STAG Industrial, Inc. (STAG) Trades at $24.41 After Triangle; Bank Of Marin Bancorp Has 2.36 Sentiment

STAG Industrial, Inc. (NYSE:STAG) Logo

Bank Of Marin Bancorp (BMRC) investors sentiment increased to 2.36 in 2017 Q4. It’s up 0.89, from 1.47 in 2017Q3. The ratio is more positive, as 59 investment professionals increased or started new holdings, while 25 cut down and sold their stakes in Bank Of Marin Bancorp. The investment professionals in our database reported: 2.79 million shares, up from 2.73 million shares in 2017Q3. Also, the number of investment professionals holding Bank Of Marin Bancorp in top ten holdings was flat from 0 to 0 for the same number . Sold All: 13 Reduced: 12 Increased: 39 New Position: 20.

STAG Industrial, Inc. (STAG) formed triangle with $23.43 target or 4.00% below today’s $24.41 share price. STAG Industrial, Inc. (STAG) has $2.44 billion valuation. The stock increased 1.96% or $0.47 during the last trading session, reaching $24.41. About 114,306 shares traded. STAG Industrial, Inc. (NYSE:STAG) has declined 4.93% since April 17, 2017 and is downtrending. It has underperformed by 16.48% the S&P500.

Analysts await STAG Industrial, Inc. (NYSE:STAG) to report earnings on May, 1 after the close. They expect $0.43 earnings per share, up 4.88% or $0.02 from last year’s $0.41 per share. STAG’s profit will be $42.95M for 14.19 P/E if the $0.43 EPS becomes a reality. After $0.44 actual earnings per share reported by STAG Industrial, Inc. for the previous quarter, Wall Street now forecasts -2.27% negative EPS growth.

Since January 5, 2018, it had 1 insider purchase, and 4 sales for $4.33 million activity. Jacoby Francis X III had bought 1,000 shares worth $25,000. Butcher Benjamin S sold $1.80 million worth of stock. Crooker William R also sold $842,188 worth of STAG Industrial, Inc. (NYSE:STAG) on Friday, January 5. 35,000 STAG Industrial, Inc. (NYSE:STAG) shares with value of $924,350 were sold by King David G. On Friday, January 5 Mecke Stephen C sold $792,300 worth of STAG Industrial, Inc. (NYSE:STAG) or 30,000 shares.

Investors sentiment decreased to 1.56 in 2017 Q4. Its down 0.41, from 1.97 in 2017Q3. It is negative, as 18 investors sold STAG Industrial, Inc. shares while 54 reduced holdings. 24 funds opened positions while 88 raised stakes. 79.69 million shares or 4.13% more from 76.53 million shares in 2017Q3 were reported. Regions Finance holds 0% or 400 shares in its portfolio. Hall Laurie J Trustee reported 0.07% in STAG Industrial, Inc. (NYSE:STAG). Westfield Mgmt Com Ltd Partnership has 64,550 shares. Amer Century Incorporated accumulated 0% or 9,134 shares. Cipher Ltd Partnership holds 182,675 shares or 0.4% of its portfolio. Citigroup invested in 0% or 83,145 shares. Schroder Invest Mngmt Group stated it has 0% in STAG Industrial, Inc. (NYSE:STAG). Eagle Asset Mgmt accumulated 0.09% or 617,867 shares. Eagle Boston Inv Mgmt Incorporated invested in 0.82% or 300,389 shares. Westwood Hldg Gru, Texas-based fund reported 2.54M shares. State Bank Of Ny Mellon Corporation invested in 0.04% or 5.00 million shares. Bollard Grp Ltd Limited Liability Company stated it has 11,088 shares. Tci Wealth Advisors holds 500 shares. First Trust Advsr Limited Partnership has invested 0% in STAG Industrial, Inc. (NYSE:STAG). Vantage Investment Advsrs Ltd Company reported 1,000 shares.

Among 14 analysts covering Stag Industrial (NYSE:STAG), 11 have Buy rating, 1 Sell and 2 Hold. Therefore 79% are positive. Stag Industrial had 30 analyst reports since September 8, 2015 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $3200 target in Friday, June 23 report. Jefferies maintained the stock with “Buy” rating in Thursday, February 15 report. As per Tuesday, September 8, the company rating was maintained by Evercore. The firm has “Buy” rating given on Sunday, August 20 by Jefferies. Evercore upgraded the stock to “Outperform” rating in Monday, August 14 report. On Monday, June 13 the stock rating was downgraded by Evercore to “Hold”. CapitalOne upgraded STAG Industrial, Inc. (NYSE:STAG) on Friday, October 14 to “Overweight” rating. The company was maintained on Friday, November 3 by Ladenburg. The firm has “Underperform” rating given on Friday, March 11 by Bank of America. On Monday, February 26 the stock rating was maintained by RBC Capital Markets with “Buy”.

Bank of Marin Bancorp operates as the holding firm for Bank of Marin that provides a range of financial services primarily to professionals, small and middle-market businesses, and individuals in California. The company has market cap of $490.25 million. The firm accepts personal and business checking and savings accounts; time deposits, such as time certificates of deposit, individual retirement accounts, health savings accounts, and certificate of deposit account registry service; and insured cash sweep accounts. It has a 27.96 P/E ratio. It also offers commercial real estate, commercial and industrial, and consumer loans, as well as construction financing and home equity lines of credit.

Banc Funds Co Llc holds 0.58% of its portfolio in Bank of Marin Bancorp for 183,304 shares. Basswood Capital Management L.L.C. owns 120,400 shares or 0.38% of their US portfolio. Moreover, Private Ocean Llc has 0.14% invested in the company for 3,628 shares. The Ohio-based Bowling Portfolio Management Llc has invested 0.12% in the stock. Freestone Capital Holdings Llc, a Washington-based fund reported 26,328 shares.

Analysts await Bank of Marin Bancorp (NASDAQ:BMRC) to report earnings on April, 23 before the open. They expect $0.93 earnings per share, up 25.68% or $0.19 from last year’s $0.74 per share. BMRC’s profit will be $6.39 million for 19.17 P/E if the $0.93 EPS becomes a reality. After $0.80 actual earnings per share reported by Bank of Marin Bancorp for the previous quarter, Wall Street now forecasts 16.25% EPS growth.

Since January 1, 0001, it had 0 buys, and 1 sale for $102,000 activity.

Bank of Marin Bancorp (NASDAQ:BMRC) Institutional Positions Chart