STAG Industrial, Inc. (NYSE:STAG) Shares Sold by LDR Capital Management LLC

LDR Capital Management LLC lessened its position in shares of STAG Industrial, Inc. (NYSE:STAG - Free Report) by 67.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,204 shares of the real estate investment trust's stock after selling 29,554 shares during the quarter. LDR Capital Management LLC's holdings in STAG Industrial were worth $480,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of STAG. Sugar Maple Asset Management LLC acquired a new stake in STAG Industrial in the fourth quarter worth about $43,000. Coastline Trust Co purchased a new position in STAG Industrial during the 3rd quarter worth approximately $55,000. Hilltop National Bank increased 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 acquiring an additional 362 shares during the period. Principal Securities Inc. lifted 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 valued at $101,000 after purchasing an additional 510 shares during the period. Finally, Venturi Wealth Management LLC purchased a new stake in STAG Industrial in the fourth quarter valued at $109,000. Hedge funds and other institutional investors own 88.67% of the company's stock.

STAG Industrial Price Performance

NYSE STAG traded down $0.06 during mid-day trading on Wednesday, hitting $35.60. The stock had a trading volume of 1,153,510 shares, compared to its average volume of 1,259,897. The firm's 50 day moving average is $34.22 and its 200 day moving average is $36.72. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.36 and a quick ratio of 1.36. The stock has a market capitalization of $6.64 billion, a price-to-earnings ratio of 34.23 and a beta of 1.09. STAG Industrial, Inc. has a twelve month low of $32.27 and a twelve month high of $41.63.

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STAG Industrial (NYSE:STAG - Get Free Report) last issued its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.61 EPS for the quarter, beating 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%. Equities research analysts forecast that STAG Industrial, Inc. will post 2.47 earnings per share for the current fiscal year.

STAG Industrial Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.1242 per share. This is a boost from STAG Industrial's previous dividend of $0.12. This represents a dividend yield of 4.25%. The ex-dividend date is Friday, February 28th. STAG Industrial's payout ratio is currently 143.27%.

Insider Activity

In other news, Director Benjamin S. Butcher sold 50,000 shares of the business's stock in a transaction dated 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 owns 9,632 shares of the company's stock, valued at approximately $338,083.20. The trade was a 83.85 % decrease in their position. The sale 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.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on STAG shares. 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 note on Tuesday, January 28th. Royal Bank of Canada decreased their target price on STAG Industrial from $40.00 to $38.00 and set a "sector perform" rating on the stock in a research report on Monday, January 27th. Raymond James boosted their price target on shares of STAG Industrial from $39.00 to $40.00 and gave the stock an "outperform" rating in a report on Wednesday, December 11th. Finally, Wells Fargo & Company reduced their price objective on shares of STAG Industrial from $41.00 to $38.00 and set an "equal weight" rating for the company in a research report on Monday, November 4th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $40.38.

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.