Susquehanna Fundamental Investments LLC Acquires New Shares in STAG Industrial, Inc. (NYSE:STAG)

Susquehanna Fundamental Investments LLC bought a new position in STAG Industrial, Inc. (NYSE:STAG) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 108,599 shares of the real estate investment trust’s stock, valued at approximately $3,673,000. Susquehanna Fundamental Investments LLC owned about 0.06% of STAG Industrial as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hilltop National Bank raised its holdings in shares of STAG Industrial by 19.2% during the fourth quarter. Hilltop National Bank now owns 2,243 shares of the real estate investment trust’s stock valued at $76,000 after purchasing an additional 362 shares during the last quarter. Bridge Creek Capital Management LLC grew its position in STAG Industrial by 0.4% in the 4th quarter. Bridge Creek Capital Management LLC now owns 142,417 shares of the real estate investment trust’s stock worth $4,817,000 after purchasing an additional 600 shares during the period. Park Avenue Securities LLC raised its stake in STAG Industrial by 40.3% during the 4th quarter. Park Avenue Securities LLC now owns 7,284 shares of the real estate investment trust’s stock valued at $246,000 after buying an additional 2,091 shares during the last quarter. Peak Financial Advisors LLC lifted its holdings in shares of STAG Industrial by 3.0% during the 4th quarter. Peak Financial Advisors LLC now owns 12,415 shares of the real estate investment trust’s stock valued at $420,000 after buying an additional 356 shares during the period. Finally, Stolper Co boosted its stake in shares of STAG Industrial by 1.3% in the 4th quarter. Stolper Co now owns 51,957 shares of the real estate investment trust’s stock worth $1,757,000 after buying an additional 680 shares during the last quarter. Institutional investors own 88.67% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on STAG. Barclays reduced their price objective on STAG Industrial from $40.00 to $37.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 28th. Royal Bank of Canada reduced their price target on shares of STAG Industrial from $40.00 to $38.00 and set a “sector perform” rating for the company in a research report on Monday, January 27th. Finally, Raymond James dropped their price objective on shares of STAG Industrial from $40.00 to $36.00 and set an “outperform” rating on the stock in a report on Monday, April 14th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $39.57.

STAG Industrial Trading Up 0.0 %

Shares of STAG Industrial stock opened at $32.84 on Tuesday. STAG Industrial, Inc. has a fifty-two week low of $28.61 and a fifty-two week high of $41.63. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.36 and a current ratio of 1.36. The company has a market capitalization of $6.13 billion, a P/E ratio of 31.58 and a beta of 0.96. The company has a fifty day moving average of $34.32 and a 200 day moving average of $35.11.

STAG Industrial (NYSE:STAG) last released its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.43. STAG Industrial had a return on equity of 5.51% and a net margin of 24.64%. On average, sell-side analysts anticipate that STAG Industrial, Inc. will post 2.47 earnings per share for the current fiscal year.

STAG Industrial Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a $0.1242 dividend. This represents a $1.49 annualized dividend and a dividend yield of 4.54%. The ex-dividend date is Monday, June 30th. STAG Industrial’s dividend payout ratio (DPR) is presently 143.27%.

Insider Buying and Selling

In other news, Director Benjamin S. Butcher sold 50,000 shares of the stock in a transaction that occurred 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 directly owns 9,632 shares in the company, valued at approximately $338,083.20. This represents a 83.85 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is owned by company insiders.

STAG Industrial Profile

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.