Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Director Jack Levine Purchases 5,000 Shares

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Director Jack Levine purchased 5,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average cost of $10.00 per share, for a total transaction of $50,000.00. Following the completion of the purchase, the director now owns 108,927 shares in the company, valued at $1,089,270. This trade represents a 4.81 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Strawberry Fields REIT Stock Up 1.8 %

Shares of NYSEAMERICAN STRW traded up $0.18 during midday trading on Monday, hitting $10.01. 240,031 shares of the stock traded hands, compared to its average volume of 27,039. Strawberry Fields REIT, Inc. has a one year low of $6.56 and a one year high of $12.90. The company has a market cap of $74.87 million, a price-to-earnings ratio of 20.45 and a beta of 0.22.

Strawberry Fields REIT Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 16th will be issued a dividend of $0.14 per share. This is an increase from Strawberry Fields REIT’s previous quarterly dividend of $0.13. The ex-dividend date is Monday, December 16th. This represents a $0.56 annualized dividend and a yield of 5.59%. Strawberry Fields REIT’s dividend payout ratio is presently 101.96%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Geode Capital Management LLC boosted its position in shares of Strawberry Fields REIT by 14.1% during the third quarter. Geode Capital Management LLC now owns 98,445 shares of the company’s stock valued at $1,249,000 after buying an additional 12,129 shares during the last quarter. State Street Corp lifted its stake in Strawberry Fields REIT by 4.1% during the 3rd quarter. State Street Corp now owns 45,998 shares of the company’s stock valued at $584,000 after acquiring an additional 1,796 shares in the last quarter. Charles Schwab Investment Management Inc. boosted 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 worth $205,000 after acquiring an additional 2,774 shares during the last quarter. Duncan Williams Asset Management LLC bought a new stake in shares of Strawberry Fields REIT in the 3rd quarter worth $192,000. Finally, Barclays PLC raised its holdings in shares of Strawberry Fields REIT by 302.3% in the third quarter. Barclays PLC now owns 8,697 shares of the company’s stock valued at $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.