Strawberry Fields REIT (NYSEAMERICAN:STRW) Stock Price Down 1.3%

Shares of Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) were down 1.3% on Tuesday . The company traded as low as $11.70 and last traded at $11.70. Approximately 11,349 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 14,508 shares. The stock had previously closed at $11.85.

Strawberry Fields REIT Price Performance

The company has a market cap of $80.50 million, a PE ratio of 27.21 and a beta of 0.25.

Strawberry Fields REIT Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be given a $0.13 dividend. The ex-dividend date is Monday, September 16th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.44%. Strawberry Fields REIT’s payout ratio is currently 120.93%.

Insider Activity

In related news, CEO Moishe Gubin acquired 9,529 shares of Strawberry Fields REIT stock in a transaction dated Monday, July 22nd. The shares were purchased at an average price of $9.95 per share, for a total transaction of $94,813.55. Following the completion of the transaction, the chief executive officer now directly owns 450,111 shares in the company, valued at approximately $4,478,604.45. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 10.60% of the company’s stock.

Institutional Investors Weigh In On Strawberry Fields REIT

A hedge fund recently bought a new stake in Strawberry Fields REIT stock. Rhumbline Advisers purchased a new position in Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,981 shares of the company’s stock, valued at approximately $57,000. Rhumbline Advisers owned 0.08% of Strawberry Fields REIT as of its most recent filing with the Securities and Exchange Commission (SEC).

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.