Little House Capital LLC Has $1.12 Million Stake in STAG Industrial, Inc. (NYSE:STAG)

Little House Capital LLC increased its stake in shares of STAG Industrial, Inc. (NYSE:STAGFree Report) by 6.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,466 shares of the real estate investment trust’s stock after acquiring an additional 1,770 shares during the period. Little House Capital LLC’s holdings in STAG Industrial were worth $1,118,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp increased its stake 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 buying an additional 496 shares during the last quarter. Rational Advisors LLC acquired a new stake in STAG Industrial in the 3rd quarter valued at $42,000. Sound Income Strategies LLC increased its stake in STAG Industrial by 35.5% in the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the real estate investment trust’s stock valued at $54,000 after buying an additional 357 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its stake in STAG Industrial by 328.9% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,642 shares of the real estate investment trust’s stock valued at $91,000 after buying an additional 2,026 shares during the last quarter. Finally, CWM LLC increased its stake in STAG Industrial by 17.6% in the 4th quarter. CWM LLC now owns 2,438 shares of the real estate investment trust’s stock valued at $96,000 after buying an additional 365 shares during the last quarter. 88.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

STAG has been the topic of several recent research reports. BMO Capital Markets reiterated an “outperform” rating and issued a $42.00 price target (up from $41.00) on shares of STAG Industrial in a research note on Monday, April 8th. Royal Bank of Canada lifted their price objective 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. Robert W. Baird reissued a “neutral” rating and issued a $41.00 price objective (up previously from $38.00) on shares of STAG Industrial in a research report on Friday, January 5th. Finally, Barclays started coverage on shares of STAG Industrial in a research report on Wednesday, March 27th. They issued an “equal weight” rating and a $40.00 price objective for the company. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $39.13.

Read Our Latest Stock Report on STAG Industrial

STAG Industrial Stock Performance

NYSE STAG traded down $0.06 during trading on Friday, reaching $34.48. The company’s stock had a trading volume of 1,268,933 shares, compared to its average volume of 960,383. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $6.27 billion, a price-to-earnings ratio of 31.93, a price-to-earnings-growth ratio of 4.87 and a beta of 1.02. STAG Industrial, Inc. has a 12 month low of $31.69 and a 12 month high of $39.61. The firm has a 50 day moving average price of $37.20 and a 200 day moving average price of $36.82.

STAG Industrial Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be given a $0.1233 dividend. This represents a $1.48 annualized dividend and a dividend yield of 4.29%. The ex-dividend date is Friday, June 28th. STAG Industrial’s payout ratio is presently 137.04%.

About STAG Industrial

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for STAG Industrial (NYSE:STAG)

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