Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) CEO Moishe Gubin Acquires 112,347 Shares of Stock

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) CEO Moishe Gubin acquired 112,347 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was bought at an average price of $10.00 per share, for a total transaction of $1,123,470.00. Following the purchase, the chief executive officer now owns 700,667 shares in the company, valued at approximately $7,006,670. This trade represents a 19.10 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Moishe Gubin also recently made the following trade(s):

• On Tuesday, December 3rd, Moishe Gubin acquired 17,600 shares of Strawberry Fields REIT stock. The shares were purchased at an average cost of $11.99 per share, with a total value of $211,024.00.

Strawberry Fields REIT Trading Up 1.9 %

Shares of STRW stock opened at $10.02 on Tuesday. The stock has a market capitalization of $74.95 million, a price-to-earnings ratio of 19.65 and a beta of 0.22. Strawberry Fields REIT, Inc. has a fifty-two week low of $6.56 and a fifty-two week high of $12.90.

Strawberry Fields REIT Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 16th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 5.59%. This is an increase from Strawberry Fields REIT’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Monday, December 16th. Strawberry Fields REIT’s dividend payout ratio is presently 101.96%.

Hedge Funds Weigh In On Strawberry Fields REIT

Several institutional investors have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC bought a new position in Strawberry Fields REIT in the 3rd quarter worth $45,000. Rhumbline Advisers bought a new stake in Strawberry Fields REIT during the 2nd quarter valued at approximately $57,000. Barclays PLC grew its holdings in Strawberry Fields REIT by 302.3% in the 3rd quarter. Barclays PLC now owns 8,697 shares of the company’s stock valued at $110,000 after buying an additional 6,535 shares during the last quarter. Duncan Williams Asset Management LLC bought a new position in Strawberry Fields REIT in the 3rd quarter worth approximately $192,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of 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 worth $205,000 after buying an additional 2,774 shares during the last quarter.

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.