Charles Schwab Investment Management Inc. Has $105.67 Million Holdings in STAG Industrial, Inc. (NYSE:STAG)

Charles Schwab Investment Management Inc. lessened its holdings in STAG Industrial, Inc. (NYSE:STAG - Free Report) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,124,533 shares of the real estate investment trust's stock after selling 44,631 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.71% of STAG Industrial worth $105,672,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of STAG. Oregon Public Employees Retirement Fund raised its holdings in STAG Industrial by 0.8% in the 4th 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 acquiring an additional 300 shares in the last quarter. Values First Advisors Inc. increased its position in shares of STAG Industrial by 2.2% in the fourth quarter. Values First Advisors Inc. now owns 14,562 shares of the real estate investment trust's stock worth $492,000 after purchasing an additional 307 shares during the period. Hennion & Walsh Asset Management Inc. raised its stake in STAG Industrial by 3.0% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 12,025 shares of the real estate investment trust's stock valued at $407,000 after purchasing an additional 347 shares in the last quarter. Peak Financial Advisors LLC lifted its position in STAG Industrial by 3.0% during the fourth quarter. Peak Financial Advisors LLC now owns 12,415 shares of the real estate investment trust's stock worth $420,000 after purchasing an additional 356 shares during the period. Finally, Hilltop National Bank grew its stake 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 worth $76,000 after buying an additional 362 shares in the last quarter. 88.67% of the stock is currently owned by institutional investors and hedge funds.

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STAG Industrial Price Performance

Shares of NYSE STAG traded down $1.25 during midday trading on Thursday, reaching $34.91. 984,048 shares of the company were exchanged, compared to its average volume of 1,337,146. The stock's 50-day moving average price is $34.75 and its 200-day moving average price is $36.49. The stock has a market cap of $6.51 billion, a P/E ratio of 33.57 and a beta of 1.05. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.86. STAG Industrial, Inc. has a one year low of $32.27 and a one year high of $41.63.

STAG Industrial (NYSE:STAG - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.61 earnings per share for the quarter, topping 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%. On average, sell-side analysts anticipate that STAG Industrial, Inc. will post 2.47 earnings per share for the current fiscal year.

STAG Industrial Increases Dividend

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

Analysts Set New Price Targets

A number of analysts have recently weighed in on STAG shares. Raymond James upped their price target on shares of STAG Industrial from $39.00 to $40.00 and gave the stock an "outperform" rating in a report on Wednesday, December 11th. Barclays lowered their price objective 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. Finally, Royal Bank of Canada reduced their target price on STAG Industrial from $40.00 to $38.00 and set a "sector perform" rating on the stock in a report on Monday, January 27th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $40.38.

Insiders Place Their Bets

In other STAG Industrial news, Director Benjamin S. Butcher sold 50,000 shares of STAG Industrial 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 transaction, the director now directly owns 9,632 shares of the company's stock, valued at approximately $338,083.20. The trade was a 83.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.10% of the company's stock.

STAG Industrial Company 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.