STAG Industrial, Inc. (NYSE:STAG) Stake Raised by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. increased its holdings in STAG Industrial, Inc. (NYSE:STAG - Free Report) by 12.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,059,849 shares of the real estate investment trust's stock after buying an additional 229,455 shares during the period. Vaughan Nelson Investment Management L.P. owned about 1.10% of STAG Industrial worth $74,401,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Asset Management One Co. Ltd. raised its stake in STAG Industrial by 2.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 359,100 shares of the real estate investment trust's stock valued at $12,159,000 after purchasing an additional 8,259 shares during the last quarter. Blue Trust Inc. increased its position in STAG Industrial by 23.7% during the 4th quarter. Blue Trust Inc. now owns 3,909 shares of the real estate investment trust's stock worth $132,000 after purchasing an additional 750 shares in the last quarter. Rhumbline Advisers increased its position in STAG Industrial by 3.0% during the 4th quarter. Rhumbline Advisers now owns 529,046 shares of the real estate investment trust's stock worth $17,892,000 after purchasing an additional 15,198 shares in the last quarter. Congress Asset Management Co. boosted its holdings in STAG Industrial by 10.1% in the 4th quarter. Congress Asset Management Co. now owns 220,929 shares of the real estate investment trust's stock worth $7,472,000 after acquiring an additional 20,327 shares during the period. Finally, Principal Securities Inc. boosted its holdings 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 worth $101,000 after acquiring an additional 510 shares during the period. 88.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at STAG Industrial

In related news, Director Benjamin S. Butcher sold 28,843 shares of STAG Industrial stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $36.90, for a total transaction of $1,064,306.70. Following the sale, the director now directly owns 7,115 shares in the company, valued at $262,543.50. The trade was a 80.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is currently owned by company insiders.

STAG Industrial Stock Performance

Shares of STAG stock traded down $0.30 on Friday, hitting $36.34. 1,495,491 shares of the stock traded hands, compared to its average volume of 1,270,186. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.36 and a quick ratio of 1.36. The company has a market capitalization of $6.78 billion, a PE ratio of 34.94 and a beta of 0.94. STAG Industrial, Inc. has a 1-year low of $28.61 and a 1-year high of $41.63. The company's fifty day moving average is $34.20 and its 200 day moving average is $34.62.

STAG Industrial (NYSE:STAG - Get Free Report) last posted its earnings results on Tuesday, April 29th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.60 by $0.01. The company 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 quarterly revenue was up 9.7% compared to the same quarter last year. During the same period last year, the business posted $0.59 earnings per share. On average, equities research analysts predict that STAG Industrial, Inc. will post 2.47 earnings per share for the current fiscal year.

STAG Industrial Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be paid a $0.1242 dividend. This represents a yield of 4.37%. The ex-dividend date of this dividend is Friday, May 30th. STAG Industrial's payout ratio is 112.03%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Raymond James upped their price target on STAG Industrial from $36.00 to $38.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. Royal Bank of Canada reiterated a "sector perform" rating and set a $38.00 target price on shares of STAG Industrial in a research note on Monday, May 19th. Finally, Robert W. Baird reduced their target price 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 investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, STAG Industrial presently has a consensus rating of "Hold" and an average target price of $39.71.

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.