Strawberry Fields REIT, Inc. (NASDAQ:STRW) CEO Moishe Gubin Purchases 1,000 Shares

Strawberry Fields REIT, Inc. (NASDAQ:STRW - Get Free Report) CEO Moishe Gubin purchased 1,000 shares of the business's stock in a transaction on Monday, July 21st. The stock was bought at an average cost of $10.48 per share, for a total transaction of $10,480.00. Following the purchase, the chief executive officer owned 823,448 shares of the company's stock, valued at approximately $8,629,735.04. This represents a 0.12% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Moishe Gubin also recently made the following trade(s):

• On Thursday, June 12th, Moishe Gubin purchased 172 shares of Strawberry Fields REIT stock. The stock was bought at an average cost of $10.88 per share, for a total transaction of $1,871.36.
• On Wednesday, June 11th, Moishe Gubin acquired 200 shares of Strawberry Fields REIT stock. The stock was acquired at an average price of $10.79 per share, for a total transaction of $2,158.00.
• On Tuesday, June 10th, Moishe Gubin acquired 228 shares of Strawberry Fields REIT stock. The stock was acquired at an average price of $10.73 per share, for a total transaction of $2,446.44.
• On Monday, June 9th, Moishe Gubin acquired 1,304 shares of Strawberry Fields REIT stock. The stock was acquired at an average price of $10.28 per share, for a total transaction of $13,405.12.

Strawberry Fields REIT Stock Performance

Shares of Strawberry Fields REIT stock traded up $0.09 during trading on Thursday, reaching $10.48. The company's stock had a trading volume of 15,492 shares, compared to its average volume of 68,594. The firm's 50-day moving average price is $10.41. The firm has a market capitalization of $130.42 million, a price-to-earnings ratio of 20.55, a PEG ratio of 1.16 and a beta of 0.39. Strawberry Fields REIT, Inc. has a 52 week low of $8.70 and a 52 week high of $12.90.

Strawberry Fields REIT Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders 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 dividend yield of 5.34%. Strawberry Fields REIT's payout ratio is presently 96.55%.

Institutional Investors Weigh In On Strawberry Fields REIT

Institutional investors have recently modified their holdings of the business. CWM LLC boosted its position in shares of Strawberry Fields REIT by 36,616.7% in the first quarter. CWM LLC now owns 2,203 shares of the company's stock valued at $26,000 after acquiring an additional 2,197 shares during the period. GAMMA Investing LLC boosted its position in shares of Strawberry Fields REIT by 2,191.7% in the first 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 period. Wells Fargo & Company MN lifted its position in Strawberry Fields REIT by 39.6% during the fourth quarter. Wells Fargo & Company MN now owns 3,902 shares of the company's stock worth $41,000 after purchasing an additional 1,107 shares during the period. Corebridge Financial Inc. lifted its position in Strawberry Fields REIT by 48.0% during the first quarter. Corebridge Financial Inc. now owns 4,570 shares of the company's stock worth $54,000 after purchasing an additional 1,482 shares during the period. Finally, Bank of America Corp DE increased its stake in shares of Strawberry Fields REIT by 52.9% in the fourth quarter. Bank of America Corp DE now owns 4,725 shares of the company's stock valued at $50,000 after buying an additional 1,634 shares during the period.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Wedbush upgraded shares of Strawberry Fields REIT to a "strong-buy" rating in a report on Wednesday, July 2nd. Compass Point downgraded shares of Strawberry Fields REIT from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $12.20 to $10.65 in a report on Wednesday, July 2nd.

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.