STAG Industrial, Inc. (NYSE:STAG) Shares Bought by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. boosted its position in shares of STAG Industrial, Inc. (NYSE:STAG - Free Report) by 4.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,830,394 shares of the real estate investment trust's stock after buying an additional 79,762 shares during the period. Vaughan Nelson Investment Management L.P. owned 1.00% of STAG Industrial worth $61,905,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. UMB Bank n.a. boosted its holdings in STAG Industrial by 54.1% in the 3rd quarter. UMB Bank n.a. now owns 872 shares of the real estate investment trust's stock valued at $34,000 after purchasing an additional 306 shares during the last quarter. Sugar Maple Asset Management LLC acquired a new position in STAG Industrial in the fourth quarter valued at approximately $43,000. Coastline Trust Co purchased a new position in STAG Industrial in the third quarter worth approximately $55,000. GAMMA Investing LLC increased its stake in STAG Industrial by 72.7% during the third quarter. GAMMA Investing LLC now owns 1,566 shares of the real estate investment trust's stock worth $61,000 after acquiring an additional 659 shares during the last quarter. Finally, Hilltop National Bank raised its position in STAG Industrial by 19.2% in 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 period. Institutional investors and hedge funds own 88.67% of the company's stock.

STAG Industrial Stock Down 0.4 %

NYSE STAG traded down $0.13 on Wednesday, hitting $35.07. 1,600,133 shares of the stock were exchanged, compared to its average volume of 1,275,726. STAG Industrial, Inc. has a fifty-two week low of $32.27 and a fifty-two week high of $41.63. The company has a 50-day moving average price of $34.34 and a 200-day moving average price of $37.05. The company has a market cap of $6.39 billion, a PE ratio of 35.42 and a beta of 1.09. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.87.

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 for the quarter, beating analysts' consensus estimates of $0.18 by $0.43. STAG Industrial had a return on equity of 5.27% and a net margin of 23.94%. Sell-side analysts anticipate that STAG Industrial, Inc. will post 2.41 EPS for the current fiscal year.

STAG Industrial Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.1242 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.49 dividend on an annualized basis and a yield of 4.25%. STAG Industrial's payout ratio is currently 150.51%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Barclays cut their price objective on 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. Royal Bank of Canada dropped their price target on shares of STAG Industrial from $40.00 to $38.00 and set a "sector perform" rating for the company in a research report on Monday, January 27th. Wells Fargo & Company dropped their price objective on STAG Industrial from $41.00 to $38.00 and set an "equal weight" rating for the company in a research note on Monday, November 4th. Finally, Raymond James increased their target price on STAG Industrial from $39.00 to $40.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 11th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $40.38.

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.