STAG Industrial, Inc. (NYSE:STAG) Holdings Raised by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its holdings in STAG Industrial, Inc. (NYSE:STAG - Free Report) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 480,590 shares of the real estate investment trust's stock after purchasing an additional 19,144 shares during the period. Envestnet Asset Management Inc. owned about 0.26% of STAG Industrial worth $16,254,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of STAG. Sugar Maple Asset Management LLC acquired a new position in STAG Industrial in the 4th quarter valued at $43,000. Hilltop National Bank lifted its stake in shares of STAG Industrial by 19.2% in the fourth quarter. Hilltop National Bank now owns 2,243 shares of the real estate investment trust's stock worth $76,000 after buying an additional 362 shares in the last quarter. Principal Securities Inc. boosted its position in STAG Industrial by 20.7% during the fourth quarter. Principal Securities Inc. now owns 2,977 shares of the real estate investment trust's stock worth $101,000 after acquiring an additional 510 shares during the last quarter. Aew Capital Management L P raised 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 acquiring an additional 1,100 shares during the last quarter. Finally, Venturi Wealth Management LLC purchased a new position in STAG Industrial in the 4th quarter worth approximately $109,000. Hedge funds and other institutional investors own 88.67% of the company's stock.

STAG Industrial Trading Up 2.0 %

Shares of STAG Industrial stock traded up $0.64 during trading hours on Friday, reaching $33.15. The stock had a trading volume of 1,047,173 shares, compared to its average volume of 1,195,743. The firm has a 50 day simple moving average of $34.65 and a two-hundred day simple moving average of $35.38. 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 1 year low of $28.61 and a 1 year high of $41.63. The firm has a market capitalization of $6.19 billion, a price-to-earnings ratio of 31.88 and a beta of 0.96.

STAG Industrial (NYSE:STAG - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.61 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%. As a group, equities research analysts anticipate that STAG Industrial, Inc. will post 2.47 earnings per share for the current year.

STAG Industrial Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a dividend of $0.1242 per share. This represents a $1.49 annualized dividend and a dividend yield of 4.49%. The ex-dividend date is Monday, June 30th. STAG Industrial's dividend payout ratio (DPR) is currently 143.27%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on STAG. Barclays lowered their price target on STAG Industrial from $40.00 to $37.00 and set an "equal weight" rating for the company in a report on Tuesday, January 28th. Raymond James lowered their price objective on STAG Industrial from $40.00 to $36.00 and set an "outperform" rating for the company in a research report on Monday. Finally, Royal Bank of Canada dropped their price target on STAG Industrial from $40.00 to $38.00 and set a "sector perform" rating on the stock in a research note on Monday, January 27th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $39.57.

Insider Transactions at STAG Industrial

In other STAG Industrial news, Director Benjamin S. Butcher sold 50,000 shares of STAG Industrial stock in a transaction that occurred on 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 completion of the transaction, the director now directly owns 9,632 shares in the company, valued at $338,083.20. The trade was a 83.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.10% of the company's stock.

About STAG Industrial

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.