Medalist Diversified REIT, Inc. (NASDAQ:MDRR - Get Free Report) CFO Charles Brent Jr. Winn bought 1,100 shares of Medalist Diversified REIT stock in a transaction dated Friday, November 15th. The stock was purchased at an average price of $12.27 per share, for a total transaction of $13,497.00. Following the purchase, the chief financial officer now directly owns 37,324 shares in the company, valued at $457,965.48. This represents a 3.04 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Charles Brent Jr. Winn also recently made the following trade(s):
- On Monday, August 26th, Charles Brent Jr. Winn acquired 1,500 shares of Medalist Diversified REIT stock. The shares were purchased at an average cost of $12.50 per share, for a total transaction of $18,750.00.
Medalist Diversified REIT Trading Down 0.4 %
NASDAQ:MDRR opened at $12.25 on Tuesday. The company has a market capitalization of $13.72 million, a PE ratio of -55.68 and a beta of 0.73. The company has a quick ratio of 5.06, a current ratio of 4.01 and a debt-to-equity ratio of 3.05. Medalist Diversified REIT, Inc. has a 1 year low of $8.24 and a 1 year high of $14.94. The firm has a 50 day moving average price of $12.21.
Medalist Diversified REIT Cuts Dividend
Central Bank Abandons USD
From True Gold Republic | Ad
Startling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – the United States Dollar…
And placing a ‘quiet bet’ on a new type of currency…
Gold.
Click here now to get your free 'Protect Your Wealth' Guide.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 21st. Shareholders of record on Wednesday, October 16th were given a $0.06 dividend. The ex-dividend date was Wednesday, October 16th. This represents a $0.24 annualized dividend and a yield of 1.96%. Medalist Diversified REIT's payout ratio is -109.09%.
Hedge Funds Weigh In On Medalist Diversified REIT
An institutional investor recently raised its position in Medalist Diversified REIT stock. Renaissance Technologies LLC increased its stake in shares of Medalist Diversified REIT, Inc. (NASDAQ:MDRR - Free Report) by 7.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,449 shares of the company's stock after buying an additional 900 shares during the period. Renaissance Technologies LLC owned 1.11% of Medalist Diversified REIT worth $72,000 at the end of the most recent quarter. 17.40% of the stock is owned by institutional investors.
About Medalist Diversified REIT
(
Get Free Report)
Medalist Diversified REIT Inc is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S. The Company's strategy is to focus on commercial real estate which is expected to provide an attractive balance of risk and returns.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
