Spectrum Management Group Inc. acquired a new position in STORE Capital Corporation (NYSE:STOR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 24,800 shares of the real estate investment trust’s stock, valued at approximately $617,000.

Other large investors have also modified their holdings of the company. Penserra Capital Management LLC raised its stake in 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 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 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 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 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. 97.33% of the stock is owned by institutional investors.

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A number of brokerages recently commented on STOR. Zacks Investment Research raised shares of STORE Capital Corporation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 29th. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of STORE Capital Corporation in a research note on Thursday, August 3rd. BidaskClub raised shares of STORE Capital Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, October 17th. B. Riley set a $26.00 price objective on shares of STORE Capital Corporation and gave the stock a “hold” rating in a research note on Wednesday. Finally, Mizuho raised shares of STORE Capital Corporation from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $23.50 to $27.00 in a research note on Thursday, August 31st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $27.00.

Shares of STORE Capital Corporation (NYSE:STOR) traded up $0.10 during mid-day trading on Friday, hitting $25.89. The stock had a trading volume of 1,133,400 shares, compared to its average volume of 1,810,999. The firm has a market capitalization of $4,970.00 and a P/E ratio of 15.17. 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 1-year low of $19.65 and a 1-year high of $26.35.

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.

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

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