SG Americas Securities LLC raised its holdings in shares of STORE Capital Corporation (NYSE:STOR) by 244.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,105 shares of the real estate investment trust’s stock after purchasing an additional 23,498 shares during the quarter. SG Americas Securities LLC’s holdings in STORE Capital were worth $823,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Berkshire Hathaway Inc. purchased a new position in STORE Capital during the 2nd quarter worth $418,057,000. State Street Corp boosted its holdings in STORE Capital by 10.1% during the 2nd quarter. State Street Corp now owns 3,217,856 shares of the real estate investment trust’s stock worth $72,242,000 after acquiring an additional 295,070 shares during the last quarter. American Century Companies Inc. boosted its holdings in STORE Capital by 34.1% during the 2nd quarter. American Century Companies Inc. now owns 737,678 shares of the real estate investment trust’s stock worth $16,561,000 after acquiring an additional 187,680 shares during the last quarter. Loeb Partners Corp purchased a new position in STORE Capital during the 3rd quarter worth $373,000. Finally, Parametric Portfolio Associates LLC boosted its holdings in STORE Capital by 50.1% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 70,317 shares of the real estate investment trust’s stock worth $1,579,000 after acquiring an additional 23,467 shares during the last quarter. Institutional investors and hedge funds own 95.68% of the company’s stock.

Shares of STORE Capital Corporation (NYSE STOR) traded down $0.44 during mid-day trading on Tuesday, reaching $25.51. The company had a trading volume of 595,244 shares, compared to its average volume of 1,769,029. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.57 and a quick ratio of 0.57. The stock has a market capitalization of $4,930.00, a price-to-earnings ratio of 15.25, a price-to-earnings-growth ratio of 3.22 and a beta of 0.24. STORE Capital Corporation has a 12 month low of $19.65 and a 12 month high of $26.58.

A number of brokerages recently weighed in on STOR. B. Riley set a $26.00 price target on shares of STORE Capital and gave the stock a “hold” rating in a report on Wednesday, November 15th. Zacks Investment Research downgraded shares of STORE Capital from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. BidaskClub raised shares of STORE Capital from a “sell” rating to a “hold” rating in a report on Tuesday, November 7th. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of STORE Capital in a report on Monday, November 6th. Finally, SunTrust Banks reissued a “buy” rating and issued a $25.00 price target on shares of STORE Capital in a report on Tuesday, October 24th. One equities research 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 has an average rating of “Hold” and a consensus target price of $27.00.

WARNING: “SG Americas Securities LLC Acquires 23,498 Shares of STORE Capital Corporation (STOR)” was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this story on another domain, it was copied illegally and republished in violation of US & international trademark & copyright laws. The legal version of this story can be read at https://www.thecerbatgem.com/2017/12/05/sg-americas-securities-llc-acquires-23498-shares-of-store-capital-corporation-stor.html.

About STORE Capital

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.

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

Receive News & Stock Ratings for STORE Capital Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for STORE Capital Corporation and related stocks with our FREE daily email newsletter.