JPMorgan Chase & Co. Has $1.01 Million Position in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI)

JPMorgan Chase & Co. grew its holdings in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI - Free Report) by 92.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 65,465 shares of the company's stock after purchasing an additional 31,391 shares during the period. JPMorgan Chase & Co. owned approximately 0.33% of Chicago Atlantic Real Estate Finance worth $1,009,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of REFI. Quantbot Technologies LP bought a new position in shares of Chicago Atlantic Real Estate Finance in the 4th quarter valued at $41,000. SG Americas Securities LLC bought a new position in shares of Chicago Atlantic Real Estate Finance in the 4th quarter valued at $119,000. Bleakley Financial Group LLC bought a new position in shares of Chicago Atlantic Real Estate Finance in the 4th quarter valued at $164,000. HB Wealth Management LLC acquired a new stake in shares of Chicago Atlantic Real Estate Finance during the 4th quarter valued at $191,000. Finally, Catalina Capital Group LLC acquired a new stake in shares of Chicago Atlantic Real Estate Finance during the 4th quarter valued at $253,000. Institutional investors own 25.48% of the company's stock.

Chicago Atlantic Real Estate Finance Price Performance

Shares of NASDAQ REFI traded down $0.05 during mid-day trading on Thursday, hitting $14.43. 91,437 shares of the stock traded hands, compared to its average volume of 114,408. Chicago Atlantic Real Estate Finance, Inc. has a twelve month low of $12.76 and a twelve month high of $16.47. The company has a market cap of $301.40 million, a PE ratio of 7.21 and a beta of 0.26. The firm has a 50 day simple moving average of $14.88 and a two-hundred day simple moving average of $15.40.

Chicago Atlantic Real Estate Finance Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 13.03%. The ex-dividend date of this dividend was Monday, March 31st. Chicago Atlantic Real Estate Finance's dividend payout ratio (DPR) is 100.00%.

Chicago Atlantic Real Estate Finance Company Profile

Chicago Atlantic Real Estate Finance, Inc operates as a commercial real estate finance company in the United States. The company engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its portfolio primarily includes offers senior loans to state-licensed operators in the cannabis industry.