Segall Bryant & Hamill LLC Purchases Shares of 106,165 Strawberry Fields REIT, Inc. (NASDAQ:STRW)

Segall Bryant & Hamill LLC purchased a new position in Strawberry Fields REIT, Inc. (NASDAQ:STRW - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 106,165 shares of the company's stock, valued at approximately $1,264,000. Segall Bryant & Hamill LLC owned approximately 0.87% of Strawberry Fields REIT as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Strawberry Fields REIT during the first quarter worth $237,000. Ameriprise Financial Inc. boosted its position in shares of Strawberry Fields REIT by 97.1% during the 4th quarter. Ameriprise Financial Inc. now owns 53,640 shares of the company's stock valued at $565,000 after acquiring an additional 26,421 shares during the last quarter. Millennium Management LLC acquired a new position in shares of Strawberry Fields REIT during the 4th quarter valued at about $442,000. Nuveen Asset Management LLC acquired a new position in shares of Strawberry Fields REIT during the 4th quarter valued at about $136,000. Finally, GAMMA Investing LLC boosted its position in shares of Strawberry Fields REIT by 2,191.7% during the 1st quarter. GAMMA Investing LLC now owns 3,025 shares of the company's stock valued at $36,000 after acquiring an additional 2,893 shares during the last quarter.

Strawberry Fields REIT Price Performance

NASDAQ STRW traded down $0.17 during trading hours on Wednesday, reaching $10.37. The company had a trading volume of 18,501 shares, compared to its average volume of 68,979. The firm has a 50-day moving average price of $10.41. Strawberry Fields REIT, Inc. has a 1-year low of $8.70 and a 1-year high of $12.90. The company has a market capitalization of $129.05 million, a PE ratio of 20.33, a P/E/G ratio of 1.16 and a beta of 0.39.

Strawberry Fields REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were issued a $0.14 dividend. The ex-dividend date of this dividend was Monday, June 16th. This represents a $0.56 annualized dividend and a yield of 5.40%. Strawberry Fields REIT's dividend payout ratio (DPR) is 96.55%.

Insiders Place Their Bets

In other news, Director Jack Levine bought 10,000 shares of Strawberry Fields REIT stock in a transaction that occurred on Tuesday, July 8th. The shares were purchased at an average price of $9.92 per share, with a total value of $99,200.00. Following the completion of the acquisition, the director directly owned 130,000 shares in the company, valued at $1,289,600. The trade was a 8.33% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have purchased a total of 12,904 shares of company stock valued at $129,561 over the last 90 days. 10.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on STRW shares. Wedbush raised shares of Strawberry Fields REIT to a "strong-buy" rating in a research report on Wednesday, July 2nd. Compass Point cut shares of Strawberry Fields REIT from a "buy" rating to a "neutral" rating and decreased their target price for the company from $12.20 to $10.65 in a research report on Wednesday, July 2nd.

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.