Strawberry Fields REIT, Inc. (NYSEAMERICAN:STRW - Get Free Report) traded down 2.8% during mid-day trading on Monday . The stock traded as low as $12.16 and last traded at $12.31. 58,075 shares traded hands during mid-day trading, an increase of 268% from the average session volume of 15,793 shares. The stock had previously closed at $12.66.
Strawberry Fields REIT Trading Down 3.6 %
The stock has a market cap of $88.11 million, a PE ratio of 1.41 and a beta of 0.22.
Strawberry Fields REIT Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 16th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Monday, December 16th. This is a positive change from Strawberry Fields REIT's previous quarterly dividend of $0.13. This represents a $0.56 dividend on an annualized basis and a yield of 4.75%. Strawberry Fields REIT's payout ratio is presently 101.96%.
Hedge Funds Weigh In On Strawberry Fields REIT
A number of institutional investors have recently bought and sold shares of STRW. Allspring Global Investments Holdings LLC purchased a new position in Strawberry Fields REIT during the third quarter worth about $45,000. Rhumbline Advisers purchased a new stake in shares of Strawberry Fields REIT in the 2nd quarter valued at approximately $57,000. Barclays PLC raised its stake 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 acquiring an additional 6,535 shares during the period. Duncan Williams Asset Management LLC purchased a new stake in shares of Strawberry Fields REIT in the 3rd quarter valued at approximately $192,000. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Strawberry Fields REIT by 20.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 16,174 shares of the company's stock valued at $205,000 after acquiring an additional 2,774 shares during the period.
About Strawberry Fields REIT
(
Get Free Report)
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.
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