Van Lanschot Kempen Investment Management N.V. Has $15.17 Million Stock Holdings in STAG Industrial, Inc. (NYSE:STAG)

Van Lanschot Kempen Investment Management N.V. decreased its holdings in shares of STAG Industrial, Inc. (NYSE:STAG - Free Report) by 2.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 448,576 shares of the real estate investment trust's stock after selling 11,398 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned approximately 0.25% of STAG Industrial worth $15,171,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Swiss National Bank lifted its stake in shares of STAG Industrial by 0.8% during the 4th quarter. Swiss National Bank now owns 358,200 shares of the real estate investment trust's stock worth $12,114,000 after buying an additional 2,800 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in STAG Industrial in the 4th quarter valued at about $1,276,000. Congress Asset Management Co. lifted its position in STAG Industrial by 10.1% during the fourth quarter. Congress Asset Management Co. now owns 220,929 shares of the real estate investment trust's stock worth $7,472,000 after acquiring an additional 20,327 shares during the last quarter. Asset Management One Co. Ltd. boosted its holdings in shares of STAG Industrial by 2.4% during the fourth quarter. Asset Management One Co. Ltd. now owns 359,100 shares of the real estate investment trust's stock worth $12,159,000 after acquiring an additional 8,259 shares during the period. Finally, US Bancorp DE grew its position in shares of STAG Industrial by 1.5% in the fourth quarter. US Bancorp DE now owns 27,107 shares of the real estate investment trust's stock valued at $917,000 after purchasing an additional 402 shares during the last quarter. 88.67% of the stock is owned by institutional investors.

STAG Industrial Price Performance

STAG Industrial stock traded down $0.27 during trading hours on Friday, reaching $32.85. 827,521 shares of the stock were exchanged, compared to its average volume of 1,194,197. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.86. STAG Industrial, Inc. has a twelve month low of $28.61 and a twelve month high of $41.63. The company has a market cap of $6.13 billion, a P/E ratio of 31.59 and a beta of 0.96. The stock has a 50 day moving average of $34.41 and a two-hundred day moving average of $35.20.

STAG Industrial (NYSE:STAG - Get Free Report) last posted 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 net margin of 24.64% and a return on equity of 5.51%. Equities analysts expect that STAG Industrial, Inc. will post 2.47 EPS for the current fiscal year.

STAG Industrial Announces Dividend

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

Insider Transactions at STAG Industrial

In other STAG Industrial news, Director Benjamin S. Butcher sold 50,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $35.10, for a total value of $1,755,000.00. Following the completion of the transaction, the director now directly owns 9,632 shares in the company, valued at approximately $338,083.20. This trade represents a 83.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.10% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts recently issued reports on STAG shares. Barclays reduced their price target on 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. Raymond James reduced their target price on shares of STAG Industrial from $40.00 to $36.00 and set an "outperform" rating for the company in a research report on Monday, April 14th. Finally, Royal Bank of Canada lowered 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. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $39.57.

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.