STAG Industrial, Inc. (NYSE:STAG) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA lowered its position in STAG Industrial, Inc. (NYSE:STAG - Free Report) by 6.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 502,078 shares of the real estate investment trust's stock after selling 37,435 shares during the period. Leeward Investments LLC MA owned about 0.28% of STAG Industrial worth $16,980,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in STAG. Values First Advisors Inc. lifted its holdings in shares of STAG Industrial by 2.2% in the 4th quarter. Values First Advisors Inc. now owns 14,562 shares of the real estate investment trust's stock valued at $492,000 after buying an additional 307 shares during the period. Hennion & Walsh Asset Management Inc. lifted its holdings in STAG Industrial by 3.0% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 12,025 shares of the real estate investment trust's stock valued at $407,000 after acquiring an additional 347 shares during the period. Peak Financial Advisors LLC boosted its position 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 worth $420,000 after purchasing an additional 356 shares in the last quarter. Hilltop National Bank boosted its holdings in 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 worth $76,000 after buying an additional 362 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its position in shares of STAG Industrial by 0.4% during the 3rd quarter. State of Alaska Department of Revenue now owns 107,571 shares of the real estate investment trust's stock valued at $4,204,000 after acquiring an additional 390 shares during the period. Hedge funds and other institutional investors own 88.67% of the company's stock.

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Analysts Set New Price Targets

STAG has been the topic of several research reports. Wells Fargo & Company lowered their target price on STAG Industrial from $41.00 to $38.00 and set an "equal weight" rating on the stock in a report on Monday, November 4th. Royal Bank of Canada dropped 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. Raymond James boosted their price target on STAG Industrial from $39.00 to $40.00 and gave the stock an "outperform" rating in a report on Wednesday, December 11th. Finally, Barclays decreased their price objective on STAG Industrial from $40.00 to $37.00 and set an "equal weight" rating on the stock in a research note on Tuesday, January 28th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $40.38.

STAG Industrial Trading Down 0.2 %

Shares of STAG stock traded down $0.06 during mid-day trading on Wednesday, hitting $35.60. 1,153,510 shares of the company's stock were exchanged, compared to its average volume of 1,259,897. The stock has a market cap of $6.64 billion, a price-to-earnings ratio of 34.23 and a beta of 1.09. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.86. STAG Industrial, Inc. has a fifty-two week low of $32.27 and a fifty-two week high of $41.63. The stock has a 50-day simple moving average of $34.22 and a two-hundred day simple moving average of $36.72.

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 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%. Equities analysts expect that STAG Industrial, Inc. will post 2.47 EPS for the current fiscal year.

STAG Industrial Increases Dividend

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

Insider Buying and Selling

In related news, Director Benjamin S. Butcher sold 50,000 shares of STAG Industrial stock in a transaction 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 transaction, the director now owns 9,632 shares in the company, valued at approximately $338,083.20. This trade represents a 83.85 % decrease in their ownership of the stock. The sale 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 currently 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.