Signaturefd LLC Trims Holdings in STAG Industrial, Inc. (NYSE:STAG)

Signaturefd LLC lowered its holdings in STAG Industrial, Inc. (NYSE:STAG) by 24.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,269 shares of the real estate investment trust’s stock after selling 726 shares during the quarter. Signaturefd LLC’s holdings in STAG Industrial were worth $77,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Sugar Maple Asset Management LLC bought a new position in shares of STAG Industrial during the fourth quarter valued at approximately $43,000. Hilltop National Bank raised its holdings in STAG Industrial by 19.2% in the 4th quarter. Hilltop National Bank now owns 2,243 shares of the real estate investment trust’s stock worth $76,000 after purchasing an additional 362 shares in the last quarter. Principal Securities Inc. lifted its position in shares of STAG Industrial by 20.7% in 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 boosted its stake in shares of STAG Industrial by 52.4% during the 4th quarter. Aew Capital Management L P now owns 3,200 shares of the real estate investment trust’s stock valued at $108,000 after purchasing an additional 1,100 shares in the last quarter. Finally, Venturi Wealth Management LLC purchased a new position in shares of STAG Industrial during the fourth quarter valued at about $109,000. 88.67% of the stock is currently owned by institutional investors.

Insider Buying and Selling at STAG Industrial

In other news, Director Benjamin S. Butcher sold 50,000 shares of the company’s stock in a transaction on 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 $338,083.20. This represents a 83.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 1.10% of the company’s stock.

STAG Industrial Trading Up 1.4 %

NYSE STAG opened at $34.48 on Tuesday. STAG Industrial, Inc. has a 12 month low of $32.27 and a 12 month high of $41.63. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.86. The stock’s fifty day moving average price is $35.07 and its 200-day moving average price is $36.17. The stock has a market cap of $6.44 billion, a P/E ratio of 33.16 and a beta of 1.05.

STAG Industrial (NYSE:STAG) last released its quarterly earnings data 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 net margin of 24.64% and a return on equity of 5.51%. As a group, equities analysts forecast that STAG Industrial, Inc. will post 2.47 EPS for the current fiscal year.

STAG Industrial Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued a $0.1242 dividend. This is a positive change from STAG Industrial’s previous dividend of $0.12. This represents a yield of 4.25%. The ex-dividend date was Friday, February 28th. STAG Industrial’s payout ratio is presently 143.27%.

Analysts Set New Price Targets

Several analysts have weighed in on STAG shares. Barclays cut their price objective on STAG Industrial from $40.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 28th. Royal Bank of Canada dropped their price target on 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. Finally, Raymond James increased their price objective on STAG Industrial from $39.00 to $40.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $40.38.

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.