Doliver Advisors LP grew its holdings in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI - Free Report) by 68.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,188 shares of the company's stock after purchasing an additional 18,750 shares during the quarter. Doliver Advisors LP owned about 0.22% of Chicago Atlantic Real Estate Finance worth $679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quantbot Technologies LP acquired a new position in shares of Chicago Atlantic Real Estate Finance in the 4th quarter valued at about $41,000. Tower Research Capital LLC TRC increased its position in Chicago Atlantic Real Estate Finance by 45.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,667 shares of the company's stock valued at $41,000 after buying an additional 838 shares in the last quarter. Russell Investments Group Ltd. increased its position in Chicago Atlantic Real Estate Finance by 33.5% in the 4th quarter. Russell Investments Group Ltd. now owns 3,321 shares of the company's stock valued at $51,000 after buying an additional 833 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in Chicago Atlantic Real Estate Finance in the 4th quarter valued at about $86,000. Finally, SG Americas Securities LLC bought a new stake in Chicago Atlantic Real Estate Finance in the 4th quarter valued at about $119,000. 25.48% of the stock is owned by institutional investors and hedge funds.
Chicago Atlantic Real Estate Finance Trading Down 0.5%
Chicago Atlantic Real Estate Finance stock traded down $0.07 during midday trading on Wednesday, reaching $14.38. The stock had a trading volume of 22,548 shares, compared to its average volume of 112,655. Chicago Atlantic Real Estate Finance, Inc. has a 12 month low of $12.76 and a 12 month high of $16.47. The company has a market capitalization of $301.51 million, a P/E ratio of 7.19 and a beta of 0.26. The company has a fifty day moving average price of $14.39 and a two-hundred day moving average price of $15.28.
Chicago Atlantic Real Estate Finance Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 13.07%. The ex-dividend date was Monday, March 31st. Chicago Atlantic Real Estate Finance's payout ratio is 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.
See Also
Before you consider Chicago Atlantic Real Estate Finance, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Chicago Atlantic Real Estate Finance wasn't on the list.
While Chicago Atlantic Real Estate Finance currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
