Barclays PLC Has $6.12 Million Stock Holdings in STAG Industrial, Inc. (NYSE:STAG)

Barclays PLC trimmed its holdings in shares of STAG Industrial, Inc. (NYSE:STAG - Free Report) by 22.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 180,815 shares of the real estate investment trust's stock after selling 51,456 shares during the period. Barclays PLC owned 0.10% of STAG Industrial worth $6,115,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sugar Maple Asset Management LLC bought a new stake in shares of STAG Industrial during the 4th quarter valued at about $43,000. Hilltop National Bank grew its holdings in shares of 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 last quarter. Principal Securities Inc. raised its position in shares of STAG Industrial by 20.7% during the 4th quarter. Principal Securities Inc. now owns 2,977 shares of the real estate investment trust's stock worth $101,000 after purchasing an additional 510 shares during the period. Aew Capital Management L P lifted its holdings in shares of STAG Industrial by 52.4% in the 4th quarter. Aew Capital Management L P now owns 3,200 shares of the real estate investment trust's stock worth $108,000 after purchasing an additional 1,100 shares during the last quarter. Finally, Venturi Wealth Management LLC acquired a new position in STAG Industrial during the 4th quarter valued at approximately $109,000. 88.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on STAG shares. Raymond James dropped their target price on STAG Industrial from $40.00 to $36.00 and set an "outperform" rating on the stock in a research report on Monday, April 14th. Royal Bank of Canada dropped their price objective 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, Barclays reduced their target price on shares of STAG Industrial from $40.00 to $37.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 28th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $39.57.

STAG Industrial Price Performance

Shares of STAG stock traded down $0.04 during midday trading on Tuesday, reaching $32.80. 1,615,328 shares of the company were exchanged, compared to its average volume of 1,192,965. STAG Industrial, Inc. has a 12 month low of $28.61 and a 12 month high of $41.63. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.36 and a current ratio of 1.36. The company has a market cap of $6.12 billion, a P/E ratio of 31.54 and a beta of 0.96. The company's 50 day moving average price is $34.32 and its two-hundred day moving average price is $35.11.

STAG Industrial (NYSE:STAG - Get Free Report) last announced its earnings results on Tuesday, April 29th. The real estate investment trust reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.01. STAG Industrial had a return on equity of 5.51% and a net margin of 24.64%. On average, sell-side analysts expect that STAG Industrial, Inc. will post 2.47 earnings per share for the current year.

STAG Industrial Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a dividend of $0.1242 per share. This represents a $1.49 dividend on an annualized basis and a yield of 4.54%. The ex-dividend date of this dividend is Monday, June 30th. STAG Industrial's payout ratio is 143.27%.

Insiders Place Their Bets

In other STAG Industrial news, Director Benjamin S. Butcher sold 50,000 shares of the business's stock in a transaction dated 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 in the company, valued at approximately $338,083.20. The trade was a 83.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.10% of the stock is currently owned by company insiders.

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.