Keeley Teton Advisors LLC Makes New $1.65 Million Investment in Strawberry Fields REIT, Inc. (NASDAQ:STRW)

Keeley Teton Advisors LLC acquired a new stake in shares of Strawberry Fields REIT, Inc. (NASDAQ:STRW - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 156,602 shares of the company's stock, valued at approximately $1,651,000. Keeley Teton Advisors LLC owned 2.09% of Strawberry Fields REIT at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wells Fargo & Company MN raised its stake in Strawberry Fields REIT by 39.6% during the 4th quarter. Wells Fargo & Company MN now owns 3,902 shares of the company's stock worth $41,000 after buying an additional 1,107 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of Strawberry Fields REIT during the fourth quarter worth approximately $109,000. JPMorgan Chase & Co. lifted its holdings in shares of Strawberry Fields REIT by 143.5% in the 4th quarter. JPMorgan Chase & Co. now owns 23,305 shares of the company's stock worth $246,000 after purchasing an additional 13,733 shares in the last quarter. Hillsdale Investment Management Inc. acquired a new stake in Strawberry Fields REIT in the 4th quarter valued at $274,000. Finally, First Eagle Investment Management LLC acquired a new stake in Strawberry Fields REIT in the 4th quarter valued at $528,000.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on STRW. Compass Point set a $14.00 price objective on shares of Strawberry Fields REIT in a research note on Wednesday, January 15th. Wedbush raised their target price on Strawberry Fields REIT from $12.00 to $14.00 and gave the company an "outperform" rating in a report on Wednesday, March 5th.

Insider Buying and Selling at Strawberry Fields REIT

In other Strawberry Fields REIT news, Director Michael Blisko purchased 10,000 shares of the stock in a transaction dated Tuesday, April 8th. The shares were bought at an average price of $9.25 per share, with a total value of $92,500.00. Following the completion of the transaction, the director now directly owns 314,582 shares in the company, valued at approximately $2,909,883.50. This trade represents a 3.28 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 10.60% of the company's stock.

Strawberry Fields REIT Stock Down 0.8 %

NASDAQ STRW traded down $0.09 during trading hours on Monday, reaching $10.88. 6,381 shares of the company were exchanged, compared to its average volume of 86,586. The company has a market cap of $133.32 million, a PE ratio of 21.33, a P/E/G ratio of 1.16 and a beta of 0.38. The firm has a 50 day simple moving average of $11.59. Strawberry Fields REIT, Inc. has a 1 year low of $8.53 and a 1 year high of $12.90.

Strawberry Fields REIT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 5.15%. The ex-dividend date was Monday, March 17th. Strawberry Fields REIT's dividend payout ratio is currently 98.25%.

About Strawberry Fields REIT

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.