Deutsche Bank AG Raises Stock Holdings in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI)

Deutsche Bank AG raised its position in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) by 91.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,557 shares of the company’s stock after buying an additional 4,569 shares during the quarter. Deutsche Bank AG’s holdings in Chicago Atlantic Real Estate Finance were worth $147,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its stake in Chicago Atlantic Real Estate Finance by 5.4% in the fourth quarter. Geode Capital Management LLC now owns 12,982 shares of the company’s stock valued at $201,000 after buying an additional 663 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Chicago Atlantic Real Estate Finance by 3.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 22,371 shares of the company’s stock valued at $345,000 after buying an additional 687 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in Chicago Atlantic Real Estate Finance by 33.5% in the fourth quarter. Russell Investments Group Ltd. now owns 3,321 shares of the company’s stock valued at $51,000 after buying an additional 833 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Chicago Atlantic Real Estate Finance by 45.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,667 shares of the company’s stock valued at $41,000 after purchasing an additional 838 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Chicago Atlantic Real Estate Finance by 4.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 44,659 shares of the company’s stock valued at $689,000 after purchasing an additional 1,842 shares during the period. Hedge funds and other institutional investors own 25.48% of the company’s stock.

Chicago Atlantic Real Estate Finance Price Performance

Chicago Atlantic Real Estate Finance stock opened at $14.45 on Wednesday. The business has a 50 day simple moving average of $14.39 and a 200-day simple moving average of $15.28. Chicago Atlantic Real Estate Finance, Inc. has a 12 month low of $12.76 and a 12 month high of $16.47. The stock has a market capitalization of $302.97 million, a PE ratio of 7.23 and a beta of 0.26.

Chicago Atlantic Real Estate Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a $0.47 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.88 annualized dividend and a yield of 13.01%. Chicago Atlantic Real Estate Finance’s dividend payout ratio is currently 100.00%.

Chicago Atlantic Real Estate Finance Company Profile

Chicago Atlantic Real Estate Finance, Inc operates as a commercial real estate finance company in the United States. The company engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its portfolio primarily includes offers senior loans to state-licensed operators in the cannabis industry.