Segall Bryant & Hamill LLC Makes New Investment in Strawberry Fields REIT, Inc. (NASDAQ:STRW)

Segall Bryant & Hamill LLC bought a new position in shares of Strawberry Fields REIT, Inc. (NASDAQ:STRW - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 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 SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. CWM LLC grew its position in shares of Strawberry Fields REIT by 36,616.7% during the 1st quarter. CWM LLC now owns 2,203 shares of the company's stock worth $26,000 after purchasing an additional 2,197 shares in the last quarter. 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 worth $36,000 after acquiring an additional 2,893 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Strawberry Fields REIT by 39.6% during the 4th quarter. Wells Fargo & Company MN now owns 3,902 shares of the company's stock worth $41,000 after acquiring an additional 1,107 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Strawberry Fields REIT by 52.9% during the 4th quarter. Bank of America Corp DE now owns 4,725 shares of the company's stock worth $50,000 after acquiring an additional 1,634 shares in the last quarter. Finally, Rhumbline Advisers boosted its position in shares of Strawberry Fields REIT by 39.5% during the 1st quarter. Rhumbline Advisers now owns 7,412 shares of the company's stock worth $88,000 after acquiring an additional 2,098 shares in the last quarter.

Insider Activity

In other Strawberry Fields REIT news, Director Jack Levine purchased 10,000 shares of the company's stock in a transaction dated Tuesday, July 8th. The stock was purchased at an average price of $9.92 per share, with a total value of $99,200.00. Following the completion of the purchase, the director owned 130,000 shares of the company's stock, valued at approximately $1,289,600. The trade was a 8.33% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders have acquired a total of 11,904 shares of company stock worth $119,081 over the last ninety days. 10.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on STRW. Compass Point lowered shares of Strawberry Fields REIT from a "buy" rating to a "neutral" rating and reduced their price target for the stock from $12.20 to $10.65 in a research report on Wednesday, July 2nd. Wedbush upgraded shares of Strawberry Fields REIT to a "strong-buy" rating in a research report on Wednesday, July 2nd.

Strawberry Fields REIT Price Performance

Shares of Strawberry Fields REIT stock opened at $10.21 on Friday. Strawberry Fields REIT, Inc. has a fifty-two week low of $8.70 and a fifty-two week high of $12.90. The firm has a market capitalization of $127.06 million, a price-to-earnings ratio of 20.02, a P/E/G ratio of 1.16 and a beta of 0.39. The company has a 50 day moving average of $10.41.

Strawberry Fields REIT Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 16th were given a $0.14 dividend. The ex-dividend date of this dividend was Monday, June 16th. This represents a $0.56 dividend on an annualized basis and a yield of 5.48%. Strawberry Fields REIT's dividend payout ratio is currently 96.55%.

Strawberry Fields REIT Company 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.

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