STORE Capital Corporation (NYSE:STOR) was upgraded by research analysts at Mizuho from a “neutral” rating to a “buy” rating in a research report issued on Thursday.

STOR has been the topic of several other reports. Ladenburg Thalmann Financial Services cut shares of STORE Capital Corporation from a “buy” rating to a “neutral” rating in a report on Wednesday, May 10th. Capital One Financial Corporation reaffirmed a “buy” rating and set a $30.00 target price on shares of STORE Capital Corporation in a report on Friday, June 30th. Stifel Nicolaus lowered their target price on shares of STORE Capital Corporation from $27.50 to $25.50 and set a “buy” rating on the stock in a report on Monday, May 15th. BTIG Research reaffirmed a “buy” rating and set a $28.00 target price on shares of STORE Capital Corporation in a report on Friday, June 30th. Finally, Zacks Investment Research raised shares of STORE Capital Corporation from a “strong sell” rating to a “hold” rating in a report on Tuesday. Six equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $27.32.

STORE Capital Corporation (STOR) opened at 25.08 on Thursday. STORE Capital Corporation has a 12-month low of $19.65 and a 12-month high of $30.65. The firm’s 50-day moving average price is $23.73 and its 200-day moving average price is $23.03. The company has a market cap of $4.76 billion, a P/E ratio of 25.28 and a beta of 0.25.

STORE Capital Corporation (NYSE:STOR) last announced its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.35 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by $0.07. STORE Capital Corporation had a return on equity of 5.98% and a net margin of 38.71%. The business had revenue of $114.21 million for the quarter, compared to the consensus estimate of $112.27 million. During the same period in the prior year, the business posted $0.38 earnings per share. The firm’s revenue for the quarter was up 24.2% compared to the same quarter last year. Analysts expect that STORE Capital Corporation will post $0.87 EPS for the current year.

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In other news, Director William Franklin Hipp acquired 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 17th. The shares were acquired at an average cost of $25.18 per share, with a total value of $100,720.00. Following the completion of the purchase, the director now directly owns 18,499 shares of the company’s stock, valued at approximately $465,804.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.90% of the company’s stock.

A number of hedge funds have recently modified their holdings of the stock. Penserra Capital Management LLC raised its stake in shares of STORE Capital Corporation by 19.9% in the second quarter. Penserra Capital Management LLC now owns 4,530 shares of the real estate investment trust’s stock worth $101,000 after buying an additional 752 shares in the last quarter. Public Employees Retirement Association of Colorado raised its stake in shares of STORE Capital Corporation by 12.1% in 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 buying an additional 580 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of STORE Capital Corporation by 8.3% in the second quarter. The Manufacturers Life Insurance Company now owns 5,356 shares of the real estate investment trust’s stock worth $120,000 after buying an additional 409 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of STORE Capital Corporation by 12.2% in the first quarter. PNC Financial Services Group Inc. now owns 5,675 shares of the real estate investment trust’s stock worth $136,000 after buying an additional 619 shares in the last quarter. Finally, TCI Wealth Advisors Inc. raised its stake in shares of STORE Capital Corporation by 14.0% in the second quarter. TCI Wealth Advisors Inc. now owns 6,164 shares of the real estate investment trust’s stock worth $138,000 after buying an additional 759 shares in the last quarter.

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.

Analyst Recommendations for STORE Capital Corporation (NYSE:STOR)

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