Cubist Systematic Strategies LLC acquired a new stake in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,760 shares of the company's stock, valued at approximately $305,000. Cubist Systematic Strategies LLC owned 0.10% of Chicago Atlantic Real Estate Finance as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Quantbot Technologies LP acquired a new stake in Chicago Atlantic Real Estate Finance in the fourth quarter valued at $41,000. Tower Research Capital LLC TRC grew its holdings in Chicago Atlantic Real Estate Finance by 45.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,667 shares of the company's stock worth $41,000 after acquiring an additional 838 shares during the period. Russell Investments Group Ltd. grew its holdings in Chicago Atlantic Real Estate Finance by 33.5% during the 4th quarter. Russell Investments Group Ltd. now owns 3,321 shares of the company's stock worth $51,000 after acquiring an additional 833 shares during the period. BNP Paribas Financial Markets acquired a new stake in Chicago Atlantic Real Estate Finance during the 4th quarter worth about $86,000. Finally, SG Americas Securities LLC acquired a new stake in Chicago Atlantic Real Estate Finance during the 4th quarter worth about $119,000. 25.48% of the stock is currently owned by institutional investors and hedge funds.
Chicago Atlantic Real Estate Finance Stock Down 0.2%
Chicago Atlantic Real Estate Finance stock traded down $0.03 during trading hours on Friday, reaching $14.50. 94,529 shares of the company's stock were exchanged, compared to its average volume of 112,446. The firm's 50 day simple moving average is $14.52 and its 200 day simple moving average is $15.33. Chicago Atlantic Real Estate Finance, Inc. has a twelve month low of $12.76 and a twelve month high of $16.47. The firm has a market capitalization of $304.02 million, a PE ratio of 7.25 and a beta of 0.26.
Chicago Atlantic Real Estate Finance Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a dividend of $0.47 per share. The ex-dividend date was Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a yield of 12.97%. Chicago Atlantic Real Estate Finance's payout ratio is currently 100.00%.
Chicago Atlantic Real Estate Finance Company Profile
(
Free Report)
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.
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