Inceptionr LLC Purchases 20,714 Shares of Stag Industrial, Inc. $STAG

Inceptionr LLC boosted its position in shares of Stag Industrial, Inc. (NYSE:STAG) by 270.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,365 shares of the real estate investment trust’s stock after purchasing an additional 20,714 shares during the quarter. Inceptionr LLC’s holdings in Stag Industrial were worth $1,023,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Clearstead Advisors LLC grew its position in shares of Stag Industrial by 193.6% during the 4th quarter. Clearstead Advisors LLC now owns 731 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 482 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of Stag Industrial during the third quarter valued at $27,000. International Assets Investment Management LLC bought a new stake in shares of Stag Industrial in the fourth quarter valued at about $51,000. EverSource Wealth Advisors LLC raised its holdings in shares of Stag Industrial by 270.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,436 shares of the real estate investment trust’s stock valued at $52,000 after acquiring an additional 1,048 shares in the last quarter. Finally, Root Financial Partners LLC lifted its stake in Stag Industrial by 32.9% in the fourth quarter. Root Financial Partners LLC now owns 1,603 shares of the real estate investment trust’s stock worth $59,000 after acquiring an additional 397 shares during the period. 88.67% of the stock is owned by institutional investors.

Stag Industrial Trading Up 1.5%

Shares of NYSE STAG opened at $41.11 on Friday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.57 and a quick ratio of 1.57. The stock has a market capitalization of $7.86 billion, a P/E ratio of 31.87 and a beta of 0.97. Stag Industrial, Inc. has a 1-year low of $33.72 and a 1-year high of $42.61. The business has a fifty day moving average price of $38.74 and a 200 day moving average price of $38.30.

Stag Industrial (NYSE:STAG) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.09. Stag Industrial had a return on equity of 6.80% and a net margin of 28.25%.The company had revenue of $224.21 million for the quarter, compared to the consensus estimate of $221.51 million. During the same quarter last year, the company earned $0.61 earnings per share. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. Equities research analysts expect that Stag Industrial, Inc. will post 2.64 EPS for the current fiscal year.

Stag Industrial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.3875 dividend. This represents a $1.55 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Tuesday, June 30th. Stag Industrial’s dividend payout ratio (DPR) is currently 120.16%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Barclays increased their target price on shares of Stag Industrial from $38.00 to $41.00 and gave the stock an “underweight” rating in a report on Thursday, July 16th. Evercore restated an “outperform” rating and issued a $44.00 price target on shares of Stag Industrial in a report on Wednesday, April 29th. Raymond James Financial initiated coverage on shares of Stag Industrial in a research report on Wednesday, June 17th. They issued an “outperform” rating and a $44.00 price target for the company. Weiss Ratings cut shares of Stag Industrial from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Finally, Wells Fargo & Company dropped their price objective on shares of Stag Industrial from $41.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Monday, June 1st. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Stag Industrial presently has a consensus rating of “Hold” and an average target price of $40.70.

Stag Industrial Profile

Stag Industrial, Inc is a real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of single-tenant industrial properties throughout the United States. The company’s portfolio is focused on free-standing warehouses, distribution centers and light manufacturing facilities designed to meet the logistical needs of a diverse tenant base. By concentrating on properties with straightforward layouts and minimal common-area maintenance, Stag Industrial seeks to deliver stable rental income and attractive risk-adjusted returns for its shareholders.

Since its founding in 2010 and initial public offering in 2011, Stag Industrial has pursued a disciplined investment strategy centered on high-quality, well-located assets.