Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Director Buys $100,450.00 in Stock

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Director Michael Blisko purchased 9,800 shares of Strawberry Fields REIT stock in a transaction on Thursday, December 19th. The shares were purchased at an average cost of $10.25 per share, with a total value of $100,450.00. Following the transaction, the director now owns 224,680 shares in the company, valued at approximately $2,302,970. The trade was a 4.56 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Michael Blisko also recently made the following trade(s):

• On Thursday, December 12th, Michael Blisko acquired 9,600 shares of Strawberry Fields REIT stock. The stock was acquired at an average cost of $10.35 per share, for a total transaction of $99,360.00.

Strawberry Fields REIT Stock Up 0.2 %

STRW stock opened at $10.62 on Thursday. The company has a market capitalization of $79.44 million, a price-to-earnings ratio of 20.82 and a beta of 0.22. Strawberry Fields REIT, Inc. has a twelve month low of $6.56 and a twelve month high of $12.90.

Strawberry Fields REIT Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 16th will be paid a $0.14 dividend. The ex-dividend date is Monday, December 16th. This is a boost from Strawberry Fields REIT’s previous quarterly dividend of $0.13. This represents a $0.56 annualized dividend and a dividend yield of 5.27%. Strawberry Fields REIT’s dividend payout ratio (DPR) is currently 101.96%.

Institutional Trading of Strawberry Fields REIT

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new stake in Strawberry Fields REIT in the third quarter valued at approximately $45,000. Rhumbline Advisers acquired a new position in shares of Strawberry Fields REIT during the 2nd quarter worth approximately $57,000. Barclays PLC raised its stake in Strawberry Fields REIT by 302.3% in the 3rd quarter. Barclays PLC now owns 8,697 shares of the company’s stock valued at $110,000 after acquiring an additional 6,535 shares during the period. Duncan Williams Asset Management LLC bought a new stake in Strawberry Fields REIT in the 3rd quarter valued at $192,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Strawberry Fields REIT by 20.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 16,174 shares of the company’s stock valued at $205,000 after purchasing an additional 2,774 shares during the last quarter.

Wall Street Analyst Weigh In

Separately, Janney Montgomery Scott assumed coverage on shares of Strawberry Fields REIT in a research report on Wednesday, December 18th. They set a “buy” rating and a $12.50 price target on the stock.

Strawberry Fields REIT Company Profile

Strawberry Fields REIT, Inc, is a self-administered real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing and certain other healthcare-related properties. The Company's portfolio includes 109 healthcare facilities with an aggregate of 12,449 bed, located throughout the states of Arkansas, Illinois, Indiana, Kentucky, Michigan, Ohio, Oklahoma, Tennessee and Texas.