50,094 Shares in Strawberry Fields REIT, Inc. (NASDAQ:STRW) Acquired by First Eagle Investment Management LLC

First Eagle Investment Management LLC purchased a new stake in Strawberry Fields REIT, Inc. (NASDAQ:STRW) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 50,094 shares of the company’s stock, valued at approximately $528,000. First Eagle Investment Management LLC owned about 0.67% of Strawberry Fields REIT as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. State of New Jersey Common Pension Fund D purchased a new stake in shares of Strawberry Fields REIT in the fourth quarter valued at $1,354,000. White Pine Capital LLC purchased a new stake in Strawberry Fields REIT in the 4th quarter valued at about $748,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Strawberry Fields REIT during the 4th quarter valued at about $109,000.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on STRW. Wedbush raised their target price on shares of Strawberry Fields REIT from $12.00 to $14.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 5th. Compass Point set a $14.00 price target on shares of Strawberry Fields REIT in a report on Wednesday, January 15th.

Strawberry Fields REIT Price Performance

Shares of NASDAQ:STRW opened at $12.56 on Monday. The stock has a market cap of $93.96 million, a price-to-earnings ratio of 24.63, a PEG ratio of 1.16 and a beta of 0.47. Strawberry Fields REIT, Inc. has a 12 month low of $6.56 and a 12 month high of $12.90.

Strawberry Fields REIT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 4.46%. The ex-dividend date of this dividend is Monday, March 17th. Strawberry Fields REIT’s dividend payout ratio (DPR) is presently 98.25%.

About Strawberry Fields REIT

Strawberry Fields REIT, Inc engages in the ownership, acquisition, development, and leasing of skilled nursing and certain other healthcare-related properties. The company was founded by Moishe Gubin in 2014 and is headquartered in South Bend, IN.