Keeley Teton Advisors LLC Acquires 17,057 Shares of STAG Industrial, Inc. (NYSE:STAG)

Keeley Teton Advisors LLC raised its stake in shares of STAG Industrial, Inc. (NYSE:STAG - Free Report) by 9.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 199,573 shares of the real estate investment trust's stock after buying an additional 17,057 shares during the period. STAG Industrial makes up 0.8% of Keeley Teton Advisors LLC's portfolio, making the stock its 26th biggest position. Keeley Teton Advisors LLC owned about 0.11% of STAG Industrial worth $6,750,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Ratings Changes

STAG has been the subject of a number of research analyst reports. Royal Bank of Canada cut 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 report on Monday, January 27th. Barclays reduced their target price on shares of STAG Industrial from $40.00 to $37.00 and set an "equal weight" rating for the company in a report on Tuesday, January 28th. Finally, Raymond James dropped their price target on 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. Based on data from MarketBeat.com, STAG Industrial has a consensus rating of "Hold" and a consensus target price of $39.57.

Insider Transactions at STAG Industrial

In other news, Director Benjamin S. Butcher sold 50,000 shares of the business's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $35.10, for a total transaction of $1,755,000.00. Following 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 position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.10% of the stock is owned by insiders.

STAG Industrial Trading Up 2.0 %

Shares of NYSE:STAG traded up $0.64 during mid-day trading on Friday, hitting $33.15. The stock had a trading volume of 1,047,173 shares, compared to its average volume of 1,194,387. The company's 50 day moving average is $34.61 and its 200-day moving average is $35.33. STAG Industrial, Inc. has a 12-month low of $28.61 and a 12-month 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 cap of $6.19 billion, a PE ratio of 31.88 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 (EPS) for the quarter, beating analysts' consensus estimates 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 predict that STAG Industrial, Inc. will post 2.47 EPS for the current year.

STAG Industrial Announces Dividend

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

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.