Insider Buying: Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Director Purchases 9,600 Shares of Stock

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Director Michael Blisko acquired 9,600 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were acquired at an average cost of $10.35 per share, for a total transaction of $99,360.00. Following the completion of the transaction, the director now directly owns 214,880 shares of the company’s stock, valued at $2,224,008. The trade was a 4.68 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link.

Strawberry Fields REIT Trading Down 0.2 %

STRW opened at $10.35 on Friday. Strawberry Fields REIT, Inc. has a 52-week low of $6.56 and a 52-week high of $12.90. The stock has a market cap of $77.42 million, a price-to-earnings ratio of 20.29 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. Investors of record on Monday, December 16th will be issued a $0.14 dividend. The ex-dividend date is Monday, December 16th. This represents a $0.56 annualized dividend and a yield of 5.41%. This is a boost from Strawberry Fields REIT’s previous quarterly dividend of $0.13. Strawberry Fields REIT’s dividend payout ratio (DPR) is currently 101.96%.

Institutional Investors Weigh In On Strawberry Fields REIT

A number of large investors have recently added to or reduced their stakes in the stock. State Street Corp increased its position in shares of 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 purchasing an additional 1,796 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Strawberry Fields REIT by 20.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 16,174 shares of the company’s stock valued at $205,000 after buying an additional 2,774 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in Strawberry Fields REIT during the third quarter valued at approximately $45,000. Rhumbline Advisers bought a new position in Strawberry Fields REIT in the second quarter worth approximately $57,000. Finally, Barclays PLC boosted its stake in shares of Strawberry Fields REIT by 302.3% during the 3rd quarter. Barclays PLC now owns 8,697 shares of the company’s stock worth $110,000 after acquiring an additional 6,535 shares during 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.