Susquehanna Fundamental Investments LLC Buys Shares of 108,599 STAG Industrial, Inc. (NYSE:STAG)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of STAG Industrial, Inc. (NYSE:STAG - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 108,599 shares of the real estate investment trust's stock, valued at approximately $3,673,000. Susquehanna Fundamental Investments LLC owned about 0.06% of STAG Industrial at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of STAG. Oregon Public Employees Retirement Fund boosted its position in shares of STAG Industrial by 0.8% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 37,131 shares of the real estate investment trust's stock worth $1,256,000 after buying an additional 300 shares during the period. Values First Advisors Inc. lifted its stake in STAG Industrial by 2.2% in the 4th quarter. Values First Advisors Inc. now owns 14,562 shares of the real estate investment trust's stock valued at $492,000 after acquiring an additional 307 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its position in STAG Industrial by 3.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 12,025 shares of the real estate investment trust's stock worth $407,000 after acquiring an additional 347 shares during the last quarter. Peak Financial Advisors LLC grew its stake in shares of STAG Industrial by 3.0% during the 4th quarter. Peak Financial Advisors LLC now owns 12,415 shares of the real estate investment trust's stock worth $420,000 after acquiring an additional 356 shares in the last quarter. Finally, Hilltop National Bank raised its holdings in shares of STAG Industrial by 19.2% in the fourth quarter. Hilltop National Bank now owns 2,243 shares of the real estate investment trust's stock valued at $76,000 after purchasing an additional 362 shares during the last quarter. Institutional investors and hedge funds own 88.67% of the company's stock.

Analyst Ratings Changes

A number of research firms recently weighed in on STAG. Royal Bank of Canada decreased their target price on shares of STAG Industrial from $40.00 to $38.00 and set a "sector perform" rating for the company in a research report on Monday, January 27th. Raymond James dropped their target price on STAG Industrial from $40.00 to $36.00 and set an "outperform" rating on the stock in a report on Monday, April 14th. Finally, Barclays lowered their price target 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. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $39.57.

STAG Industrial Stock Performance

Shares of STAG stock traded up $0.07 during midday trading on Thursday, hitting $33.10. 1,152,356 shares of the company were exchanged, compared to its average volume of 1,194,389. The firm has a market capitalization of $6.18 billion, a P/E ratio of 31.82 and a beta of 0.96. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.36 and a current ratio of 1.36. STAG Industrial, Inc. has a 52 week low of $28.61 and a 52 week high of $41.63. The firm's 50 day moving average price is $34.19 and its two-hundred day moving average price is $35.05.

STAG Industrial (NYSE:STAG - Get Free Report) last posted 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 company had revenue of $205.57 million for the quarter, compared to the consensus estimate 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 for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.59 earnings per share. As a group, equities research analysts anticipate that STAG Industrial, Inc. will post 2.47 earnings per share for the current year.

STAG Industrial Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a $0.1242 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.49 dividend on an annualized basis and a dividend yield of 4.50%. STAG Industrial's payout ratio is presently 143.27%.

Insider Activity at STAG Industrial

In related news, Director Benjamin S. Butcher sold 50,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $35.10, for a total transaction of $1,755,000.00. Following the sale, the director now owns 9,632 shares of the company's stock, valued at $338,083.20. This represents a 83.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.10% of the stock is currently owned by corporate insiders.

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.