Signaturefd LLC Acquires 636 Shares of STAG Industrial, Inc. (NYSE:STAG)

Signaturefd LLC increased its holdings in STAG Industrial, Inc. (NYSE:STAG) by 27.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,995 shares of the real estate investment trust’s stock after acquiring an additional 636 shares during the period. Signaturefd LLC’s holdings in STAG Industrial were worth $117,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of STAG Industrial by 0.7% in the first quarter. Vanguard Group Inc. now owns 26,237,263 shares of the real estate investment trust’s stock valued at $1,008,560,000 after acquiring an additional 176,332 shares in the last quarter. Earnest Partners LLC grew its holdings in STAG Industrial by 2.2% during the second quarter. Earnest Partners LLC now owns 3,652,984 shares of the real estate investment trust’s stock valued at $131,727,000 after purchasing an additional 78,189 shares during the period. Dimensional Fund Advisors LP grew its holdings in STAG Industrial by 6.2% during the second quarter. Dimensional Fund Advisors LP now owns 2,865,673 shares of the real estate investment trust’s stock valued at $103,333,000 after purchasing an additional 167,532 shares during the period. Boston Trust Walden Corp grew its holdings in STAG Industrial by 1.0% during the second quarter. Boston Trust Walden Corp now owns 2,552,752 shares of the real estate investment trust’s stock valued at $92,052,000 after purchasing an additional 25,779 shares during the period. Finally, Vaughan Nelson Investment Management L.P. grew its holdings in STAG Industrial by 7.0% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,776,042 shares of the real estate investment trust’s stock valued at $64,045,000 after purchasing an additional 115,480 shares during the period. 88.67% of the stock is owned by institutional investors.

Insider Buying and Selling

In other STAG Industrial news, Director Benjamin S. Butcher sold 34,000 shares of the firm’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $40.78, for a total transaction of $1,386,520.00. Following the sale, the director now owns 8,758 shares in the company, valued at $357,151.24. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.10% of the stock is currently owned by company insiders.

STAG Industrial Trading Up 1.2 %

Shares of STAG stock opened at $37.50 on Tuesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.60 and a current ratio of 1.60. STAG Industrial, Inc. has a 52-week low of $31.95 and a 52-week high of $41.63. The company has a market capitalization of $6.83 billion, a PE ratio of 36.06 and a beta of 1.09. The business’s fifty day moving average is $38.98 and its 200 day moving average is $37.43.

STAG Industrial Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a $0.1233 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.95%. STAG Industrial’s dividend payout ratio (DPR) is presently 142.31%.

Analyst Ratings Changes

STAG has been the subject of several research reports. Evercore ISI increased their price objective on STAG Industrial from $43.00 to $44.00 and gave the company an “outperform” rating in a report on Wednesday, August 28th. Barclays cut their price target on STAG Industrial from $42.00 to $40.00 and set an “equal weight” rating for the company in a report on Monday. Wells Fargo & Company raised their price target on STAG Industrial from $37.00 to $41.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 28th. Finally, Wedbush raised their price target on STAG Industrial from $44.00 to $45.00 and gave the stock an “outperform” rating in a report on Monday, August 5th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, STAG Industrial has a consensus rating of “Hold” and an average price target of $41.00.

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.