AEW Capital Management L P cut its position in shares of STORE Capital Corporation (NYSE:STOR) by 2.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,181,334 shares of the real estate investment trust’s stock after selling 62,900 shares during the quarter. STORE Capital Corporation makes up about 1.4% of AEW Capital Management L P’s investment portfolio, making the stock its 24th largest position. AEW Capital Management L P owned 1.15% of STORE Capital Corporation worth $54,250,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in STOR. PNC Financial Services Group Inc. increased its position in shares of STORE Capital Corporation by 12.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,675 shares of the real estate investment trust’s stock valued at $136,000 after purchasing an additional 619 shares during the last quarter. Geode Capital Management LLC increased its position in shares of STORE Capital Corporation by 11.3% during the 1st quarter. Geode Capital Management LLC now owns 1,226,240 shares of the real estate investment trust’s stock valued at $29,282,000 after purchasing an additional 124,591 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of STORE Capital Corporation by 37.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,117,034 shares of the real estate investment trust’s stock valued at $50,555,000 after purchasing an additional 572,731 shares during the last quarter. UBS Group AG increased its position in shares of STORE Capital Corporation by 44.6% during the 1st quarter. UBS Group AG now owns 68,518 shares of the real estate investment trust’s stock valued at $1,636,000 after purchasing an additional 21,128 shares during the last quarter. Finally, BlackRock Inc. increased its position in shares of STORE Capital Corporation by 3,974.5% during the 1st quarter. BlackRock Inc. now owns 10,152,844 shares of the real estate investment trust’s stock valued at $242,450,000 after purchasing an additional 9,903,666 shares during the last quarter.

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Shares of STORE Capital Corporation (NYSE STOR) traded down 0.36% during midday trading on Wednesday, hitting $24.60. The stock had a trading volume of 555,703 shares. STORE Capital Corporation has a 52-week low of $19.65 and a 52-week high of $27.00. The company’s 50 day moving average is $25.26 and its 200 day moving average is $23.44. The company has a market cap of $4.67 billion, a PE ratio of 24.80 and a beta of 0.23.

STORE Capital Corporation (NYSE:STOR) last issued its quarterly earnings data on Thursday, August 3rd. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.07). STORE Capital Corporation had a net margin of 38.71% and a return on equity of 5.98%. The company had revenue of $114.21 million for the quarter, compared to analysts’ expectations of $112.27 million. During the same quarter last year, the company earned $0.38 earnings per share. The company’s revenue for the quarter was up 24.2% on a year-over-year basis. On average, analysts anticipate that STORE Capital Corporation will post $0.87 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were paid a dividend of $0.31 per share. This is a boost from STORE Capital Corporation’s previous quarterly dividend of $0.29. The ex-dividend date was Thursday, September 28th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 5.02%. STORE Capital Corporation’s dividend payout ratio is currently 126.53%.

Several equities analysts recently issued reports on STOR shares. BidaskClub upgraded STORE Capital Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. FBR & Co started coverage on STORE Capital Corporation in a research report on Monday, July 17th. They set a “market perform” rating and a $24.00 price target on the stock. Robert W. Baird restated a “buy” rating on shares of STORE Capital Corporation in a research report on Friday, October 20th. Zacks Investment Research lowered STORE Capital Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, KeyCorp restated a “hold” rating on shares of STORE Capital Corporation in a research report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $27.09.

In other STORE Capital Corporation news, Director William Franklin Hipp bought 4,000 shares of the business’s stock in a transaction dated Thursday, August 17th. The shares were purchased at an average price of $25.18 per share, with a total value of $100,720.00. Following the completion of the purchase, the director now owns 18,499 shares in the company, valued at approximately $465,804.82. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.90% of the company’s stock.

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.

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

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