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

Dimensional Fund Advisors LP raised its holdings in STAG Industrial, Inc. (NYSE:STAG) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,660,590 shares of the real estate investment trust’s stock after acquiring an additional 39,739 shares during the quarter. Dimensional Fund Advisors LP owned 1.47% of STAG Industrial worth $104,456,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in STAG. Fifth Third Bancorp raised its holdings in STAG Industrial by 31.4% during the 4th quarter. Fifth Third Bancorp now owns 1,189 shares of the real estate investment trust’s stock worth $47,000 after buying an additional 284 shares during the period. Ipswich Investment Management Co. Inc. raised its holdings in shares of STAG Industrial by 1.5% during the third quarter. Ipswich Investment Management Co. Inc. now owns 20,886 shares of the real estate investment trust’s stock valued at $721,000 after acquiring an additional 300 shares during the period. Verdence Capital Advisors LLC lifted its position in shares of STAG Industrial by 3.6% in the 4th quarter. Verdence Capital Advisors LLC now owns 8,670 shares of the real estate investment trust’s stock valued at $340,000 after acquiring an additional 301 shares in the last quarter. Metis Global Partners LLC lifted its position in shares of STAG Industrial by 3.0% in the 3rd quarter. Metis Global Partners LLC now owns 10,534 shares of the real estate investment trust’s stock valued at $364,000 after acquiring an additional 311 shares in the last quarter. Finally, Cornercap Investment Counsel Inc. grew its position in STAG Industrial by 1.2% during the 4th quarter. Cornercap Investment Counsel Inc. now owns 27,263 shares of the real estate investment trust’s stock worth $1,070,000 after purchasing an additional 324 shares in the last quarter. Institutional investors own 88.67% of the company’s stock.

STAG Industrial Stock Down 0.6 %

STAG stock opened at $35.96 on Wednesday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 0.78. The firm has a market cap of $6.55 billion, a PE ratio of 35.96, a PEG ratio of 5.39 and a beta of 1.05. STAG Industrial, Inc. has a 1 year low of $31.69 and a 1 year high of $39.61. The company has a fifty day simple moving average of $36.39 and a 200 day simple moving average of $37.07.

STAG Industrial Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be paid a $0.1233 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date is Friday, June 28th. STAG Industrial’s payout ratio is 148.00%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on STAG. BMO Capital Markets reiterated an “outperform” rating and set a $42.00 price target (up previously from $41.00) on shares of STAG Industrial in a report on Monday, April 8th. Barclays initiated coverage on STAG Industrial in a 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 raised their price target on shares of STAG Industrial from $39.00 to $40.00 and gave the stock a “sector perform” rating in a report on Friday, February 16th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $39.13.

STAG Industrial Profile

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.