Charles Brent Jr. Winn Purchases 1,100 Shares of Medalist Diversified REIT, Inc. (NASDAQ:MDRR) Stock

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) CFO Charles Brent Jr. Winn purchased 1,100 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was acquired at an average cost of $12.27 per share, for a total transaction of $13,497.00. Following the purchase, the chief financial officer now owns 37,324 shares in the company, valued at approximately $457,965.48. The trade was a 3.04 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

Charles Brent Jr. Winn also recently made the following trade(s):

• On Monday, November 18th, Charles Brent Jr. Winn bought 321 shares of Medalist Diversified REIT stock. The stock was bought at an average cost of $12.25 per share, for a total transaction of $3,932.25.
• On Monday, August 26th, Charles Brent Jr. Winn purchased 1,500 shares of Medalist Diversified REIT stock. The shares were bought at an average price of $12.50 per share, with a total value of $18,750.00.

Medalist Diversified REIT Stock Performance

Shares of MDRR stock opened at $12.11 on Wednesday. The company has a debt-to-equity ratio of 3.05, a quick ratio of 4.01 and a current ratio of 4.01. The firm has a market cap of $13.50 million, a price-to-earnings ratio of -55.05 and a beta of 0.73. The business has a 50 day moving average of $12.21. Medalist Diversified REIT, Inc. has a one year low of $8.24 and a one year high of $14.94.

Medalist Diversified REIT Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 21st. Investors of record on Wednesday, October 16th were issued a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, October 16th. This represents a $0.24 annualized dividend and a dividend yield of 1.98%. Medalist Diversified REIT’s dividend payout ratio is presently -109.09%.

Institutional Trading of Medalist Diversified REIT

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

About Medalist Diversified REIT

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.