STORE Capital Corporation (NYSE:STOR) has climbed 1.01% in the past week and advanced 7.54% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.22% and the outperformance has advanced to 6.56% for the last 4 weeks period.
STORE Capital Corporation (NYSE:STOR): The stock opened at $27.15 on Friday but the bulls could not build on the opening and the stock topped out at $27.22 for the day. The stock traded down to $26.64 during the day, due to lack of any buying support eventually closed down at $26.95 with a loss of -0.70% for the day. The stock had closed at $27.14 on the previous day. The total traded volume was 1,980,757 shares.
The company shares have rallied 28.09% from its 1 Year high price. On Jun 17, 2016, the shares registered one year high at $27.22 and the one year low was seen on Sep 1, 2015. The 50-Day Moving Average price is $26.10 and the 200 Day Moving Average price is recorded at $24.88.
On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Store Capital Corp, Donovan Joseph M had purchased shares worth of $203,500 in a transaction dated on August 25, 2015. A total of 10,000 shares were purchased at a price of $20.35 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Many analysts have stated their opinion on the company shares. Janney Capital initiates coverage on STORE Capital Corporation (NYSE:STOR). The shares have now been rated Buy by the stock experts at the ratings house. The rating by the firm was issued on April 12, 2016. Currently the company Insiders own 1.05% of STORE Capital Corporation shares according to the proxy statements. Institutional Investors own 95.52% of STORE Capital Corporation shares.
Store Capital Corporation is an internally managed net-lease real estate investment trust (REIT). The Company is engaged in the acquisition, investment and management of single tenant operational real estate (STORE properties). As of December 31, 2014, the Company owns a portfolio consisting of investments in 947 property locations operated by 226 customers across 46 states. Its customers operate across a variety of industries within the service, retail and industrial sectors of the United States economy, with restaurants, early childhood education centers, health clubs, movie theaters and sporting goods stores representing the industries in its portfolio. The Company offers real estate financing solutions principally to middle market and businesses that own STORE Properties and operate within the broad-based service, retail and industrial sectors of the United States economy.