Citadel Advisors LLC Acquires Shares of 22,197 MacKenzie Realty Capital, Inc. (NASDAQ:MKZR)

Citadel Advisors LLC acquired a new stake in MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 22,197 shares of the company’s stock, valued at approximately $70,000. Citadel Advisors LLC owned 0.16% of MacKenzie Realty Capital at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the stock. Legacy Investment Solutions LLC purchased a new stake in MacKenzie Realty Capital in the 4th quarter valued at about $370,000. Geode Capital Management LLC purchased a new stake in MacKenzie Realty Capital in the 4th quarter valued at about $318,000. Ameriprise Financial Inc. purchased a new stake in MacKenzie Realty Capital in the 4th quarter valued at about $253,000. Alliancebernstein L.P. purchased a new stake in shares of MacKenzie Realty Capital in the 4th quarter worth approximately $169,000. Finally, LPL Financial LLC purchased a new stake in shares of MacKenzie Realty Capital in the 4th quarter worth approximately $122,000.

Insider Transactions at MacKenzie Realty Capital

In other news, CEO Robert E. Dixon bought 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 3rd. The stock was bought at an average price of $1.43 per share, with a total value of $28,600.00. Following the completion of the transaction, the chief executive officer now directly owns 231,512 shares of the company’s stock, valued at approximately $331,062.16. The trade was a 9.46% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last quarter, insiders acquired 53,828 shares of company stock valued at $88,138. Company insiders own 0.59% of the company’s stock.

MacKenzie Realty Capital Stock Down 5.2%

Shares of MKZR opened at $0.80 on Wednesday. The company has a 50 day moving average price of $1.10 and a 200-day moving average price of $2.07. MacKenzie Realty Capital, Inc. has a fifty-two week low of $0.75 and a fifty-two week high of $5.50.

MacKenzie Realty Capital (NASDAQ:MKZR) last announced its quarterly earnings results on Thursday, May 15th. The company reported ($0.47) earnings per share for the quarter. The firm had revenue of $4.27 million for the quarter.

MacKenzie Realty Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Monday, March 31st were given a $0.05 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.20 annualized dividend and a dividend yield of 25.11%.

MacKenzie Realty Capital Profile

MacKenzie Realty Capital Inc is a REIT which focused on investing in multifamily housing and office real estate properties located principally in the United States. MacKenzie Realty Capital Inc is based in ORINDA, Calif.