Strawberry Fields REIT, Inc. (NASDAQ:STRW - Get Free Report) Director Michael Blisko purchased 10,000 shares of the business's stock in a transaction on Tuesday, April 8th. The stock was purchased at an average cost of $9.25 per share, with a total value of $92,500.00. Following the acquisition, the director now owns 314,582 shares in the company, valued at approximately $2,909,883.50. This represents a 3.28 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Strawberry Fields REIT Stock Performance
Shares of STRW opened at $10.06 on Wednesday. The stock has a 50 day moving average of $11.69. The firm has a market cap of $123.28 million, a PE ratio of 19.73, a PEG ratio of 1.16 and a beta of 0.38. Strawberry Fields REIT, Inc. has a 1 year low of $8.14 and a 1 year high of $12.90.
Strawberry Fields REIT Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a $0.14 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.56 annualized dividend and a dividend yield of 5.57%. Strawberry Fields REIT's dividend payout ratio is presently 98.25%.
Analyst Ratings Changes
A number of research analysts recently commented on the company. Wedbush raised their target price on Strawberry Fields REIT from $12.00 to $14.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 5th. Compass Point set a $14.00 target price on shares of Strawberry Fields REIT in a research report on Wednesday, January 15th.
Check Out Our Latest Stock Analysis on STRW
Institutional Investors Weigh In On Strawberry Fields REIT
Several large investors have recently made changes to their positions in STRW. Rhumbline Advisers boosted its position in Strawberry Fields REIT by 39.5% in the first quarter. Rhumbline Advisers now owns 7,412 shares of the company's stock valued at $88,000 after buying an additional 2,098 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Strawberry Fields REIT by 2,191.7% in the 1st quarter. GAMMA Investing LLC now owns 3,025 shares of the company's stock worth $36,000 after acquiring an additional 2,893 shares in the last quarter. Nuveen Asset Management LLC bought a new stake in Strawberry Fields REIT during the 4th quarter worth approximately $136,000. Millennium Management LLC acquired a new stake in Strawberry Fields REIT during the 4th quarter valued at $442,000. Finally, FJ Capital Management LLC bought a new position in Strawberry Fields REIT in the 4th quarter valued at $2,031,000.
About Strawberry Fields REIT
(
Get Free Report)
Strawberry Fields REIT, Inc engages in the ownership, acquisition, development, and leasing of skilled nursing and certain other healthcare-related properties. The company was founded by Moishe Gubin in 2014 and is headquartered in South Bend, IN.
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