Motley Fool Wealth Management LLC Sells 11,973 Shares of STAG Industrial, Inc. (NYSE:STAG)

Motley Fool Wealth Management LLC lowered its stake in shares of STAG Industrial, Inc. (NYSE:STAG - Free Report) by 4.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 291,030 shares of the real estate investment trust's stock after selling 11,973 shares during the period. Motley Fool Wealth Management LLC owned approximately 0.16% of STAG Industrial worth $9,824,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. FineMark National Bank & Trust raised its holdings in shares of STAG Industrial by 44.4% in the fourth quarter. FineMark National Bank & Trust now owns 151,358 shares of the real estate investment trust's stock valued at $5,119,000 after purchasing an additional 46,553 shares during the last quarter. Segall Bryant & Hamill LLC increased its stake in STAG Industrial by 0.8% in the 4th quarter. Segall Bryant & Hamill LLC now owns 1,102,124 shares of the real estate investment trust's stock valued at $37,274,000 after buying an additional 8,970 shares during the last quarter. Prudential Financial Inc. increased its stake in STAG Industrial by 19.3% in the 4th quarter. Prudential Financial Inc. now owns 1,809,679 shares of the real estate investment trust's stock valued at $61,203,000 after buying an additional 292,252 shares during the last quarter. LPL Financial LLC boosted its stake in shares of STAG Industrial by 10.3% in the 4th quarter. LPL Financial LLC now owns 136,261 shares of the real estate investment trust's stock worth $4,608,000 after buying an additional 12,735 shares during the last quarter. Finally, Fox Run Management L.L.C. bought a new position in shares of STAG Industrial in the fourth quarter valued at approximately $351,000. 88.67% of the stock is owned by institutional investors.

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Insider Transactions at STAG Industrial

In other news, Director Benjamin S. Butcher sold 50,000 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $35.10, for a total value of $1,755,000.00. Following the sale, the director now directly owns 9,632 shares of the company's stock, valued at approximately $338,083.20. This represents a 83.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.10% of the company's stock.

STAG Industrial Stock Performance

Shares of STAG stock traded up $0.14 on Friday, hitting $35.58. 1,649,468 shares of the stock were exchanged, compared to its average volume of 1,131,497. STAG Industrial, Inc. has a one year low of $32.27 and a one year high of $41.63. The firm's 50 day moving average is $35.17 and its two-hundred day moving average is $36.08. The firm has a market capitalization of $6.64 billion, a PE ratio of 34.21 and a beta of 1.05. 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 (NYSE:STAG - Get Free Report) last posted 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 net margin of 24.64% and a return on equity of 5.51%. Sell-side analysts expect that STAG Industrial, Inc. will post 2.47 earnings per share for the current fiscal year.

STAG Industrial Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a $0.1242 dividend. This is a positive change from STAG Industrial's previous dividend of $0.12. This represents a dividend yield of 4.25%. The ex-dividend date was Friday, February 28th. STAG Industrial's dividend payout ratio (DPR) is presently 143.27%.

Analyst Ratings Changes

A number of analysts recently commented on STAG shares. Raymond James lifted 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. Royal Bank of Canada lowered their target price 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. Finally, Barclays reduced their price target on shares of 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 equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, STAG Industrial presently has an average rating of "Moderate Buy" and an average price target of $40.38.

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.