57,461 Shares in STAG Industrial, Inc. (NYSE:STAG) Purchased by Sophron Capital Management L.P.

Sophron Capital Management L.P. acquired a new stake in STAG Industrial, Inc. (NYSE:STAG - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 57,461 shares of the real estate investment trust's stock, valued at approximately $1,943,000.

Several other institutional investors have also recently bought and sold shares of the business. Squarepoint Ops LLC increased its stake in shares of STAG Industrial by 15.4% in the 4th quarter. Squarepoint Ops LLC now owns 43,448 shares of the real estate investment trust's stock valued at $1,469,000 after buying an additional 5,804 shares during the period. Tidal Investments LLC increased its stake in shares of STAG Industrial by 248.3% in the 4th quarter. Tidal Investments LLC now owns 18,517 shares of the real estate investment trust's stock valued at $626,000 after buying an additional 13,201 shares during the period. Sherbrooke Park Advisers LLC acquired a new stake in shares of STAG Industrial in the 4th quarter valued at $584,000. Royal Bank of Canada increased its stake in shares of STAG Industrial by 1.5% in the 4th quarter. Royal Bank of Canada now owns 434,185 shares of the real estate investment trust's stock valued at $14,685,000 after buying an additional 6,226 shares during the period. Finally, Point72 Asset Management L.P. increased its stake in shares of STAG Industrial by 247.9% in the 4th quarter. Point72 Asset Management L.P. now owns 10,088 shares of the real estate investment trust's stock valued at $341,000 after buying an additional 7,188 shares during the period. Institutional investors own 88.67% of the company's stock.

Analysts Set New Price Targets

STAG has been the subject of a number of analyst reports. Robert W. Baird decreased 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. Royal Bank of Canada reiterated a "sector perform" rating and set a $38.00 price objective on shares of STAG Industrial in a report on Monday. Barclays lowered their target price on STAG Industrial from $40.00 to $37.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 28th. Finally, Raymond James lifted their price target on shares of STAG Industrial from $36.00 to $38.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. 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 stock presently has an average rating of "Hold" and an average price target of $39.63.

STAG Industrial Stock Down 0.4%

Shares of STAG stock traded down $0.14 on Thursday, hitting $34.26. 1,046,591 shares of the stock were exchanged, compared to its average volume of 1,226,332. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $6.39 billion, a P/E ratio of 32.94 and a beta of 0.93. The business has a 50-day moving average of $33.79 and a 200 day moving average of $34.76. STAG Industrial, Inc. has a fifty-two week low of $28.61 and a fifty-two week high of $41.63.

STAG Industrial (NYSE:STAG - Get Free Report) last released its 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 business had revenue of $205.57 million for the quarter, compared to analyst estimates of $202.04 million. During the same quarter in the prior year, the company posted $0.59 earnings per share. STAG Industrial's revenue was up 9.7% on a year-over-year basis. Equities analysts anticipate that STAG Industrial, Inc. will post 2.47 EPS for the current year.

STAG Industrial Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a dividend of $0.1242 per share. The ex-dividend date is Monday, June 30th. This represents a $1.49 annualized dividend and a yield of 4.35%. STAG Industrial's payout ratio is presently 112.03%.

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.