Barclays PLC Grows Holdings in Strawberry Fields REIT, Inc. (NASDAQ:STRW)

Barclays PLC grew its position in shares of Strawberry Fields REIT, Inc. (NASDAQ:STRW - Free Report) by 637.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,112 shares of the company's stock after purchasing an additional 55,415 shares during the period. Barclays PLC owned approximately 0.86% of Strawberry Fields REIT worth $676,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. State of New Jersey Common Pension Fund D acquired a new position in Strawberry Fields REIT during the 4th quarter worth about $1,354,000. White Pine Capital LLC purchased a new position in shares of Strawberry Fields REIT in the fourth quarter valued at approximately $748,000. JPMorgan Chase & Co. boosted its stake in shares of Strawberry Fields REIT by 143.5% in the fourth quarter. JPMorgan Chase & Co. now owns 23,305 shares of the company's stock valued at $246,000 after purchasing an additional 13,733 shares during the period. First Eagle Investment Management LLC acquired a new position in shares of Strawberry Fields REIT in the fourth quarter valued at approximately $528,000. Finally, Hillsdale Investment Management Inc. purchased a new stake in Strawberry Fields REIT during the 4th quarter worth approximately $274,000.

Strawberry Fields REIT Stock Performance

Strawberry Fields REIT stock traded up $0.15 during trading on Friday, reaching $10.15. The stock had a trading volume of 29,936 shares, compared to its average volume of 80,452. Strawberry Fields REIT, Inc. has a 52-week low of $8.70 and a 52-week high of $12.90. The firm has a 50 day moving average of $11.30. The stock has a market capitalization of $124.38 million, a PE ratio of 19.90, a PEG ratio of 1.16 and a beta of 0.47.

Strawberry Fields REIT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 5.52%. The ex-dividend date of this dividend is Monday, June 16th. Strawberry Fields REIT's dividend payout ratio (DPR) is presently 96.55%.

Insider Buying and Selling at Strawberry Fields REIT

In other Strawberry Fields REIT news, Director Michael Blisko acquired 10,000 shares of the company's stock in a transaction dated Tuesday, April 8th. The shares were acquired at an average price of $9.25 per share, for a total transaction of $92,500.00. Following the acquisition, the director now owns 314,582 shares in the company, valued at $2,909,883.50. The trade was a 3.28 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 10.60% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Wedbush boosted their price target on shares of Strawberry Fields REIT from $12.00 to $14.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 5th. Compass Point set a $14.00 target price on Strawberry Fields REIT in a research note on Wednesday, January 15th.

About Strawberry Fields REIT

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.