Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) CEO Acquires $211,024.00 in Stock

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) CEO Moishe Gubin acquired 17,600 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The stock was acquired at an average price of $11.99 per share, with a total value of $211,024.00. Following the purchase, the chief executive officer now owns 467,700 shares in the company, valued at approximately $5,607,723. This represents a 3.91 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Moishe Gubin also recently made the following trade(s):

• On Thursday, December 5th, Moishe Gubin bought 112,347 shares of Strawberry Fields REIT stock. The stock was acquired at an average cost of $10.00 per share, for a total transaction of $1,123,470.00.

Strawberry Fields REIT Price Performance

Shares of STRW opened at $10.16 on Wednesday. Strawberry Fields REIT, Inc. has a 12 month low of $6.56 and a 12 month high of $12.90. The stock has a market cap of $76.00 million, a price-to-earnings ratio of 19.92 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 paid a $0.14 dividend. This is a positive change from Strawberry Fields REIT’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.56 annualized dividend and a yield of 5.51%. Strawberry Fields REIT’s payout ratio is currently 101.96%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Rhumbline Advisers acquired a new stake in shares of Strawberry Fields REIT during the second quarter worth approximately $57,000. Duncan Williams Asset Management LLC bought a new stake in Strawberry Fields REIT during the 3rd quarter worth approximately $192,000. Allspring Global Investments Holdings LLC acquired a new stake in Strawberry Fields REIT during the 3rd quarter valued at $45,000. Charles Schwab Investment Management Inc. raised its position in Strawberry Fields REIT by 20.7% in 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. Finally, State Street Corp boosted its stake in Strawberry Fields REIT by 4.1% in the third quarter. State Street Corp now owns 45,998 shares of the company’s stock worth $584,000 after purchasing an additional 1,796 shares in the last quarter.

About Strawberry Fields REIT

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.