Values First Advisors Inc. Takes $543,000 Position in STAG Industrial, Inc. (NYSE:STAG)

Values First Advisors Inc. bought a new position in STAG Industrial, Inc. (NYSE:STAG) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,836 shares of the real estate investment trust’s stock, valued at approximately $543,000.

A number of other institutional investors have also recently added to or reduced their stakes in STAG. Eagle Bay Advisors LLC acquired a new stake in STAG Industrial in the second quarter worth approximately $27,000. Fifth Third Bancorp increased its holdings in shares of STAG Industrial by 121.3% in the third 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 in the last quarter. Rational Advisors LLC bought a new position in shares of STAG Industrial in the third quarter valued at $42,000. IFP Advisors Inc increased its holdings in shares of STAG Industrial by 52.6% in the second quarter. IFP Advisors Inc now owns 1,401 shares of the real estate investment trust’s stock valued at $50,000 after buying an additional 483 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of STAG Industrial by 304.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,625 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 1,223 shares in the last quarter. 88.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

STAG Industrial Stock Performance

Shares of STAG traded up $0.36 during trading hours on Thursday, reaching $38.46. 936,812 shares of the company traded hands, compared to its average volume of 1,184,092. STAG Industrial, Inc. has a 1-year low of $31.69 and a 1-year high of $39.61. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a market cap of $6.99 billion, a P/E ratio of 35.51, a price-to-earnings-growth ratio of 5.30 and a beta of 1.02. The stock’s fifty day moving average is $37.77 and its 200 day moving average is $36.60.

STAG Industrial Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, April 15th. Investors of record on Thursday, March 28th will be given a $0.1233 dividend. This represents a $1.48 annualized dividend and a yield of 3.85%. The ex-dividend date is Wednesday, March 27th. STAG Industrial’s dividend payout ratio (DPR) is presently 137.04%.

About STAG Industrial

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.