Strawberry Fields REIT (NYSEAMERICAN:STRW) Shares Down 1.3%

Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW - Get Free Report) was down 1.3% during mid-day trading on Tuesday . The stock traded as low as $11.70 and last traded at $11.70. Approximately 11,349 shares were traded during trading, a decline of 22% from the average daily volume of 14,508 shares. The stock had previously closed at $11.85.

Strawberry Fields REIT Trading Down 0.4 %

The firm has a market capitalization of $80.15 million, a P/E ratio of 27.09 and a beta of 0.25.

Strawberry Fields REIT Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 4.46%. The ex-dividend date of this dividend is Monday, September 16th. Strawberry Fields REIT's payout ratio is currently 120.93%.

Insider Activity at Strawberry Fields REIT

In other news, CEO Moishe Gubin acquired 9,529 shares of Strawberry Fields REIT stock in a transaction that occurred on Monday, July 22nd. The shares were acquired at an average price of $9.95 per share, with a total value of $94,813.55. Following the completion of the purchase, the chief executive officer now owns 450,111 shares of the company's stock, valued at approximately $4,478,604.45. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 10.60% of the company's stock.

Hedge Funds Weigh In On Strawberry Fields REIT

A hedge fund recently bought a new stake in Strawberry Fields REIT stock. Rhumbline Advisers bought a new position in shares of Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,981 shares of the company's stock, valued at approximately $57,000. Rhumbline Advisers owned approximately 0.08% of Strawberry Fields REIT as of its most recent filing with the Securities and Exchange Commission.

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.