Benjamin Ore Buys 1,000 Shares of Medalist Diversified REIT, Inc. (NASDAQ:MDRR) Stock

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) insider Benjamin Ore purchased 1,000 shares of the stock in a transaction dated Tuesday, March 4th. The shares were purchased at an average price of $12.75 per share, for a total transaction of $12,750.00. Following the completion of the transaction, the insider now owns 14,500 shares in the company, valued at $184,875. This trade represents a 7.41 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Benjamin Ore also recently made the following trade(s):

• On Friday, December 13th, Benjamin Ore purchased 8,000 shares of Medalist Diversified REIT stock. The shares were purchased at an average price of $12.50 per share, for a total transaction of $100,000.00.

Medalist Diversified REIT Stock Up 1.0 %

Shares of MDRR stock opened at $12.75 on Thursday. Medalist Diversified REIT, Inc. has a 1 year low of $10.90 and a 1 year high of $15.00. The stock has a market cap of $17.38 million, a PE ratio of -57.95 and a beta of 0.59. The business’s fifty day moving average is $12.77 and its 200-day moving average is $12.51. The company has a debt-to-equity ratio of 3.05, a quick ratio of 4.01 and a current ratio of 4.01.

Medalist Diversified REIT Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Monday, January 20th were given a dividend of $0.065 per share. The ex-dividend date of this dividend was Friday, January 17th. This is a boost from Medalist Diversified REIT’s previous quarterly dividend of $0.06. This represents a $0.26 annualized dividend and a dividend yield of 2.04%. Medalist Diversified REIT’s dividend payout ratio (DPR) is -118.18%.

Institutional Investors Weigh In On Medalist Diversified REIT

An institutional investor recently bought a new position in Medalist Diversified REIT stock. EP Wealth Advisors LLC acquired a new position in shares of Medalist Diversified REIT, Inc. (NASDAQ:MDRR) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 45,345 shares of the company’s stock, valued at approximately $545,000. EP Wealth Advisors LLC owned approximately 4.07% of Medalist Diversified REIT as of its most recent SEC filing. Institutional investors own 17.40% of the company’s stock.

Medalist Diversified REIT Company Profile

Medalist Diversified REIT Inc is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S. The Company's strategy is to focus on commercial real estate which is expected to provide an attractive balance of risk and returns.