33,086 Shares in STAG Industrial, Inc. (NYSE:STAG) Acquired by Capital Fund Management S.A.

Capital Fund Management S.A. purchased a new stake in shares of STAG Industrial, Inc. (NYSE:STAG) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 33,086 shares of the real estate investment trust’s stock, valued at approximately $1,119,000.

Several other large investors have also recently made changes to their positions in STAG. Geode Capital Management LLC grew its holdings in shares of STAG Industrial by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 3,403,540 shares of the real estate investment trust’s stock valued at $133,077,000 after purchasing an additional 21,925 shares during the last quarter. Swiss National Bank boosted its position in STAG Industrial by 0.8% during the fourth quarter. Swiss National Bank now owns 358,200 shares of the real estate investment trust’s stock valued at $12,114,000 after buying an additional 2,800 shares during the period. Stifel Financial Corp grew its stake in shares of STAG Industrial by 5.6% during the third quarter. Stifel Financial Corp now owns 52,278 shares of the real estate investment trust’s stock valued at $2,044,000 after buying an additional 2,795 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of STAG Industrial in the fourth quarter worth about $1,276,000. Finally, Congress Asset Management Co. lifted its stake in shares of STAG Industrial by 10.1% in the 4th quarter. Congress Asset Management Co. now owns 220,929 shares of the real estate investment trust’s stock valued at $7,472,000 after acquiring an additional 20,327 shares during the last quarter. 88.67% of the stock is owned by hedge funds and other institutional investors.

STAG Industrial Price Performance

STAG opened at $32.36 on Wednesday. The stock’s 50 day moving average price is $34.73 and its 200-day moving average price is $35.44. STAG Industrial, Inc. has a 52-week low of $28.61 and a 52-week high of $41.63. The stock has a market capitalization of $6.04 billion, a PE ratio of 31.11 and a beta of 0.96. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.36 and a current ratio of 1.36.

STAG Industrial (NYSE:STAG) last issued its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.43. STAG Industrial had a net margin of 24.64% and a return on equity of 5.51%. On average, equities research analysts predict that STAG Industrial, Inc. will post 2.47 EPS for the current year.

STAG Industrial Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be paid a $0.1242 dividend. This represents a $1.49 dividend on an annualized basis and a yield of 4.61%. The ex-dividend date is Monday, June 30th. STAG Industrial’s payout ratio is currently 143.27%.

Analyst Ratings Changes

A number of equities analysts have commented on STAG shares. Barclays decreased their price target on STAG Industrial from $40.00 to $37.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 28th. Royal Bank of Canada decreased their target price on shares of STAG Industrial from $40.00 to $38.00 and set a “sector perform” rating on the stock in a research note on Monday, January 27th. Finally, Raymond James lowered their price target on shares of STAG Industrial from $40.00 to $36.00 and set an “outperform” rating for the company in a report on Monday. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $39.57.

Insiders Place Their Bets

In other STAG Industrial news, Director Benjamin S. Butcher sold 50,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $35.10, for a total transaction of $1,755,000.00. Following the completion of the transaction, the director now owns 9,632 shares of the company’s stock, valued at approximately $338,083.20. This trade represents a 83.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.10% of the stock is currently owned by company insiders.

About STAG Industrial

STAG Industrial, Inc is a real estate investment company, which engages in acquiring, owning, and managing single-tenant, industrial real estate assets. It offers industrial real estate operating platform to real estate ownership. The company was founded by Benjamin S. Butcher on July 21, 2010 and is headquartered in Boston, MA.