16,052 Shares in STAG Industrial, Inc. (NYSE:STAG) Bought by 111 Capital

111 Capital bought a new stake in STAG Industrial, Inc. (NYSE:STAG - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 16,052 shares of the real estate investment trust's stock, valued at approximately $543,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quarry LP acquired a new position in STAG Industrial in the fourth quarter valued at approximately $62,000. Principal Securities Inc. boosted its stake in STAG Industrial by 20.7% in the fourth quarter. Principal Securities Inc. now owns 2,977 shares of the real estate investment trust's stock valued at $101,000 after acquiring an additional 510 shares during the period. Aew Capital Management L P boosted its stake in STAG Industrial by 52.4% in the fourth quarter. Aew Capital Management L P now owns 3,200 shares of the real estate investment trust's stock valued at $108,000 after acquiring an additional 1,100 shares during the period. Venturi Wealth Management LLC acquired a new position in STAG Industrial in the fourth quarter valued at approximately $109,000. Finally, GF Fund Management CO. LTD. bought a new stake in shares of STAG Industrial during the fourth quarter valued at approximately $112,000. 88.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

STAG has been the topic of a number of recent analyst reports. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $38.00 price target on shares of STAG Industrial in a report on Monday, May 19th. Raymond James lifted their price target on STAG Industrial from $36.00 to $38.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. Finally, Robert W. Baird dropped their target price on STAG Industrial from $39.00 to $38.00 and set a "neutral" rating on the stock in a report on Wednesday, May 7th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $39.63.

STAG Industrial Price Performance

Shares of NYSE STAG traded up $0.43 during trading on Monday, hitting $36.01. The company had a trading volume of 1,552,101 shares, compared to its average volume of 1,240,098. The company has a market cap of $6.72 billion, a P/E ratio of 34.63 and a beta of 0.93. STAG Industrial, Inc. has a 52 week low of $28.61 and a 52 week high of $41.63. The business's 50-day moving average is $33.79 and its 200 day moving average is $34.61. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.36 and a current ratio of 1.36.

STAG Industrial (NYSE:STAG - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.01. The firm had revenue of $205.57 million during the quarter, compared to analysts' expectations of $202.04 million. STAG Industrial had a net margin of 24.64% and a return on equity of 5.51%. STAG Industrial's revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.59 earnings per share. Equities research analysts predict that STAG Industrial, Inc. will post 2.47 earnings per share for the current fiscal year.

STAG Industrial Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be issued a $0.1242 dividend. This represents a yield of 4.37%. The ex-dividend date is Friday, May 30th. STAG Industrial's dividend payout ratio is presently 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.