STORE Capital Co. (NYSE:STOR) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lessened its stake in shares of STORE Capital Co. (NYSE:STOR – Get Rating) by 74.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 16,459 shares of the real estate investment trust’s stock after selling 48,563 shares during the period. Janney Montgomery Scott LLC’s holdings in STORE Capital were worth $516,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of STOR. Cerity Partners LLC lifted its stake in shares of STORE Capital by 13.1% during the 2nd quarter. Cerity Partners LLC now owns 14,967 shares of the real estate investment trust’s stock worth $390,000 after purchasing an additional 1,731 shares during the period. Ritholtz Wealth Management purchased a new position in shares of STORE Capital during the 3rd quarter worth $324,000. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in shares of STORE Capital by 360.5% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,466,195 shares of the real estate investment trust’s stock worth $38,238,000 after purchasing an additional 1,147,812 shares during the period. American International Group Inc. lifted its stake in shares of STORE Capital by 0.4% during the 2nd quarter. American International Group Inc. now owns 417,214 shares of the real estate investment trust’s stock worth $10,881,000 after purchasing an additional 1,498 shares during the period. Finally, CIBC Private Wealth Group LLC raised its position in shares of STORE Capital by 7.9% in the 2nd quarter. CIBC Private Wealth Group LLC now owns 70,038 shares of the real estate investment trust’s stock worth $1,826,000 after buying an additional 5,151 shares during the period. Institutional investors and hedge funds own 81.82% of the company’s stock.

STORE Capital Trading Up 0.1 %

NYSE:STOR opened at $32.16 on Monday. The business’s 50-day moving average is $31.97 and its two-hundred day moving average is $30.35. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.30 and a quick ratio of 0.30. STORE Capital Co. has a 12 month low of $24.48 and a 12 month high of $32.36. The firm has a market capitalization of $9.09 billion, a PE ratio of 27.72 and a beta of 0.91.

Analysts Set New Price Targets

Several research analysts recently weighed in on STOR shares. Morgan Stanley increased their target price on STORE Capital from $25.00 to $26.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 2nd. StockNews.com started coverage on STORE Capital in a research report on Wednesday, October 12th. They issued a “hold” rating on the stock. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. Based on data from MarketBeat.com, STORE Capital presently has an average rating of “Hold” and a consensus price target of $29.89.

STORE Capital Profile

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STORE Capital Corporation is an internally managed net-lease real estate investment trust, or REIT, that is the leader in the acquisition, investment and management of Single Tenant Operational Real Estate, which is its target market and the inspiration for its name. STORE Capital is one of the largest and fastest growing net-lease REITs and owns a large, well-diversified portfolio that consists of investments in more than 2,500 property locations across the United States, substantially all of which are profit centers.