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flag Russell Investments cut STAG Industrial holdings by 38%, despite the company beating earnings estimates.

flag Russell Investments reduced its holdings in STAG Industrial by 38%, selling 321,765 shares, while Wells Fargo increased its holdings by 0.2%. flag Director Benjamin S. Butcher sold 50,000 shares. flag STAG Industrial, a real estate investment company, reported strong earnings, beating estimates by $0.43 per share. flag The company’s stock has fluctuated, hitting a 12-month low, but analysts predict a "Hold" rating with a target price of $40.14.

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