Teachers Insurance & Annuity Association of America continued to hold its position in shares of STORE Capital Corporation (NYSE:STOR) during the third quarter, Holdings Channel reports. The firm owned 159,121 shares of the company’s stock at the end of the third quarter. Teachers Insurance & Annuity Association of America owned approximately 0.10% of STORE Capital Corporation worth $4,689,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Public Employees Retirement Association of Colorado increased its position in STORE Capital Corporation by 0.4% in the third quarter. Public Employees Retirement Association of Colorado now owns 4,862 shares of the company’s stock valued at $143,000 after buying an additional 20 shares during the period. Wolverine Asset Management LLC increased its position in STORE Capital Corporation by 3.2% in the second quarter. Wolverine Asset Management LLC now owns 11,687 shares of the company’s stock valued at $344,000 after buying an additional 363 shares during the period. 1st Global Advisors Inc. increased its position in STORE Capital Corporation by 2.8% in the third quarter. 1st Global Advisors Inc. now owns 18,223 shares of the company’s stock valued at $537,000 after buying an additional 489 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in STORE Capital Corporation by 10.1% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,495 shares of the company’s stock valued at $250,000 after buying an additional 777 shares during the period. Finally, Pacer Advisors Inc. increased its position in STORE Capital Corporation by 12.7% in the third quarter. Pacer Advisors Inc. now owns 7,267 shares of the company’s stock valued at $214,000 after buying an additional 819 shares during the period.

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

STORE Capital Corporation (NYSE:STOR) traded down 0.39% during midday trading on Friday, hitting $25.29. 348,955 shares of the company traded hands. The company has a market cap of $3.93 billion, a PE ratio of 31.53 and a beta of 0.26. STORE Capital Corporation has a 12-month low of $22.00 and a 12-month high of $31.44. The stock has a 50 day moving average price of $24.66 and a 200-day moving average price of $27.67.

STORE Capital Corporation (NYSE:STOR) last issued its quarterly earnings results on Thursday, November 3rd. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.40 by $0.01. STORE Capital Corporation had a return on equity of 5.22% and a net margin of 33.05%. The business earned $97 million during the quarter, compared to the consensus estimate of $53.01 million. During the same quarter last year, the firm posted $0.38 earnings per share. STORE Capital Corporation’s revenue was up 29.7% compared to the same quarter last year. Analysts expect that STORE Capital Corporation will post $0.78 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 17th. Shareholders of record on Friday, December 30th will be issued a dividend of $0.29 per share. The ex-dividend date is Wednesday, December 28th. This represents a $1.16 annualized dividend and a yield of 4.57%. STORE Capital Corporation’s payout ratio is presently 143.21%.

COPYRIGHT VIOLATION NOTICE: “STORE Capital Corporation (STOR) Stake Maintained by Teachers Insurance & Annuity Association of America” was originally reported by Daily Political and is the sole property of of Daily Political. If you are viewing this news story on another domain, it was stolen and reposted in violation of United States and international copyright and trademark laws. The original version of this news story can be viewed at http://www.dailypolitical.com/2017/01/13/store-capital-corporation-stor-stake-maintained-by-teachers-insurance-annuity-association-of-america.html.

STOR has been the topic of several analyst reports. Morgan Stanley cut shares of STORE Capital Corporation from an “overweight” rating to an “equal weight” rating in a research note on Monday, December 12th. Mizuho initiated coverage on shares of STORE Capital Corporation in a research note on Thursday, October 13th. They set a “buy” rating and a $30.50 price target on the stock. Zacks Investment Research raised shares of STORE Capital Corporation from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a research note on Tuesday, October 18th. Wunderlich decreased their price target on shares of STORE Capital Corporation from $34.00 to $29.50 and set a “buy” rating on the stock in a research note on Friday, November 4th. Finally, KeyCorp cut shares of STORE Capital Corporation to an “overweight” rating in a research note on Wednesday, December 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company’s stock. STORE Capital Corporation currently has an average rating of “Buy” and an average price target of $30.71.

In related news, Director Joseph M. Donovan acquired 4,350 shares of the business’s stock in a transaction on Thursday, December 1st. The shares were purchased at an average price of $24.15 per share, for a total transaction of $105,052.50. Following the acquisition, the director now owns 30,694 shares in the company, valued at $741,260.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 1.05% 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. The Company’s portfolio includes investments in approximately 1,330 property locations operated by over 300 customers across approximately 50 states.

5 Day Chart for NYSE:STOR

Want to see what other hedge funds are holding STOR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for STORE Capital Corporation (NYSE:STOR).

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.