Macquarie Group Ltd. decreased its holdings in STORE Capital Corporation (NYSE:STOR) by 26.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 55,000 shares of the real estate investment trust’s stock after selling 19,300 shares during the quarter. Macquarie Group Ltd.’s holdings in STORE Capital were worth $1,368,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in STOR. Vanguard Group Inc. lifted its position in shares of STORE Capital by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 26,355,624 shares of the real estate investment trust’s stock worth $591,684,000 after buying an additional 220,040 shares in the last quarter. Berkshire Hathaway Inc. bought a new position in shares of STORE Capital during the 2nd quarter worth approximately $418,057,000. CI Global Investments Inc. lifted its position in shares of STORE Capital by 154.8% during the 2nd quarter. CI Global Investments Inc. now owns 12,744,954 shares of the real estate investment trust’s stock worth $286,124,000 after buying an additional 7,743,682 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of STORE Capital by 22.0% during the 2nd quarter. Principal Financial Group Inc. now owns 12,138,830 shares of the real estate investment trust’s stock worth $272,516,000 after buying an additional 2,189,912 shares in the last quarter. Finally, BlackRock Inc. lifted its position in shares of STORE Capital by 11.4% during the 2nd quarter. BlackRock Inc. now owns 11,315,101 shares of the real estate investment trust’s stock worth $254,025,000 after buying an additional 1,162,257 shares in the last quarter. 95.68% of the stock is currently owned by institutional investors and hedge funds.

STORE Capital Corporation (NYSE STOR) traded up $0.15 during trading hours on Friday, hitting $25.65. 816,600 shares of the company were exchanged, compared to its average volume of 1,756,651. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.57 and a quick ratio of 0.57. The company has a market cap of $4,870.00, a PE ratio of 15.00, a PEG ratio of 3.17 and a beta of 0.24. STORE Capital Corporation has a 52 week low of $19.65 and a 52 week high of $26.58.

Several equities analysts have commented on STOR shares. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of STORE Capital in a research report on Monday, November 6th. Mizuho raised shares of STORE Capital from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $23.50 to $27.00 in a report on Thursday, August 31st. B. Riley set a $26.00 price target on shares of STORE Capital and gave the stock a “hold” rating in a report on Wednesday, November 15th. Zacks Investment Research cut shares of STORE Capital from a “buy” rating to a “hold” rating in a report on Wednesday, November 1st. Finally, BidaskClub cut shares of STORE Capital from a “hold” rating to a “sell” rating in a report on Sunday, October 29th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the company’s stock. STORE Capital has a consensus rating of “Hold” and a consensus target price of $27.00.

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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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