STAG Industrial (NYSE:STAG) Hits New 1-Year Low - What's Next?

STAG Industrial, Inc. (NYSE:STAG - Get Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $32.61 and last traded at $32.68, with a volume of 58955 shares changing hands. The stock had previously closed at $33.30.

Analyst Ratings Changes

Several equities analysts recently issued reports on STAG shares. Wells Fargo & Company reduced their price objective on shares of STAG Industrial from $41.00 to $38.00 and set an "equal weight" rating on the stock in a research note on Monday, November 4th. Barclays decreased their target price on shares of STAG Industrial from $42.00 to $40.00 and set an "equal weight" rating on the stock in a research report on Monday, October 28th. Finally, Raymond James increased their price target on shares of STAG Industrial from $39.00 to $40.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 11th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $41.00.

STAG Industrial Stock Performance

The company has a debt-to-equity ratio of 0.87, a current ratio of 1.42 and a quick ratio of 1.42. The firm has a fifty day simple moving average of $35.57 and a 200 day simple moving average of $37.56. The company has a market cap of $5.91 billion, a price-to-earnings ratio of 32.78 and a beta of 1.09.

STAG Industrial Dividend Announcement

The business also recently disclosed a jan 25 dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st will be paid a $0.1242 dividend. STAG Industrial's payout ratio is 149.49%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. FMR LLC lifted its holdings in STAG Industrial by 145.5% during the 3rd quarter. FMR LLC now owns 6,936,107 shares of the real estate investment trust's stock valued at $271,132,000 after purchasing an additional 4,111,268 shares during the last quarter. Bank of Montreal Can raised its stake in shares of STAG Industrial by 330.5% in the third quarter. Bank of Montreal Can now owns 1,346,149 shares of the real estate investment trust's stock valued at $52,823,000 after acquiring an additional 1,033,485 shares during the last quarter. Westfield Capital Management Co. LP boosted its holdings in shares of STAG Industrial by 36.0% in 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 acquiring an additional 442,618 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in STAG Industrial by 7.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,169,164 shares of the real estate investment trust's stock worth $123,883,000 after acquiring an additional 227,629 shares during the last quarter. Finally, Heitman Real Estate Securities LLC increased its holdings in STAG Industrial by 19.8% during the 3rd quarter. Heitman Real Estate Securities LLC now owns 1,063,909 shares of the real estate investment trust's stock valued at $41,588,000 after purchasing an additional 175,993 shares in the last quarter. 88.67% of the stock is owned by institutional investors.

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.