Rhumbline Advisers Buys Shares of 4,981 Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW)

Rhumbline Advisers bought a new stake in shares of Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,981 shares of the company’s stock, valued at approximately $57,000.

Insider Buying and Selling

In other news, CEO Moishe Gubin acquired 9,529 shares of the business’s stock in a transaction that occurred on Monday, July 22nd. The shares were purchased at an average cost of $9.95 per share, for a total transaction of $94,813.55. Following the transaction, the chief executive officer now directly owns 450,111 shares in the company, valued at approximately $4,478,604.45. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 10.60% of the company’s stock.

Strawberry Fields REIT Stock Down 0.9 %

NYSEAMERICAN:STRW opened at $12.69 on Tuesday. The company has a market cap of $87.31 million, a P/E ratio of 29.51 and a beta of 0.25. Strawberry Fields REIT, Inc. has a 12-month low of $5.93 and a 12-month high of $12.90.

Strawberry Fields REIT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were issued a $0.13 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.10%. Strawberry Fields REIT’s dividend payout ratio (DPR) is presently 120.93%.

Strawberry Fields REIT 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.