STORE Capital Corporation (NYSE:STOR) Shares Bought by C WorldWide Group Holding A S

C WorldWide Group Holding A S increased its position in STORE Capital Corporation (NYSE:STOR) by 30.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,911 shares of the real estate investment trust’s stock after buying an additional 19,915 shares during the period. C WorldWide Group Holding A S’s holdings in STORE Capital Corporation were worth $1,906,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Public Employees Retirement Association of Colorado raised its position in shares of STORE Capital Corporation by 12.1% in the second quarter. Public Employees Retirement Association of Colorado now owns 5,363 shares of the real estate investment trust’s stock worth $120,000 after buying an additional 580 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of STORE Capital Corporation by 12.2% in the first quarter. PNC Financial Services Group Inc. now owns 5,675 shares of the real estate investment trust’s stock worth $136,000 after buying an additional 619 shares during the last quarter. Thompson Davis & CO. Inc. raised its position in shares of STORE Capital Corporation by 7,774.5% in the first quarter. Thompson Davis & CO. Inc. now owns 7,402 shares of the real estate investment trust’s stock worth $177,000 after buying an additional 7,308 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of STORE Capital Corporation during the first quarter worth $201,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of STORE Capital Corporation by 5.8% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,079 shares of the real estate investment trust’s stock worth $217,000 after buying an additional 497 shares during the last quarter. 92.67% of the stock is owned by hedge funds and other institutional investors.

Shares of STORE Capital Corporation (NYSE STOR) opened at 23.70 on Friday. The firm’s 50-day moving average is $23.09 and its 200 day moving average is $22.98. STORE Capital Corporation has a 12 month low of $19.65 and a 12 month high of $30.65. The company has a market capitalization of $4.49 billion, a PE ratio of 23.89 and a beta of 0.25.

STORE Capital Corporation (NYSE:STOR) last issued its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by $0.07. The business had revenue of $114.21 million for the quarter, compared to analyst estimates of $112.27 million. STORE Capital Corporation had a net margin of 38.71% and a return on equity of 5.98%. The firm’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.38 earnings per share. Equities research analysts predict that STORE Capital Corporation will post $0.81 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Friday, June 30th were issued a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 4.89%. The ex-dividend date of this dividend was Wednesday, June 28th. STORE Capital Corporation’s dividend payout ratio is currently 118.37%.

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A number of equities analysts recently weighed in on STOR shares. TheStreet raised shares of STORE Capital Corporation from a “c” rating to a “b-” rating in a research note on Thursday, August 3rd. Capital One Financial Corporation reaffirmed a “buy” rating and issued a $30.00 target price on shares of STORE Capital Corporation in a research note on Friday, June 30th. BTIG Research reaffirmed a “buy” rating and issued a $28.00 target price on shares of STORE Capital Corporation in a research note on Friday, June 30th. Wunderlich reduced their target price on shares of STORE Capital Corporation from $27.50 to $25.00 and set a “buy” rating for the company in a research note on Monday, May 15th. Finally, Stifel Nicolaus reduced their target price on shares of STORE Capital Corporation from $27.50 to $25.50 and set a “buy” rating for the company in a research note on Monday, May 15th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the stock. STORE Capital Corporation has an average rating of “Hold” and a consensus target price of $27.54.

STORE Capital Corporation Company Profile

STORE Capital Corporation is an internally managed net-lease real estate investment trust. The Company is engaged in the acquisition, investment and management of single tenant operational real estate (STORE) properties. As of December 31, 2016, the Company owned a portfolio that consisted of investments in 1,660 property locations operated by 360 customers across 48 states.

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Institutional Ownership by Quarter for STORE Capital Corporation (NYSE:STOR)

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