Aew Capital Management L P Acquires 1,100 Shares of STAG Industrial, Inc. (NYSE:STAG)

Aew Capital Management L P boosted its holdings in STAG Industrial, Inc. (NYSE:STAG) by 52.4% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,200 shares of the real estate investment trust’s stock after acquiring an additional 1,100 shares during the quarter. Aew Capital Management L P’s holdings in STAG Industrial were worth $108,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Metis Global Partners LLC increased its holdings in shares of STAG Industrial by 11.4% in the 4th quarter. Metis Global Partners LLC now owns 20,880 shares of the real estate investment trust’s stock worth $706,000 after buying an additional 2,132 shares during the last quarter. US Bancorp DE increased its stake in 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 acquiring an additional 402 shares during the last quarter. Fisher Asset Management LLC raised its position in STAG Industrial by 0.3% during the fourth quarter. Fisher Asset Management LLC now owns 205,326 shares of the real estate investment trust’s stock valued at $6,944,000 after purchasing an additional 706 shares in the last quarter. Anchor Capital Advisors LLC lifted its stake in STAG Industrial by 2.0% during the fourth quarter. Anchor Capital Advisors LLC now owns 46,087 shares of the real estate investment trust’s stock worth $1,559,000 after purchasing an additional 894 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in shares of STAG Industrial in the 4th quarter worth about $470,000. Hedge funds and other institutional investors own 88.67% of the company’s stock.

Insider Activity at STAG Industrial

In other STAG Industrial news, Director Benjamin S. Butcher sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $35.10, for a total value of $1,755,000.00. Following the completion of the sale, the director now directly owns 9,632 shares in the company, valued at $338,083.20. This trade represents a 83.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.10% of the stock is currently owned by company insiders.

STAG Industrial Trading Up 1.0 %

NYSE:STAG opened at $36.01 on Friday. The firm has a market capitalization of $6.72 billion, a P/E ratio of 34.62 and a beta of 1.09. STAG Industrial, Inc. has a 52 week low of $32.27 and a 52 week high of $41.63. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.86. The company has a fifty day moving average of $34.34 and a 200 day moving average of $36.69.

STAG Industrial (NYSE:STAG) last announced its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, beating 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, research analysts predict that STAG Industrial, Inc. will post 2.47 earnings per share for the current year.

STAG Industrial Increases Dividend

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

Analyst Ratings Changes

Several brokerages have recently commented on STAG. Barclays reduced 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. Raymond James lifted 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. Wells Fargo & Company cut their price objective on shares of 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, Royal Bank of Canada decreased their target price 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 four have assigned a buy rating to the stock. According to data from MarketBeat, STAG Industrial currently has an average rating of “Moderate Buy” and a consensus 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.