STAG Industrial, Inc. (NYSE:STAG) Shares Purchased by Aster Capital Management DIFC Ltd

Aster Capital Management DIFC Ltd lifted its position in shares of STAG Industrial, Inc. (NYSE:STAG - Free Report) by 146.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,520 shares of the real estate investment trust's stock after buying an additional 22,294 shares during the period. Aster Capital Management DIFC Ltd's holdings in STAG Industrial were worth $1,269,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Sugar Maple Asset Management LLC purchased a new position in STAG Industrial during the fourth quarter worth about $43,000. Hilltop National Bank boosted its position in shares of STAG Industrial by 19.2% during the 4th quarter. Hilltop National Bank now owns 2,243 shares of the real estate investment trust's stock worth $76,000 after purchasing an additional 362 shares during the period. Principal Securities Inc. boosted its position in shares of STAG Industrial by 20.7% during the 4th quarter. Principal Securities Inc. now owns 2,977 shares of the real estate investment trust's stock worth $101,000 after purchasing an additional 510 shares during the period. Aew Capital Management L P increased its holdings in STAG Industrial by 52.4% in the 4th quarter. Aew Capital Management L P now owns 3,200 shares of the real estate investment trust's stock valued at $108,000 after purchasing an additional 1,100 shares during the last quarter. Finally, Venturi Wealth Management LLC purchased a new stake in STAG Industrial in the fourth quarter valued at approximately $109,000. Hedge funds and other institutional investors own 88.67% of the company's stock.

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STAG Industrial Stock Up 0.1 %

STAG traded up $0.04 on Friday, hitting $30.94. 721,280 shares of the company were exchanged, compared to its average volume of 1,187,406. The firm has a 50-day moving average price of $34.89 and a two-hundred day moving average price of $35.59. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.86. STAG Industrial, Inc. has a twelve month low of $28.61 and a twelve month high of $41.63. The company has a market cap of $5.77 billion, a price-to-earnings ratio of 29.70 and a beta of 0.96.

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

STAG Industrial Announces Dividend

The company also recently disclosed a apr 25 dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be given a $0.1242 dividend. STAG Industrial's dividend payout ratio is presently 143.27%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on STAG. Royal Bank of Canada lowered their price target on 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. Barclays dropped their target price 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. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $40.14.

Insider Activity

In other news, Director Benjamin S. Butcher sold 50,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $35.10, for a total value of $1,755,000.00. Following the transaction, the director now 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 SEC, which can be accessed through this link. Company insiders own 1.10% of the company's stock.

STAG Industrial Company 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.