Medalist Diversified REIT, Inc. (NASDAQ:MDRR) CFO Charles Brent Jr. Winn Purchases 11,000 Shares of Stock

Medalist Diversified REIT, Inc. (NASDAQ:MDRRGet Rating) CFO Charles Brent Jr. Winn purchased 11,000 shares of the business’s stock in a transaction on Tuesday, June 14th. The stock was purchased at an average cost of $0.91 per share, for a total transaction of $10,010.00. Following the completion of the acquisition, the chief financial officer now directly owns 222,084 shares of the company’s stock, valued at approximately $202,096.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Charles Brent Jr. Winn also recently made the following trade(s):

  • On Thursday, May 12th, Charles Brent Jr. Winn purchased 41,997 shares of Medalist Diversified REIT stock. The stock was purchased at an average cost of $0.93 per share, for a total transaction of $39,057.21.

NASDAQ MDRR opened at $0.90 on Wednesday. The firm’s fifty day simple moving average is $1.01 and its two-hundred day simple moving average is $1.04. The company has a current ratio of 6.26, a quick ratio of 6.26 and a debt-to-equity ratio of 2.72. Medalist Diversified REIT, Inc. has a 12-month low of $0.87 and a 12-month high of $1.62. The firm has a market capitalization of $15.71 million, a P/E ratio of -5.30 and a beta of 0.77.

The company also recently declared a quarterly dividend, which was paid on Thursday, April 21st. Shareholders of record on Monday, April 18th were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 8.88%. The ex-dividend date was Thursday, April 14th. Medalist Diversified REIT’s dividend payout ratio is currently -47.06%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MDRR. Wells Fargo & Company MN lifted its position in Medalist Diversified REIT by 218,123.6% during the second quarter. Wells Fargo & Company MN now owns 480,092 shares of the company’s stock valued at $653,000 after purchasing an additional 479,872 shares during the period. Geode Capital Management LLC raised its position in shares of Medalist Diversified REIT by 183.7% in the third quarter. Geode Capital Management LLC now owns 235,933 shares of the company’s stock worth $294,000 after acquiring an additional 152,762 shares during the period. Citadel Advisors LLC increased its stake in shares of Medalist Diversified REIT by 168.9% during the second quarter. Citadel Advisors LLC now owns 97,461 shares of the company’s stock worth $133,000 after purchasing an additional 61,223 shares in the last quarter. Two Sigma Advisers LP purchased a new stake in shares of Medalist Diversified REIT during the third quarter worth about $84,000. Finally, Virtu Financial LLC purchased a new stake in shares of Medalist Diversified REIT during the first quarter worth about $75,000. 18.96% of the stock is currently owned by institutional investors and hedge funds.

Medalist Diversified REIT Company Profile (Get Rating)

Medalist Diversified REIT Inc is a Maryland corporation formed on September 28, 2015. Beginning with our taxable year ended December 31, 2017, we believe that we have operated in a manner qualifying us as a real estate investment trust (REIT), and we have elected to be taxed as a REIT for federal income tax purposes.

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