Strawberry Fields REIT, Inc. (NASDAQ:STRW) Shares Bought by Ameriprise Financial Inc.

Ameriprise Financial Inc. grew its holdings in shares of Strawberry Fields REIT, Inc. (NASDAQ:STRW - Free Report) by 97.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 53,640 shares of the company's stock after purchasing an additional 26,421 shares during the period. Ameriprise Financial Inc. owned approximately 0.72% of Strawberry Fields REIT worth $565,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in STRW. White Pine Capital LLC acquired a new position in Strawberry Fields REIT during the 4th quarter worth approximately $748,000. State of New Jersey Common Pension Fund D acquired a new stake in shares of Strawberry Fields REIT in the 4th quarter worth approximately $1,354,000. Bank of New York Mellon Corp acquired a new stake in shares of Strawberry Fields REIT in the 4th quarter worth approximately $109,000. First Eagle Investment Management LLC acquired a new stake in shares of Strawberry Fields REIT in the 4th quarter worth approximately $528,000. Finally, Hillsdale Investment Management Inc. acquired a new stake in shares of Strawberry Fields REIT in the 4th quarter worth approximately $274,000.

Strawberry Fields REIT Price Performance

Shares of Strawberry Fields REIT stock traded down $0.03 during trading hours on Thursday, reaching $10.13. 24,297 shares of the company's stock were exchanged, compared to its average volume of 74,694. Strawberry Fields REIT, Inc. has a 52-week low of $8.70 and a 52-week high of $12.90. The company's fifty day moving average is $10.63. The company has a market capitalization of $126.07 million, a price-to-earnings ratio of 19.86, a price-to-earnings-growth ratio of 1.16 and a beta of 0.38.

Strawberry Fields REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 5.53%. The ex-dividend date of this dividend is Monday, June 16th. Strawberry Fields REIT's dividend payout ratio (DPR) is 96.55%.

Insider Transactions at Strawberry Fields REIT

In other news, Director Michael Blisko bought 10,000 shares of the business's stock in a transaction that occurred on Tuesday, April 8th. The shares were acquired at an average cost of $9.25 per share, with a total value of $92,500.00. Following the transaction, the director now owns 314,582 shares of the company's stock, valued at $2,909,883.50. This represents a 3.28% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 10.60% of the company's stock.

Analyst Ratings Changes

Separately, Wedbush restated an "outperform" rating and issued a $13.00 price target (down previously from $14.00) on shares of Strawberry Fields REIT in a report on Monday, May 12th.

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.