STAG Industrial, Inc. (NYSE:STAG) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its position in STAG Industrial, Inc. (NYSE:STAG - Free Report) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,660,590 shares of the real estate investment trust's stock after purchasing an additional 39,739 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.47% of STAG Industrial worth $104,456,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in STAG. Spire Wealth Management grew its stake in shares of STAG Industrial by 124.1% during the fourth quarter. Spire Wealth Management now owns 688 shares of the real estate investment trust's stock worth $26,000 after acquiring an additional 381 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of STAG Industrial by 121.3% during the third quarter. Fifth Third Bancorp now owns 905 shares of the real estate investment trust's stock worth $31,000 after acquiring an additional 496 shares during the last quarter. HHM Wealth Advisors LLC purchased a new stake in shares of STAG Industrial during the fourth quarter worth about $31,000. Rational Advisors LLC purchased a new stake in shares of STAG Industrial during the third quarter worth about $42,000. Finally, Sound Income Strategies LLC grew its stake in shares of STAG Industrial by 35.5% during the fourth quarter. Sound Income Strategies LLC now owns 1,363 shares of the real estate investment trust's stock worth $54,000 after acquiring an additional 357 shares during the last quarter. 88.67% of the stock is currently owned by institutional investors.

STAG Industrial Stock Performance

STAG Industrial stock traded up $0.02 during mid-day trading on Wednesday, hitting $35.98. The company had a trading volume of 755,666 shares, compared to its average volume of 1,122,378. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.78. STAG Industrial, Inc. has a 12-month low of $31.69 and a 12-month high of $39.61. The company's fifty day moving average is $36.35 and its 200-day moving average is $37.06. The company has a market capitalization of $6.55 billion, a price-to-earnings ratio of 35.98, a P/E/G ratio of 5.39 and a beta of 1.05.

STAG Industrial Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be given a $0.1233 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $1.48 annualized dividend and a yield of 4.11%. STAG Industrial's dividend payout ratio is presently 148.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. BMO Capital Markets reiterated an "outperform" rating and issued a $42.00 target price (up previously from $41.00) on shares of STAG Industrial in a research report on Monday, April 8th. Barclays assumed coverage on STAG Industrial in a research report on Wednesday, March 27th. They issued an "equal weight" rating and a $40.00 target price on the stock. Finally, Royal Bank of Canada upped their target price on STAG Industrial from $39.00 to $40.00 and gave the company a "sector perform" rating in a research report on Friday, February 16th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $39.13.

About STAG Industrial

We are a REIT focused on the acquisition, ownership, and operation of industrial properties throughout the United States. Our platform is designed to (i) identify properties for acquisition that offer relative value across CBRE-EA Tier 1 industrial real estate markets, industries, and tenants through the principled application of our proprietary risk assessment model, (ii) provide growth through sophisticated industrial operation and an attractive opportunity set, and (iii) capitalize our business appropriately given the characteristics of our assets.