Jack Levine Acquires 5,000 Shares of Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Stock

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW) Director Jack Levine bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were purchased at an average cost of $10.00 per share, with a total value of $50,000.00. Following the purchase, the director now directly owns 108,927 shares of the company’s stock, valued at approximately $1,089,270. This represents a 4.81 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Strawberry Fields REIT Stock Up 1.5 %

Shares of STRW stock opened at $10.16 on Wednesday. Strawberry Fields REIT, Inc. has a fifty-two week low of $6.56 and a fifty-two week high of $12.90. The stock has a market cap of $76.00 million, a P/E ratio of 19.92 and a beta of 0.22.

Strawberry Fields REIT Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 16th will be paid a dividend of $0.14 per share. The ex-dividend date is Monday, December 16th. This represents a $0.56 annualized dividend and a yield of 5.51%. This is a boost from Strawberry Fields REIT’s previous quarterly dividend of $0.13. Strawberry Fields REIT’s dividend payout ratio (DPR) is currently 101.96%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of STRW. Allspring Global Investments Holdings LLC acquired a new position in shares of Strawberry Fields REIT in the 3rd quarter valued at $45,000. Rhumbline Advisers acquired a new position in shares of Strawberry Fields REIT in the 2nd quarter valued at $57,000. Barclays PLC boosted its position in shares of 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 purchasing an additional 6,535 shares during the period. Duncan Williams Asset Management LLC acquired a new stake in Strawberry Fields REIT during the 3rd quarter worth about $192,000. Finally, Charles Schwab Investment Management Inc. boosted its position in Strawberry Fields REIT by 20.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 16,174 shares of the company’s stock worth $205,000 after acquiring an additional 2,774 shares during the period.

About Strawberry Fields REIT

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.