13,836 Shares in STAG Industrial, Inc. (NYSE:STAG) Purchased by Values First Advisors Inc.

Values First Advisors Inc. bought a new position in shares of STAG Industrial, Inc. (NYSE:STAG) in the 4th quarter, Holdings Channel reports. The fund bought 13,836 shares of the real estate investment trust’s stock, valued at approximately $543,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Eagle Bay Advisors LLC bought a new stake in STAG Industrial in the 2nd quarter valued at about $27,000. Fifth Third Bancorp boosted its holdings in STAG Industrial by 121.3% in the 3rd quarter. Fifth Third Bancorp now owns 905 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 496 shares during the period. Rational Advisors LLC bought a new stake in STAG Industrial in the 3rd quarter valued at about $42,000. IFP Advisors Inc boosted its holdings in STAG Industrial by 52.6% in the 2nd quarter. IFP Advisors Inc now owns 1,401 shares of the real estate investment trust’s stock valued at $50,000 after purchasing an additional 483 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in STAG Industrial by 304.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,625 shares of the real estate investment trust’s stock valued at $53,000 after purchasing an additional 1,223 shares during the period. Institutional investors own 88.67% of the company’s stock.

STAG Industrial Price Performance

STAG stock traded up $0.36 during trading on Thursday, reaching $38.46. 936,812 shares of the company were exchanged, compared to its average volume of 1,184,092. STAG Industrial, Inc. has a twelve month low of $31.69 and a twelve month high of $39.61. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.79 and a quick ratio of 1.79. The company has a market capitalization of $6.99 billion, a price-to-earnings ratio of 35.51, a P/E/G ratio of 5.30 and a beta of 1.02. The company has a 50-day moving average of $37.77 and a two-hundred day moving average of $36.60.

STAG Industrial Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, April 15th. Shareholders of record on Thursday, March 28th will be issued a dividend of $0.1233 per share. This represents a $1.48 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date is Wednesday, March 27th. STAG Industrial’s payout ratio is 137.04%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Barclays initiated coverage on shares of STAG Industrial in a report on Wednesday. They issued an “equal weight” rating and a $40.00 price objective for the company. Robert W. Baird restated a “neutral” rating and issued a $41.00 target price (up from $38.00) on shares of STAG Industrial in a research report on Friday, January 5th. Finally, Royal Bank of Canada boosted their target price on shares of STAG Industrial from $39.00 to $40.00 and gave the company a “sector perform” rating in a research report on Friday, February 16th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $38.71.

STAG Industrial Company Profile

We are a REIT focused on the acquisition, ownership, and operation of industrial properties throughout the United States. Our platform is designed to (i) identify properties for acquisition that offer relative value across CBRE-EA Tier 1 industrial real estate markets, industries, and tenants through the principled application of our proprietary risk assessment model, (ii) provide growth through sophisticated industrial operation and an attractive opportunity set, and (iii) capitalize our business appropriately given the characteristics of our assets.