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

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Director Michael Blisko purchased 9,800 shares of the stock in a transaction on Thursday, December 19th. The shares were purchased at an average cost of $10.25 per share, for a total transaction of $100,450.00. Following the acquisition, the director now directly owns 224,680 shares of the company’s stock, valued at approximately $2,302,970. This represents a 4.56 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 acquired at an average cost of $10.35 per share, for a total transaction of $99,360.00.

Strawberry Fields REIT Stock Up 4.4 %

Shares of Strawberry Fields REIT stock opened at $10.65 on Monday. Strawberry Fields REIT, Inc. has a twelve month low of $6.56 and a twelve month high of $12.90. The stock has a market capitalization of $79.66 million, a P/E ratio of 20.88 and a beta of 0.22.

Strawberry Fields REIT Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 16th will be issued a $0.14 dividend. This is a boost from Strawberry Fields REIT’s previous quarterly dividend of $0.13. This represents a $0.56 annualized dividend and a yield of 5.26%. The ex-dividend date of this dividend is Monday, December 16th. Strawberry Fields REIT’s dividend payout ratio is presently 101.96%.

Analyst Upgrades and Downgrades

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

Institutional Trading of Strawberry Fields REIT

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC purchased a new stake in shares of Strawberry Fields REIT in the 3rd quarter valued at about $45,000. Rhumbline Advisers purchased a new stake in Strawberry Fields REIT in the 2nd quarter valued at about $57,000. Barclays PLC boosted its position 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 worth $110,000 after buying an additional 6,535 shares during the period. Duncan Williams Asset Management LLC purchased a new stake in shares of Strawberry Fields REIT during the third quarter worth about $192,000. Finally, Charles Schwab Investment Management Inc. increased its position in shares of 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 worth $205,000 after purchasing an additional 2,774 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.