Jeffrey Bajtner Buys 1,431 Shares of Strawberry Fields REIT (NASDAQ:STRW) Stock

Strawberry Fields REIT, Inc. (NASDAQ:STRW) CIO Jeffrey Bajtner purchased 1,431 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The shares were purchased at an average cost of $13.10 per share, with a total value of $18,746.10. Following the completion of the acquisition, the executive directly owned 3,605 shares of the company’s stock, valued at $47,225.50. This represents a 65.82% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Strawberry Fields REIT Stock Performance

STRW traded up $0.05 during trading on Thursday, reaching $12.86. The company’s stock had a trading volume of 5,420 shares, compared to its average volume of 23,159. The company’s fifty day moving average price is $13.00 and its 200-day moving average price is $12.01. Strawberry Fields REIT, Inc. has a 52-week low of $8.70 and a 52-week high of $14.00. The company has a market capitalization of $168.72 million, a price-to-earnings ratio of 25.22, a price-to-earnings-growth ratio of 1.16 and a beta of 0.36.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Cantor Fitzgerald restated an “overweight” rating and set a $15.00 target price on shares of Strawberry Fields REIT in a research report on Monday, January 5th. Zacks Research cut Strawberry Fields REIT from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Strawberry Fields REIT has a consensus rating of “Moderate Buy” and a consensus price target of $12.88.

Institutional Trading of Strawberry Fields REIT

Hedge funds and other institutional investors have recently bought and sold shares of the company. Nisa Investment Advisors LLC lifted its stake in shares of Strawberry Fields REIT by 93.5% in the third quarter. Nisa Investment Advisors LLC now owns 2,020 shares of the company’s stock worth $25,000 after acquiring an additional 976 shares in the last quarter. Wexford Capital LP purchased a new position in shares of Strawberry Fields REIT during the 3rd quarter valued at approximately $44,000. Bank of America Corp DE grew its position in shares of Strawberry Fields REIT by 52.9% during the fourth quarter. Bank of America Corp DE now owns 4,725 shares of the company’s stock worth $50,000 after buying an additional 1,634 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Strawberry Fields REIT by 58.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,431 shares of the company’s stock worth $65,000 after buying an additional 2,011 shares in the last quarter. Finally, Copeland Capital Management LLC bought a new stake in shares of Strawberry Fields REIT in the third quarter worth $77,000.

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.