Sei Investments Co. reduced its position in STORE Capital Corporation (NYSE:STOR) by 18.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 482,332 shares of the real estate investment trust’s stock after selling 112,679 shares during the quarter. Sei Investments Co. owned approximately 0.25% of STORE Capital Corporation worth $11,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of STOR. Berkshire Hathaway Inc. bought a new position in shares of STORE Capital Corporation in the second quarter worth approximately $418,057,000. CI Global Investments Inc. boosted its position in shares of STORE Capital Corporation by 154.8% in the second quarter. CI Global Investments Inc. now owns 12,744,954 shares of the real estate investment trust’s stock worth $286,124,000 after purchasing an additional 7,743,682 shares during the period. Cbre Clarion Securities LLC boosted its position in shares of STORE Capital Corporation by 272.6% in the second quarter. Cbre Clarion Securities LLC now owns 4,890,472 shares of the real estate investment trust’s stock worth $109,791,000 after purchasing an additional 3,577,846 shares during the period. Principal Financial Group Inc. boosted its position in shares of STORE Capital Corporation by 22.0% in the second quarter. Principal Financial Group Inc. now owns 12,138,830 shares of the real estate investment trust’s stock worth $272,516,000 after purchasing an additional 2,189,912 shares during the period. Finally, BlackRock Inc. boosted its position in shares of STORE Capital Corporation by 11.4% in the second quarter. BlackRock Inc. now owns 11,315,101 shares of the real estate investment trust’s stock worth $254,025,000 after purchasing an additional 1,162,257 shares during the period. Institutional investors and hedge funds own 97.33% of the company’s stock.

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Shares of STORE Capital Corporation (NYSE:STOR) opened at $26.25 on Friday. The stock has a market cap of $4,987.92, a price-to-earnings ratio of 15.44, a P/E/G ratio of 3.25 and a beta of 0.22. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.57 and a current ratio of 0.57. STORE Capital Corporation has a 12 month low of $19.65 and a 12 month high of $26.35.

A number of equities analysts have weighed in on the stock. B. Riley set a $26.00 price target on shares of STORE Capital Corporation and gave the stock a “hold” rating in a research report on Wednesday. Zacks Investment Research downgraded shares of STORE Capital Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. BidaskClub raised shares of STORE Capital Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, November 7th. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of STORE Capital Corporation in a report on Monday, November 6th. Finally, SunTrust Banks, Inc. reissued a “buy” rating and issued a $25.00 target price on shares of STORE Capital Corporation in a report on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the stock. STORE Capital Corporation has an average rating of “Hold” and an average target price of $27.00.

About STORE Capital Corporation

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 Corporation (NYSE:STOR)

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