STAG Industrial, Inc. (NYSE:STAG) Shares Sold by Means Investment CO. Inc.

Means Investment CO. Inc. trimmed its holdings in STAG Industrial, Inc. (NYSE:STAG) by 8.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,008 shares of the real estate investment trust’s stock after selling 905 shares during the period. Means Investment CO. Inc.’s holdings in STAG Industrial were worth $338,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of STAG. Ibex Wealth Advisors acquired a new position in shares of STAG Industrial during the 4th quarter worth approximately $4,562,000. Hantz Financial Services Inc. boosted its stake in STAG Industrial by 13.9% during the fourth quarter. Hantz Financial Services Inc. now owns 8,898 shares of the real estate investment trust’s stock worth $301,000 after buying an additional 1,085 shares during the last quarter. Vert Asset Management LLC grew its holdings in STAG Industrial by 5.2% in the 4th quarter. Vert Asset Management LLC now owns 79,516 shares of the real estate investment trust’s stock valued at $2,689,000 after buying an additional 3,948 shares in the last quarter. Foundations Investment Advisors LLC increased its stake in shares of STAG Industrial by 15.7% in the 4th quarter. Foundations Investment Advisors LLC now owns 11,405 shares of the real estate investment trust’s stock worth $386,000 after acquiring an additional 1,544 shares during the last quarter. Finally, Mount Yale Investment Advisors LLC raised its holdings in shares of STAG Industrial by 17.3% during the 4th quarter. Mount Yale Investment Advisors LLC now owns 9,262 shares of the real estate investment trust’s stock worth $313,000 after acquiring an additional 1,369 shares during the period. 88.67% of the stock is owned by hedge funds and other institutional investors.

STAG Industrial Price Performance

STAG opened at $34.20 on Monday. The firm has a market cap of $6.23 billion, a price-to-earnings ratio of 34.54 and a beta of 1.09. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.87. The stock’s 50-day moving average price is $34.69 and its 200 day moving average price is $37.31. STAG Industrial, Inc. has a 12-month low of $32.27 and a 12-month high of $41.63.

STAG Industrial Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.1242 dividend. This represents a $1.49 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date of this dividend is Monday, March 31st. STAG Industrial’s dividend payout ratio (DPR) is currently 150.51%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on STAG shares. Raymond James lifted their target price on shares of STAG Industrial from $39.00 to $40.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Wells Fargo & Company decreased their price objective on STAG Industrial from $41.00 to $38.00 and set an “equal weight” rating on the stock in a report on Monday, November 4th. Royal Bank of Canada cut their target price on STAG Industrial from $40.00 to $38.00 and set a “sector perform” rating for the company in a research note on Monday, January 27th. Finally, Barclays decreased their price target on STAG Industrial from $40.00 to $37.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 28th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $40.38.

About STAG Industrial

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.