Barclays PLC Has $676,000 Position in Strawberry Fields REIT, Inc. (NASDAQ:STRW)

Barclays PLC raised its position in Strawberry Fields REIT, Inc. (NASDAQ:STRW - Free Report) by 637.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 64,112 shares of the company's stock after buying an additional 55,415 shares during the period. Barclays PLC owned approximately 0.86% of Strawberry Fields REIT worth $676,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in STRW. Wells Fargo & Company MN increased its stake in shares of Strawberry Fields REIT by 39.6% during the fourth quarter. Wells Fargo & Company MN now owns 3,902 shares of the company's stock valued at $41,000 after acquiring an additional 1,107 shares during the period. Geode Capital Management LLC increased its stake in shares of Strawberry Fields REIT by 5.9% during the fourth quarter. Geode Capital Management LLC now owns 104,247 shares of the company's stock valued at $1,099,000 after acquiring an additional 5,802 shares during the period. Bank of New York Mellon Corp acquired a new position in Strawberry Fields REIT in the fourth quarter worth approximately $109,000. JPMorgan Chase & Co. grew its position in Strawberry Fields REIT by 143.5% in the fourth quarter. JPMorgan Chase & Co. now owns 23,305 shares of the company's stock worth $246,000 after buying an additional 13,733 shares during the last quarter. Finally, Hillsdale Investment Management Inc. acquired a new position in Strawberry Fields REIT in the fourth quarter worth approximately $274,000.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Compass Point set a $14.00 price target on shares of Strawberry Fields REIT in a research report on Wednesday, January 15th. Wedbush restated an "outperform" rating and issued a $13.00 price target (down previously from $14.00) on shares of Strawberry Fields REIT in a research report on Monday.

Insider Buying and Selling

In related news, Director Michael Blisko acquired 10,000 shares of the company's stock in a transaction dated Tuesday, April 8th. The shares were bought 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. This trade represents a 3.28% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 10.60% of the company's stock.

Strawberry Fields REIT Price Performance

Shares of STRW stock traded up $0.07 on Tuesday, hitting $10.70. The company's stock had a trading volume of 6,966 shares, compared to its average volume of 79,262. Strawberry Fields REIT, Inc. has a fifty-two week low of $8.70 and a fifty-two week high of $12.90. The firm's fifty day moving average price is $11.29. The firm has a market cap of $131.12 million, a PE ratio of 20.98, a price-to-earnings-growth ratio of 1.16 and a beta of 0.47.

Strawberry Fields REIT Dividend Announcement

The company 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. The ex-dividend date is Monday, June 16th. This represents a $0.56 annualized dividend and a yield of 5.23%. Strawberry Fields REIT's dividend payout ratio (DPR) is presently 96.55%.

Strawberry Fields REIT Profile

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.