46,696 Shares in Stag Industrial, Inc. (NYSE:STAG) Acquired by Vanderbilt University

Vanderbilt University acquired a new position in Stag Industrial, Inc. (NYSE:STAG - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 46,696 shares of the real estate investment trust's stock, valued at approximately $1,687,000.

Other institutional investors also recently modified their holdings of the company. Versant Capital Management Inc grew its position in Stag Industrial by 204.9% during the first quarter. Versant Capital Management Inc now owns 753 shares of the real estate investment trust's stock valued at $27,000 after acquiring an additional 506 shares during the last quarter. Quarry LP bought a new position in Stag Industrial during the fourth quarter valued at approximately $62,000. UMB Bank n.a. grew its position in Stag Industrial by 175.3% during the first quarter. UMB Bank n.a. now owns 2,907 shares of the real estate investment trust's stock valued at $105,000 after acquiring an additional 1,851 shares during the last quarter. Principal Securities Inc. grew its position in Stag Industrial by 20.7% during 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 last quarter. Finally, Aew Capital Management L P boosted its stake in shares of Stag Industrial by 52.4% during 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 purchasing an additional 1,100 shares during the period. 88.67% of the stock is currently owned by institutional investors.

Stag Industrial Stock Performance

Shares of STAG stock opened at $36.30 on Friday. The stock has a fifty day moving average of $34.59 and a 200 day moving average of $34.62. Stag Industrial, Inc. has a 52 week low of $28.61 and a 52 week high of $41.63. The firm has a market capitalization of $6.77 billion, a price-to-earnings ratio of 27.29 and a beta of 0.94. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.86.

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 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.01. Stag Industrial had a return on equity of 7.04% and a net margin of 31.05%. The company had revenue of $205.57 million during the quarter, compared to analyst estimates of $202.04 million. During the same quarter last year, the firm posted $0.59 earnings per share. The firm's revenue was up 9.7% on a year-over-year basis. As a group, research analysts expect that Stag Industrial, Inc. will post 2.47 earnings per share for the current year.

Stag Industrial Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were paid a $0.1242 dividend. This represents a yield of 4.37%. The ex-dividend date of this dividend was Friday, May 30th. Stag Industrial's payout ratio is 112.03%.

Analysts Set New Price Targets

STAG has been the subject of a number of analyst reports. Royal Bank Of Canada reissued a "sector perform" rating and set a $38.00 price objective on shares of Stag Industrial in a research note on Monday, May 19th. Raymond James Financial increased their price objective on Stag Industrial from $36.00 to $38.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. Finally, Robert W. Baird dropped their price objective on Stag Industrial from $39.00 to $38.00 and set a "neutral" rating for the company in a research note on Wednesday, May 7th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $39.71.

Insider Buying and Selling

In other Stag Industrial news, Director Benjamin S. Butcher sold 28,843 shares of the stock in a transaction on Friday, June 6th. The stock was sold at an average price of $36.90, for a total value of $1,064,306.70. Following the completion of the transaction, the director now owns 7,115 shares in the company, valued at approximately $262,543.50. This represents a 80.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.10% of the stock is currently owned by insiders.

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.

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