43,966 Shares in STAG Industrial, Inc. (NYSE:STAG) Bought by Nomura Holdings Inc.

Nomura Holdings Inc. purchased a new stake in STAG Industrial, Inc. (NYSE:STAG - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 43,966 shares of the real estate investment trust's stock, valued at approximately $1,487,000.

A number of other institutional investors also recently modified their holdings of STAG. Sugar Maple Asset Management LLC bought a new stake in shares of STAG Industrial during the 4th quarter worth approximately $43,000. Quarry LP acquired a new stake in STAG Industrial in the 4th quarter valued at about $62,000. Principal Securities Inc. lifted its stake in 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 valued at $101,000 after purchasing an additional 510 shares during the last quarter. Aew Capital Management L P grew its holdings in 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 worth $108,000 after purchasing an additional 1,100 shares during the period. Finally, Venturi Wealth Management LLC acquired a new position in STAG Industrial during the fourth quarter worth approximately $109,000. 88.67% of the stock is currently owned by institutional investors.

STAG Industrial Trading Down 0.7%

Shares of NYSE STAG traded down $0.24 during trading on Tuesday, reaching $35.58. The company had a trading volume of 1,532,426 shares, compared to its average volume of 1,223,544. The stock has a market cap of $6.64 billion, a P/E ratio of 34.21 and a beta of 0.93. The company's fifty day moving average price is $33.81 and its 200-day moving average price is $34.76. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.86. STAG Industrial, Inc. has a 12 month low of $28.61 and a 12 month high of $41.63.

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

STAG Industrial Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be given a dividend of $0.1242 per share. The ex-dividend date is Monday, June 30th. This represents a $1.49 annualized dividend and a dividend yield of 4.19%. STAG Industrial's payout ratio is 112.03%.

Analysts Set New Price Targets

STAG has been the topic of several research reports. Raymond James upped their price objective on shares of STAG Industrial from $36.00 to $38.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. Royal Bank of Canada reissued a "sector perform" rating and issued a $38.00 price target on shares of STAG Industrial in a report on Monday. Robert W. Baird reduced their price objective on STAG Industrial from $39.00 to $38.00 and set a "neutral" rating for the company in a report on Wednesday, May 7th. Finally, Barclays decreased their target price 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. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $39.63.

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.