Dimensional Fund Advisors LP Has $94.60 Million Position in STAG Industrial, Inc. (NYSE:STAG)

Dimensional Fund Advisors LP cut its holdings in STAG Industrial, Inc. (NYSE:STAG - Free Report) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,797,149 shares of the real estate investment trust's stock after selling 28,330 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.54% of STAG Industrial worth $94,600,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Oregon Public Employees Retirement Fund increased its stake in shares of STAG Industrial by 0.8% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 37,131 shares of the real estate investment trust's stock valued at $1,256,000 after buying an additional 300 shares during the period. Values First Advisors Inc. increased its position in STAG Industrial by 2.2% in the fourth quarter. Values First Advisors Inc. now owns 14,562 shares of the real estate investment trust's stock worth $492,000 after purchasing an additional 307 shares during the period. Hennion & Walsh Asset Management Inc. raised its holdings in STAG Industrial by 3.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 12,025 shares of the real estate investment trust's stock worth $407,000 after purchasing an additional 347 shares during the last quarter. Peak Financial Advisors LLC raised its holdings in STAG Industrial by 3.0% during the 4th quarter. Peak Financial Advisors LLC now owns 12,415 shares of the real estate investment trust's stock worth $420,000 after purchasing an additional 356 shares during the last quarter. Finally, Hilltop National Bank lifted its position in STAG Industrial by 19.2% during the 4th 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. 88.67% of the stock is owned by institutional investors.

Insider Buying and Selling at STAG Industrial

In other STAG Industrial news, Director Benjamin S. Butcher sold 50,000 shares of STAG Industrial 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 sale, the director now owns 9,632 shares of the company's stock, valued at $338,083.20. This trade represents a 83.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 1.10% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. 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 note on Monday, January 27th. Barclays cut their price target on STAG Industrial from $40.00 to $37.00 and set an "equal weight" rating on the stock in a research note on Tuesday, January 28th. Finally, Raymond James decreased their price objective on STAG Industrial from $40.00 to $36.00 and set an "outperform" rating for the company in a research note on Monday, April 14th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $39.57.

STAG Industrial Trading Up 2.3 %

Shares of STAG traded up $0.75 during trading hours on Friday, reaching $33.84. The stock had a trading volume of 948,464 shares, compared to its average volume of 1,192,429. The company has a market cap of $6.32 billion, a P/E ratio of 32.54 and a beta of 0.96. STAG Industrial, Inc. has a 52 week low of $28.61 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 firm has a 50-day moving average of $34.15 and a 200 day moving average of $34.97.

STAG Industrial (NYSE:STAG - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.01. STAG Industrial had a return on equity of 5.51% and a net margin of 24.64%. The company had revenue of $205.57 million during the quarter, compared to the consensus estimate of $202.04 million. During the same period in the prior year, the company earned $0.59 earnings per share. The company's revenue for the quarter was up 9.7% compared to the same quarter last year. On average, sell-side analysts expect that STAG Industrial, Inc. will post 2.47 earnings per share for the current fiscal year.

STAG Industrial Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.1242 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.49 annualized dividend and a yield of 4.40%. STAG Industrial's dividend payout ratio (DPR) is currently 112.03%.

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.