STAG Industrial, Inc. (NYSE:STAG) Shares Bought by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. lifted its stake in STAG Industrial, Inc. (NYSE:STAG - Free Report) by 1.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 421,287 shares of the real estate investment trust's stock after buying an additional 6,214 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned approximately 0.23% of STAG Industrial worth $15,192,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. J.Safra Asset Management Corp increased its holdings in STAG Industrial by 708.5% in the first quarter. J.Safra Asset Management Corp now owns 663 shares of the real estate investment trust's stock valued at $25,000 after buying an additional 581 shares in the last quarter. Spire Wealth Management increased its stake in shares of STAG Industrial by 124.1% in the 4th quarter. Spire Wealth Management now owns 688 shares of the real estate investment trust's stock valued at $26,000 after purchasing an additional 381 shares in the last quarter. Fidelis Capital Partners LLC purchased a new position in shares of STAG Industrial in the 1st quarter valued at about $29,000. HHM Wealth Advisors LLC acquired a new position in STAG Industrial in the 4th quarter worth about $31,000. Finally, GAMMA Investing LLC boosted its position in STAG Industrial by 56.1% during the second quarter. GAMMA Investing LLC now owns 907 shares of the real estate investment trust's stock worth $33,000 after purchasing an additional 326 shares in the last quarter. 88.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on STAG shares. BNP Paribas initiated coverage on STAG Industrial in a research note on Tuesday, June 4th. They set a "neutral" rating and a $39.00 target price for the company. Barclays boosted their price target on shares of STAG Industrial from $38.00 to $42.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 14th. Finally, Wedbush increased their price objective on shares of STAG Industrial from $44.00 to $45.00 and gave the company an "outperform" rating in a report on Monday, August 5th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, STAG Industrial presently has a consensus rating of "Hold" and an average target price of $40.63.

Insiders Place Their Bets

In other STAG Industrial news, Director Benjamin S. Butcher sold 34,000 shares of the business's stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $40.78, for a total transaction of $1,386,520.00. Following the transaction, the director now owns 8,758 shares of the company's stock, valued at $357,151.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Benjamin S. Butcher sold 34,000 shares of the firm's stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $40.78, for a total transaction of $1,386,520.00. Following the completion of the sale, the director now directly owns 8,758 shares in the company, valued at $357,151.24. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Benjamin S. Butcher sold 30,000 shares of STAG Industrial stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $34.81, for a total transaction of $1,044,300.00. Following the transaction, the director now directly owns 8,304 shares in the company, valued at $289,062.24. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company's stock.

STAG Industrial Price Performance

Shares of NYSE STAG traded up $0.55 during mid-day trading on Friday, reaching $40.45. The company's stock had a trading volume of 729,013 shares, compared to its average volume of 1,104,537. The stock has a market capitalization of $7.37 billion, a P/E ratio of 40.45, a P/E/G ratio of 4.07 and a beta of 1.09. STAG Industrial, Inc. has a 1-year low of $31.69 and a 1-year high of $41.63. The stock has a 50-day moving average of $38.13 and a two-hundred day moving average of $37.08. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.60 and a current ratio of 1.60.

STAG Industrial Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, August 15th. Shareholders of record on Thursday, August 1st were issued a $0.1233 dividend. This is an increase from STAG Industrial's previous dividend of $0.12. The ex-dividend date of this dividend was Wednesday, July 31st. This represents a yield of 3.63%. STAG Industrial's dividend payout ratio is presently 148.00%.

STAG Industrial Company Profile

We are a REIT focused on the acquisition, ownership, and operation of industrial properties throughout the United States. Our platform is designed to (i) identify properties for acquisition that offer relative value across CBRE-EA Tier 1 industrial real estate markets, industries, and tenants through the principled application of our proprietary risk assessment model, (ii) provide growth through sophisticated industrial operation and an attractive opportunity set, and (iii) capitalize our business appropriately given the characteristics of our assets.