STAG Industrial, Inc. (NYSE:STAG) Shares Acquired by Aigen Investment Management LP

Aigen Investment Management LP boosted its stake in STAG Industrial, Inc. (NYSE:STAG - Free Report) by 180.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,929 shares of the real estate investment trust's stock after acquiring an additional 15,401 shares during the quarter. Aigen Investment Management LP's holdings in STAG Industrial were worth $809,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of STAG. FMR LLC increased its position in shares of STAG Industrial by 145.5% during the third quarter. FMR LLC now owns 6,936,107 shares of the real estate investment trust's stock worth $271,132,000 after acquiring an additional 4,111,268 shares during the last quarter. Geode Capital Management LLC grew its stake in STAG Industrial by 0.6% in the third quarter. Geode Capital Management LLC now owns 3,403,540 shares of the real estate investment trust's stock worth $133,077,000 after purchasing an additional 21,925 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in STAG Industrial by 7.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,169,164 shares of the real estate investment trust's stock valued at $123,883,000 after buying an additional 227,629 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its stake in STAG Industrial by 4.6% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 1,830,394 shares of the real estate investment trust's stock valued at $61,905,000 after buying an additional 79,762 shares in the last quarter. Finally, Westfield Capital Management Co. LP lifted its holdings in STAG Industrial by 36.0% during the 3rd quarter. Westfield Capital Management Co. LP now owns 1,670,586 shares of the real estate investment trust's stock worth $65,303,000 after buying an additional 442,618 shares during the last quarter. Institutional investors and hedge funds own 88.67% of the company's stock.

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Insider Transactions at STAG Industrial

In related news, Director Benjamin S. Butcher sold 50,000 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $35.10, for a total transaction of $1,755,000.00. Following the sale, the director now owns 9,632 shares of the company's stock, valued at $338,083.20. The trade was a 83.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.10% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on STAG. Barclays lowered their price target on STAG Industrial from $40.00 to $37.00 and set an "equal weight" rating for the company in a report on Tuesday, January 28th. Royal Bank of Canada dropped their target price on shares of STAG Industrial from $40.00 to $38.00 and set a "sector perform" rating on the stock in a report on Monday, January 27th. Finally, Raymond James raised their price target on shares of STAG Industrial from $39.00 to $40.00 and gave the stock an "outperform" rating in a research report on Wednesday, December 11th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, STAG Industrial currently has a consensus rating of "Moderate Buy" and a consensus target price of $40.38.

STAG Industrial Stock Performance

STAG stock traded up $0.05 on Monday, reaching $36.83. The company's stock had a trading volume of 2,226,170 shares, compared to its average volume of 1,327,788. STAG Industrial, Inc. has a 52 week low of $32.27 and a 52 week high of $41.63. 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 company has a market capitalization of $6.87 billion, a P/E ratio of 35.41 and a beta of 1.05. The firm has a fifty day moving average of $34.59 and a two-hundred day moving average of $36.54.

STAG Industrial (NYSE:STAG - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.61 earnings per share (EPS) 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%. As a group, analysts predict that STAG Industrial, Inc. will post 2.47 EPS for the current fiscal year.

STAG Industrial Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.1242 per share. This represents a dividend 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 143.27%.

About STAG Industrial

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.