Strawberry Fields REIT, Inc. (NASDAQ:STRW - Get Free Report) CEO Moishe Gubin purchased 1,304 shares of Strawberry Fields REIT stock in a transaction that occurred on Monday, June 9th. The stock was acquired at an average cost of $10.28 per share, with a total value of $13,405.12. Following the acquisition, the chief executive officer now directly owns 721,848 shares of the company's stock, valued at $7,420,597.44. The trade was a 0.18% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.
Strawberry Fields REIT Stock Performance
STRW traded down $0.15 during trading hours on Wednesday, hitting $10.63. 20,907 shares of the stock were exchanged, compared to its average volume of 73,127. The firm has a market capitalization of $132.29 million, a PE ratio of 20.84, a price-to-earnings-growth ratio of 1.16 and a beta of 0.38. Strawberry Fields REIT, Inc. has a 12 month low of $8.70 and a 12 month high of $12.90. The stock has a 50-day simple moving average of $10.52.
Strawberry Fields REIT Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 5.27%. The ex-dividend date is Monday, June 16th. Strawberry Fields REIT's dividend payout ratio (DPR) is 96.55%.
Institutional Investors Weigh In On Strawberry Fields REIT
Several large investors have recently made changes to their positions in STRW. Alyeska Investment Group L.P. acquired a new position in Strawberry Fields REIT during the 4th quarter valued at about $11,067,000. FJ Capital Management LLC acquired a new stake in shares of Strawberry Fields REIT during the fourth quarter valued at approximately $2,031,000. Keeley Teton Advisors LLC purchased a new stake in shares of Strawberry Fields REIT in the fourth quarter valued at $1,651,000. State of New Jersey Common Pension Fund D acquired a new stake in Strawberry Fields REIT during the 4th quarter worth about $1,354,000. Finally, MYDA Advisors LLC acquired a new stake in shares of Strawberry Fields REIT during the fourth quarter worth approximately $1,265,000.
Analyst Ratings Changes
Separately, Wedbush reiterated an "outperform" rating and set a $13.00 price objective (down from $14.00) on shares of Strawberry Fields REIT in a research note on Monday, May 12th.
Check Out Our Latest Analysis on Strawberry Fields REIT
About Strawberry Fields REIT
(
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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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