Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Store Capital Corp (NYSE:STOR) by 11.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 64,854 shares of the real estate investment trust’s stock after buying an additional 6,847 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Store Capital were worth $1,802,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Qube Research & Technologies Ltd acquired a new stake in Store Capital in the second quarter valued at approximately $117,000. Centaurus Financial Inc. acquired a new stake in Store Capital in the second quarter valued at approximately $151,000. Engineers Gate Manager LP acquired a new stake in Store Capital in the second quarter valued at approximately $200,000. Sumitomo Mitsui Asset Management Company LTD acquired a new stake in Store Capital in the second quarter valued at approximately $207,000. Finally, FCA Corp TX acquired a new stake in Store Capital in the second quarter valued at approximately $208,000. Hedge funds and other institutional investors own 93.54% of the company’s stock.

In other news, Director Joseph M. Donovan acquired 3,000 shares of Store Capital stock in a transaction that occurred on Wednesday, November 28th. The shares were purchased at an average cost of $29.53 per share, for a total transaction of $88,590.00. Following the completion of the purchase, the director now directly owns 50,820 shares of the company’s stock, valued at approximately $1,500,714.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.85% of the company’s stock.

Several analysts have issued reports on STOR shares. Zacks Investment Research raised shares of Store Capital from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research report on Friday, November 16th. BMO Capital Markets set a $32.00 price target on shares of Store Capital and gave the stock a “buy” rating in a research report on Thursday, November 1st. ValuEngine raised shares of Store Capital from a “hold” rating to a “buy” rating in a research report on Tuesday, October 23rd. Mizuho set a $30.00 price target on shares of Store Capital and gave the stock a “buy” rating in a research report on Monday, August 13th. Finally, Morgan Stanley raised shares of Store Capital from an “equal weight” rating to an “overweight” rating and set a $31.00 price target for the company in a research report on Monday, October 1st. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $29.25.

STOR stock opened at $30.05 on Wednesday. Store Capital Corp has a twelve month low of $22.51 and a twelve month high of $30.50. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.37 and a quick ratio of 0.37. The company has a market cap of $6.38 billion, a PE ratio of 17.57, a P/E/G ratio of 3.44 and a beta of 0.08.

Store Capital (NYSE:STOR) last announced its quarterly earnings data on Thursday, November 1st. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.03. Store Capital had a return on equity of 6.11% and a net margin of 39.17%. The firm had revenue of $137.00 million for the quarter, compared to analysts’ expectations of $135.39 million. During the same period last year, the business posted $0.41 earnings per share. The firm’s revenue for the quarter was up 24.0% on a year-over-year basis. On average, analysts anticipate that Store Capital Corp will post 1.75 EPS for the current year.

ILLEGAL ACTIVITY WARNING: “Zurcher Kantonalbank Zurich Cantonalbank Boosts Position in Store Capital Corp (STOR)” was first posted by Watch List News and is the property of of Watch List News. If you are reading this story on another domain, it was illegally stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://www.watchlistnews.com/zurcher-kantonalbank-zurich-cantonalbank-boosts-position-in-store-capital-corp-stor/2662760.html.

Store Capital Company Profile

STORE Capital Corporation is an internally managed net-lease real estate investment trust, or REIT, that is the leader in the acquisition, investment and management of Single Tenant Operational Real Estate, which is its target market and the inspiration for its name. STORE Capital is one of the largest and fastest growing net-lease REITs and owns a large, well-diversified portfolio that consists of investments in 2,084 property locations, substantially all of which are profit centers, in 49 states.

Read More: Outstanding Shares, Buying and Selling Stocks

Want to see what other hedge funds are holding STOR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Store Capital Corp (NYSE:STOR).

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

Receive News & Ratings for Store Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Store Capital and related companies with MarketBeat.com's FREE daily email newsletter.