Segall Bryant & Hamill LLC Has $37.27 Million Stock Holdings in STAG Industrial, Inc. (NYSE:STAG)

Segall Bryant & Hamill LLC raised its holdings in shares of STAG Industrial, Inc. (NYSE:STAG - Free Report) by 0.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,102,124 shares of the real estate investment trust's stock after acquiring an additional 8,970 shares during the period. Segall Bryant & Hamill LLC owned approximately 0.60% of STAG Industrial worth $37,274,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in STAG. Oregon Public Employees Retirement Fund lifted its stake in STAG Industrial by 0.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 37,131 shares of the real estate investment trust's stock valued at $1,256,000 after buying an additional 300 shares during the period. Values First Advisors Inc. increased its stake 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 acquiring an additional 307 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its position in shares of STAG Industrial by 3.0% in the 4th 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 stake in 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 acquiring an additional 356 shares during the last quarter. Finally, Hilltop National Bank grew 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 valued at $76,000 after purchasing an additional 362 shares during the period. Institutional investors and hedge funds own 88.67% of the company's stock.

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STAG Industrial Stock Up 0.4 %

STAG Industrial stock traded up $0.14 during mid-day trading on Friday, reaching $35.58. The company's stock had a trading volume of 1,649,468 shares, compared to its average volume of 1,131,497. The business's 50 day simple moving average is $35.17 and its 200 day simple moving average is $36.08. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.36 and a current ratio of 1.36. STAG Industrial, Inc. has a 12 month low of $32.27 and a 12 month high of $41.63. The company has a market capitalization of $6.64 billion, a price-to-earnings ratio of 34.21 and a beta of 1.05.

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%. As a group, research analysts anticipate that STAG Industrial, Inc. will post 2.47 earnings per share for the current year.

STAG Industrial Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1242 per share. This is a positive change from STAG Industrial's previous dividend of $0.12. This represents a yield of 4.25%. The ex-dividend date was Friday, February 28th. STAG Industrial's dividend payout ratio is 143.27%.

Insider Activity at STAG Industrial

In other STAG Industrial news, Director Benjamin S. Butcher sold 50,000 shares of the company's stock in a transaction on 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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

STAG has been the topic of a number of recent analyst reports. Royal Bank of Canada reduced their price target on shares of 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 raised their price target on STAG Industrial from $39.00 to $40.00 and gave the stock an "outperform" rating in a research report on Wednesday, December 11th. Finally, Barclays cut their price objective on STAG Industrial from $40.00 to $37.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 28th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus 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.