72,508 Shares in Safehold Inc. $SAFE Acquired by Infrastructure Capital Advisors LLC

Key Points

• Infrastructure Capital Advisors LLC acquired 72,508 Safehold shares worth approximately $1.14 million, while institutional and hedge-fund investors collectively own 70.38% of the company.
• Analyst sentiment remains cautious: Safehold has a consensus “Hold” rating and a $17.17 average price target, with two Buy, seven Hold, and one Sell ratings.
• Safehold reported quarterly earnings of $0.42 per share, matching estimates, while revenue of $114.65 million exceeded expectations. The company also pays an annualized $0.71 dividend, yielding about 4.6%.

Infrastructure Capital Advisors LLC purchased a new position in shares of Safehold Inc. (NYSE:SAFE - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 72,508 shares of the company's stock, valued at approximately $1,138,000. Infrastructure Capital Advisors LLC owned approximately 0.10% of Safehold as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Long Pond Capital LP acquired a new stake in shares of Safehold in the fourth quarter valued at $12,936,000. NewEdge Wealth LLC acquired a new position in Safehold during the 2nd quarter worth $10,529,000. Denali Advisors LLC acquired a new position in Safehold during the 2nd quarter worth $4,861,000. Michelson Medical Research Foundation Inc. purchased a new stake in Safehold during the 2nd quarter worth about $4,629,000. Finally, Deutsche Bank AG increased its holdings in Safehold by 339.9% during the 4th quarter. Deutsche Bank AG now owns 370,042 shares of the company's stock worth $5,066,000 after purchasing an additional 285,920 shares during the period. 70.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on SAFE shares. Royal Bank Of Canada downgraded shares of Safehold from a "market outperform" rating to a "sector perform" rating and decreased their price target for the stock from $18.00 to $16.00 in a research note on Friday, May 1st. Cantor Fitzgerald reissued a "neutral" rating on shares of Safehold in a research report on Tuesday, August 4th. The Goldman Sachs Group reduced their price objective on shares of Safehold from $27.00 to $23.00 and set a "buy" rating on the stock in a report on Friday, May 15th. Zacks Research raised shares of Safehold from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 21st. Finally, Weiss Ratings raised shares of Safehold from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Safehold presently has a consensus rating of "Hold" and a consensus price target of $17.17.

Safehold Stock Performance

Shares of SAFE opened at $15.35 on Monday. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 9.48, a price-to-earnings-growth ratio of 4.58 and a beta of 1.75. Safehold Inc. has a 52-week low of $12.76 and a 52-week high of $17.45. The company has a quick ratio of 34.36, a current ratio of 34.37 and a debt-to-equity ratio of 1.77. The stock has a 50 day moving average price of $15.96 and a 200 day moving average price of $15.36.

Safehold (NYSE:SAFE - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.42 earnings per share for the quarter, hitting analysts' consensus estimates of $0.42. The company had revenue of $114.65 million for the quarter, compared to analysts' expectations of $110.78 million. Safehold had a net margin of 27.70% and a return on equity of 4.76%. Research analysts predict that Safehold Inc. will post 1.64 EPS for the current fiscal year.

Safehold Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.177 dividend. This represents a $0.71 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Safehold's dividend payout ratio (DPR) is 43.83%.

About Safehold

Safehold Inc is a real estate investment trust that seeks to redefine land ownership for commercial property owners. The company acquires perpetual ground leases from landowners and structures long-term leaseback arrangements, enabling building owners to unlock the value of underlying land without relinquishing operational control of their properties. By separating land ownership from building ownership, Safehold offers an alternative to traditional mortgage financing and land sale–leaseback transactions.

Safehold’s portfolio spans multiple commercial real estate sectors, including office, multifamily, industrial and retail, with a focus on high-quality properties in major U.S.

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