Hantz Financial Services Inc. Has $305,000 Holdings in STAG Industrial, Inc. (NYSE:STAG)

Hantz Financial Services Inc. lessened its stake in STAG Industrial, Inc. (NYSE:STAG) by 4.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,813 shares of the real estate investment trust’s stock after selling 363 shares during the quarter. Hantz Financial Services Inc.’s holdings in STAG Industrial were worth $305,000 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. Cetera Investment Advisers grew its position in STAG Industrial by 763.9% in the first quarter. Cetera Investment Advisers now owns 70,788 shares of the real estate investment trust’s stock valued at $2,721,000 after acquiring an additional 62,594 shares during the last quarter. Earnest Partners LLC grew its position in STAG Industrial by 2.2% in the second quarter. Earnest Partners LLC now owns 3,652,984 shares of the real estate investment trust’s stock valued at $131,727,000 after acquiring an additional 78,189 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in STAG Industrial by 317.6% in the second quarter. Harbor Capital Advisors Inc. now owns 34,067 shares of the real estate investment trust’s stock valued at $1,228,000 after acquiring an additional 25,909 shares during the last quarter. Los Angeles Capital Management LLC grew its position in STAG Industrial by 314.5% in the third quarter. Los Angeles Capital Management LLC now owns 145,520 shares of the real estate investment trust’s stock valued at $5,688,000 after acquiring an additional 110,410 shares during the last quarter. Finally, Atria Investments Inc bought a new position in STAG Industrial in the first quarter valued at about $1,024,000. Institutional investors and hedge funds own 88.67% of the company’s stock.

Analyst Ratings Changes

STAG has been the topic of a number of recent analyst reports. Evercore ISI lifted their target price on STAG Industrial from $43.00 to $44.00 and gave the company an “outperform” rating in a research report on Wednesday, August 28th. Wells Fargo & Company reduced their price target on STAG Industrial from $41.00 to $38.00 and set an “equal weight” rating on the stock in a report on Monday, November 4th. Barclays reduced their price target on STAG Industrial from $42.00 to $40.00 and set an “equal weight” rating on the stock in a report on Monday, October 28th. Finally, Wedbush boosted their price target on STAG Industrial from $44.00 to $45.00 and gave the stock an “outperform” rating in a report on Monday, August 5th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, STAG Industrial currently has a consensus rating of “Hold” and an average price target of $41.13.

STAG Industrial Trading Down 1.5 %

NYSE:STAG opened at $36.79 on Monday. The firm’s fifty day moving average is $37.55 and its 200-day moving average is $37.71. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.42 and a current ratio of 1.42. STAG Industrial, Inc. has a 52 week low of $34.09 and a 52 week high of $41.63. The firm has a market cap of $6.70 billion, a P/E ratio of 37.16 and a beta of 1.09.

STAG Industrial Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.1233 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.48 dividend on an annualized basis and a yield of 4.02%. STAG Industrial’s payout ratio is currently 149.49%.

About STAG Industrial

We are a REIT focused on the acquisition, ownership, and operation of industrial properties throughout the United States. Our platform is designed to (i) identify properties for acquisition that offer relative value across CBRE-EA Tier 1 industrial real estate markets, industries, and tenants through the principled application of our proprietary risk assessment model, (ii) provide growth through sophisticated industrial operation and an attractive opportunity set, and (iii) capitalize our business appropriately given the characteristics of our assets.