Ladenburg Thalmann Financial Services Inc. boosted its holdings in Store Capital Corp (NYSE:STOR) by 61.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,840 shares of the real estate investment trust’s stock after acquiring an additional 3,378 shares during the period. Ladenburg Thalmann Financial Services Inc.’s holdings in Store Capital were worth $220,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Public Employees Retirement Association of Colorado lifted its stake in Store Capital by 12.1% during the second quarter. Public Employees Retirement Association of Colorado now owns 5,363 shares of the real estate investment trust’s stock worth $120,000 after purchasing an additional 580 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its stake in Store Capital by 1.3% during the second quarter. Schwab Charles Investment Management Inc. now owns 737,597 shares of the real estate investment trust’s stock worth $16,560,000 after purchasing an additional 9,707 shares in the last quarter. Rhumbline Advisers lifted its stake in Store Capital by 2.8% during the second quarter. Rhumbline Advisers now owns 180,901 shares of the real estate investment trust’s stock worth $4,061,000 after purchasing an additional 4,867 shares in the last quarter. SG Americas Securities LLC lifted its stake in Store Capital by 12.1% during the second quarter. SG Americas Securities LLC now owns 9,607 shares of the real estate investment trust’s stock worth $216,000 after purchasing an additional 1,040 shares in the last quarter. Finally, Legal & General Group Plc lifted its stake in Store Capital by 16.9% during the second quarter. Legal & General Group Plc now owns 449,921 shares of the real estate investment trust’s stock worth $10,100,000 after purchasing an additional 65,189 shares in the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

Shares of Store Capital Corp (NYSE:STOR) opened at $26.04 on Friday. Store Capital Corp has a 12-month low of $19.65 and a 12-month high of $26.58. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.57 and a current ratio of 0.57. The firm has a market capitalization of $4,946.11, a price-to-earnings ratio of 29.26, a PEG ratio of 3.26 and a beta of 0.24.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 4.76%. The ex-dividend date is Thursday, December 28th. Store Capital’s dividend payout ratio is currently 139.33%.

A number of research analysts have commented on the company. BidaskClub upgraded Store Capital from a “hold” rating to a “buy” rating in a research note on Tuesday, October 17th. B. Riley set a $26.00 price target on Store Capital and gave the stock a “hold” rating in a research note on Wednesday, November 15th. Ladenburg Thalmann Financial Services restated a “hold” rating on shares of Store Capital in a research note on Monday, November 6th. Zacks Investment Research upgraded Store Capital from a “sell” rating to a “hold” rating in a research note on Saturday, October 14th. Finally, Stifel Nicolaus upped their price target on Store Capital from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target 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.

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

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