Manning & Napier Advisors LLC decreased its position in STORE Capital Corporation (NYSE:STOR) by 16.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 189,372 shares of the real estate investment trust’s stock after selling 38,275 shares during the quarter. Manning & Napier Advisors LLC owned approximately 0.10% of STORE Capital Corporation worth $4,708,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Penserra Capital Management LLC lifted its holdings 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 valued at $101,000 after acquiring an additional 752 shares during the period. Public Employees Retirement Association of Colorado lifted its holdings 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 valued at $120,000 after acquiring an additional 580 shares during the period. The Manufacturers Life Insurance Company lifted its holdings 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 valued at $120,000 after acquiring an additional 409 shares during the period. PNC Financial Services Group Inc. lifted its holdings 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 valued at $136,000 after acquiring an additional 619 shares during the period. Finally, TCI Wealth Advisors Inc. lifted its holdings 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 valued at $138,000 after acquiring an additional 759 shares during the period. 97.33% of the stock is currently owned by institutional investors.

A number of research analysts have weighed in on the company. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of STORE Capital Corporation in a report on Wednesday, August 16th. B. Riley reaffirmed a “neutral” rating on shares of STORE Capital Corporation in a research note on Friday, November 3rd. Stifel Nicolaus raised their price objective on STORE Capital Corporation from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Monday, October 16th. TheStreet raised STORE Capital Corporation from a “c” rating to a “b-” rating in a research note on Thursday, August 3rd. Finally, BidaskClub downgraded STORE Capital Corporation from a “buy” rating to a “hold” rating in a research note on Monday, October 23rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $27.00.

STORE Capital Corporation (NYSE STOR) traded up $0.36 during trading hours on Friday, hitting $26.25. The company had a trading volume of 920,928 shares, compared to its average volume of 1,562,332. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.57 and a quick ratio of 0.57. STORE Capital Corporation has a 12-month low of $19.65 and a 12-month high of $26.35. The stock has a market capitalization of $4,987.92, a PE ratio of 15.44, a P/E/G ratio of 3.25 and a beta of 0.22.

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STORE Capital Corporation Company Profile

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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