Raymond James Trust N.A. Has $262,000 Stock Holdings in STORE Capital Co. (NYSE:STOR)

Raymond James Trust N.A. increased its holdings in shares of STORE Capital Co. (NYSE:STORGet Rating) by 16.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,607 shares of the real estate investment trust’s stock after buying an additional 1,092 shares during the period. Raymond James Trust N.A.’s holdings in STORE Capital were worth $262,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Capital World Investors lifted its position in shares of STORE Capital by 156.5% in the 3rd quarter. Capital World Investors now owns 1,370,000 shares of the real estate investment trust’s stock worth $43,881,000 after purchasing an additional 835,863 shares during the period. PGGM Investments lifted its position in shares of STORE Capital by 25.2% in the 4th quarter. PGGM Investments now owns 2,193,852 shares of the real estate investment trust’s stock worth $75,469,000 after purchasing an additional 441,640 shares during the period. Royal London Asset Management Ltd. acquired a new position in shares of STORE Capital in the 4th quarter worth approximately $11,430,000. Morgan Stanley lifted its position in shares of STORE Capital by 3.3% in the 3rd quarter. Morgan Stanley now owns 9,976,936 shares of the real estate investment trust’s stock worth $319,560,000 after purchasing an additional 323,382 shares during the period. Finally, Schroder Investment Management Group lifted its position in shares of STORE Capital by 72.5% in the 3rd quarter. Schroder Investment Management Group now owns 562,524 shares of the real estate investment trust’s stock worth $18,018,000 after purchasing an additional 236,392 shares during the period. Institutional investors and hedge funds own 84.64% of the company’s stock.

Shares of STOR stock opened at $29.67 on Monday. The firm has a market capitalization of $8.15 billion, a PE ratio of 29.67 and a beta of 1.23. The firm has a fifty day simple moving average of $29.95 and a two-hundred day simple moving average of $32.31. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.50. STORE Capital Co. has a 12 month low of $28.32 and a 12 month high of $37.13.

STORE Capital (NYSE:STORGet Rating) last announced its quarterly earnings results on Wednesday, February 23rd. The real estate investment trust reported $0.28 EPS for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.21). The business had revenue of $209.23 million for the quarter, compared to the consensus estimate of $201.56 million. STORE Capital had a net margin of 34.29% and a return on equity of 5.08%. The business’s revenue for the quarter was up 21.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.44 EPS. On average, equities analysts predict that STORE Capital Co. will post 2.12 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 15th. Shareholders of record on Thursday, March 31st will be paid a dividend of $0.385 per share. The ex-dividend date is Wednesday, March 30th. This represents a $1.54 dividend on an annualized basis and a yield of 5.19%. STORE Capital’s dividend payout ratio (DPR) is presently 154.00%.

STOR has been the topic of a number of recent analyst reports. Jefferies Financial Group downgraded shares of STORE Capital from a “buy” rating to a “hold” rating and dropped their price target for the stock from $39.00 to $37.00 in a research report on Monday, January 10th. Mizuho lowered their price objective on shares of STORE Capital from $37.00 to $33.00 in a research note on Thursday, January 20th. Capital One Financial reiterated an “overweight” rating on shares of STORE Capital in a research note on Friday, January 21st. Morgan Stanley lowered their price objective on shares of STORE Capital from $36.00 to $35.00 and set an “equal weight” rating for the company in a research note on Monday, March 7th. Finally, StockNews.com started coverage on shares of STORE Capital in a research note on Thursday, March 31st. They issued a “hold” rating for the company. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $34.86.

STORE Capital Company Profile (Get Rating)

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 more than 2,500 property locations across the United States, substantially all of which are profit centers.

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

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