Legal & General Group Plc increased its position in shares of STORE Capital Corporation (NYSE:STOR) by 10.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 497,755 shares of the real estate investment trust’s stock after buying an additional 47,834 shares during the period. Legal & General Group Plc owned about 0.26% of STORE Capital worth $12,379,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Penserra Capital Management LLC boosted its holdings in shares of STORE Capital by 19.9% in the 2nd quarter. Penserra Capital Management LLC now owns 4,530 shares of the real estate investment trust’s stock valued at $101,000 after buying an additional 752 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of STORE Capital by 8.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,356 shares of the real estate investment trust’s stock valued at $120,000 after buying an additional 409 shares during the period. Public Employees Retirement Association of Colorado boosted its holdings in shares of STORE Capital by 12.1% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 5,363 shares of the real estate investment trust’s stock valued at $120,000 after buying an additional 580 shares during the period. TCI Wealth Advisors Inc. boosted its holdings in shares of STORE Capital by 14.0% in the 2nd quarter. TCI Wealth Advisors Inc. now owns 6,164 shares of the real estate investment trust’s stock valued at $138,000 after buying an additional 759 shares during the period. Finally, Ffcm LLC boosted its holdings in shares of STORE Capital by 304.0% in the 2nd quarter. Ffcm LLC now owns 7,418 shares of the real estate investment trust’s stock valued at $171,000 after buying an additional 5,582 shares during the period. 95.68% of the stock is owned by institutional investors.

A number of research firms have issued reports on STOR. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of STORE Capital in a research note on Monday, November 6th. B. Riley set a $26.00 target price on shares of STORE Capital and gave the company a “hold” rating in a research note on Wednesday, November 15th. Mizuho raised shares of STORE Capital from a “neutral” rating to a “buy” rating and boosted their target price for the company from $23.50 to $27.00 in a research note on Thursday, August 31st. Zacks Investment Research lowered shares of STORE Capital from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. Finally, BidaskClub lowered shares of STORE Capital from a “hold” rating to a “sell” rating in a research note on Sunday, October 29th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the company. STORE Capital presently has an average rating of “Hold” and an average target price of $27.00.

STORE Capital Corporation (NYSE:STOR) traded down $0.07 during mid-day trading on Tuesday, hitting $25.74. 538,500 shares of the company’s stock were exchanged, compared to its average volume of 1,747,531. STORE Capital Corporation has a one year low of $19.65 and a one year high of $26.58. The company has a market cap of $4,904.31, a P/E ratio of 15.18, a price-to-earnings-growth ratio of 3.21 and a beta of 0.24. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.57 and a quick ratio of 0.57.

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About STORE Capital

STORE Capital Corporation is an internally managed net-lease real estate investment trust. The Company is engaged in the acquisition, investment and management of single tenant operational real estate (STORE) properties. As of December 31, 2016, the Company owned a portfolio that consisted of investments in 1,660 property locations operated by 360 customers across 48 states.

Institutional Ownership by Quarter for STORE Capital (NYSE:STOR)

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