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

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Director Michael Blisko bought 9,800 shares of the firm’s stock in a transaction dated Thursday, December 19th. The stock was purchased at an average cost of $10.25 per share, for a total transaction of $100,450.00. Following the transaction, the director now directly owns 224,680 shares of the company’s stock, valued at $2,302,970. The trade was a 4.56 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Thursday, December 12th, Michael Blisko purchased 9,600 shares of Strawberry Fields REIT stock. The stock was purchased at an average price of $10.35 per share, with a total value of $99,360.00.

Strawberry Fields REIT Trading Up 0.2 %

Shares of NYSEAMERICAN:STRW opened at $10.62 on Thursday. Strawberry Fields REIT, Inc. has a 12-month low of $6.56 and a 12-month high of $12.90. The company has a market cap of $79.44 million, a price-to-earnings ratio of 20.82 and a beta of 0.22.

Strawberry Fields REIT Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 16th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.56 dividend on an annualized basis and a yield of 5.27%. This is an increase from Strawberry Fields REIT’s previous quarterly dividend of $0.13. Strawberry Fields REIT’s dividend payout ratio is currently 101.96%.

Analysts Set New Price Targets

Separately, Janney Montgomery Scott started coverage on Strawberry Fields REIT in a report on Wednesday, December 18th. They set a “buy” rating and a $12.50 target price for the company.

Hedge Funds Weigh In On Strawberry Fields REIT

Hedge funds have recently added to or reduced their stakes in the stock. State Street Corp increased its holdings in Strawberry Fields REIT by 4.1% in the 3rd quarter. State Street Corp now owns 45,998 shares of the company’s stock valued at $584,000 after buying an additional 1,796 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of 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 worth $205,000 after acquiring an additional 2,774 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in Strawberry Fields REIT in the third quarter valued at approximately $45,000. Rhumbline Advisers acquired a new position in Strawberry Fields REIT during the second quarter valued at approximately $57,000. Finally, Barclays PLC lifted its stake in Strawberry Fields REIT by 302.3% during the third quarter. Barclays PLC now owns 8,697 shares of the company’s stock worth $110,000 after purchasing an additional 6,535 shares during the last quarter.

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.