Strawberry Fields REIT, Inc. (NASDAQ:STRW - Get Free Report) CIO Jeffrey Bajtner bought 1,431 shares of the business's stock in a transaction that occurred on Friday, January 16th. The stock was bought at an average price of $13.10 per share, with a total value of $18,746.10. Following the completion of the transaction, the executive directly owned 3,605 shares of the company's stock, valued at $47,225.50. This represents a 65.82% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Strawberry Fields REIT Stock Up 0.4%
NASDAQ STRW opened at $12.86 on Friday. The stock's 50-day simple moving average is $13.03 and its two-hundred day simple moving average is $12.01. Strawberry Fields REIT, Inc. has a twelve month low of $8.70 and a twelve month high of $14.00. The company has a market capitalization of $168.72 million, a price-to-earnings ratio of 25.22, a PEG ratio of 1.16 and a beta of 0.36.
Analyst Ratings Changes
Several research analysts have commented on the stock. Zacks Research downgraded shares of Strawberry Fields REIT from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, November 5th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $15.00 target price on shares of Strawberry Fields REIT in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $12.88.
Read Our Latest Stock Report on STRW
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in STRW. Bank of America Corp DE increased its stake in shares of Strawberry Fields REIT by 52.9% in the fourth quarter. Bank of America Corp DE now owns 4,725 shares of the company's stock worth $50,000 after buying an additional 1,634 shares during the period. Cubist Systematic Strategies LLC bought a new stake in Strawberry Fields REIT in the 1st quarter worth $121,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Strawberry Fields REIT by 58.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,431 shares of the company's stock valued at $65,000 after acquiring an additional 2,011 shares during the period. Jones Financial Companies Lllp purchased a new position in shares of Strawberry Fields REIT in the first quarter valued at about $984,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of Strawberry Fields REIT by 14.0% during the first quarter. Goldman Sachs Group Inc. now owns 17,182 shares of the company's stock valued at $205,000 after acquiring an additional 2,104 shares during the last quarter.
About Strawberry Fields REIT
(
Get Free Report)
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.
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