Delphi Management Inc. MA Purchases Shares of 91,465 Store Capital Corp (STOR)

Delphi Management Inc. MA purchased a new stake in shares of Store Capital Corp (NYSE:STOR) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 91,465 shares of the real estate investment trust’s stock, valued at approximately $2,275,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of STOR. Public Employees Retirement Association of Colorado raised its stake in shares of Store Capital by 12.1% during the 2nd 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 purchasing an additional 580 shares during the period. Schwab Charles Investment Management Inc. raised its stake in shares of Store Capital by 1.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 737,597 shares of the real estate investment trust’s stock valued at $16,560,000 after purchasing an additional 9,707 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in shares of Store Capital by 4.6% during the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 25,802 shares of the real estate investment trust’s stock valued at $579,000 after purchasing an additional 1,135 shares during the period. Teacher Retirement System of Texas raised its stake in shares of Store Capital by 14.1% during the 2nd quarter. Teacher Retirement System of Texas now owns 248,994 shares of the real estate investment trust’s stock valued at $5,590,000 after purchasing an additional 30,806 shares during the period. Finally, Rhumbline Advisers raised its stake in shares of Store Capital by 2.8% during the 2nd quarter. Rhumbline Advisers now owns 180,901 shares of the real estate investment trust’s stock valued at $4,061,000 after purchasing an additional 4,867 shares during the period. 95.68% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Store Capital Corp (NYSE STOR) traded up $0.42 during midday trading on Thursday, reaching $26.17. The company’s stock had a trading volume of 1,388,400 shares, compared to its average volume of 1,743,279. The company has a market cap of $4,950.00, a price-to-earnings ratio of 15.15, a P/E/G ratio of 3.20 and a beta of 0.24. 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 Corp has a fifty-two week low of $19.65 and a fifty-two week high of $26.58.

STOR has been the topic of a number of analyst reports. Robert W. Baird reiterated a “buy” rating on shares of Store Capital in a research note on Friday, October 20th. Zacks Investment Research lowered Store Capital from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. BidaskClub lowered Store Capital from a “hold” rating to a “sell” rating in a research note on Sunday, October 29th. KeyCorp restated a “hold” rating on shares of Store Capital in a research note on Wednesday, October 4th. Finally, Ladenburg Thalmann Financial Services restated a “hold” rating on shares of Store Capital in a research note on Wednesday, August 16th. One analyst has rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $27.00.

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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.

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

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