Nisa Investment Advisors LLC Increases Stock Position in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI)

Nisa Investment Advisors LLC raised its position in shares of Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) by 260.8% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,691 shares of the company’s stock after buying an additional 13,511 shares during the period. Nisa Investment Advisors LLC owned about 0.09% of Chicago Atlantic Real Estate Finance worth $284,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Intrepid Capital Management Inc. lifted its position in shares of Chicago Atlantic Real Estate Finance by 503.1% in the 4th quarter. Intrepid Capital Management Inc. now owns 711,127 shares of the company’s stock worth $10,966,000 after purchasing an additional 593,218 shares during the period. Tidal Investments LLC lifted its position in shares of Chicago Atlantic Real Estate Finance by 0.9% in the 4th quarter. Tidal Investments LLC now owns 489,926 shares of the company’s stock worth $7,555,000 after purchasing an additional 4,316 shares during the period. Northern Trust Corp lifted its position in shares of Chicago Atlantic Real Estate Finance by 9.6% in the 4th quarter. Northern Trust Corp now owns 149,804 shares of the company’s stock worth $2,310,000 after purchasing an additional 13,113 shares during the period. HighTower Advisors LLC lifted its position in shares of Chicago Atlantic Real Estate Finance by 2.8% in the 4th quarter. HighTower Advisors LLC now owns 78,566 shares of the company’s stock worth $1,211,000 after purchasing an additional 2,148 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of Chicago Atlantic Real Estate Finance by 92.1% in the 4th quarter. JPMorgan Chase & Co. now owns 65,465 shares of the company’s stock worth $1,009,000 after purchasing an additional 31,391 shares during the period. 25.48% of the stock is owned by hedge funds and other institutional investors.

Chicago Atlantic Real Estate Finance Trading Up 0.6%

NASDAQ:REFI opened at $13.78 on Thursday. The company has a 50-day moving average price of $14.37 and a 200-day moving average price of $14.87. 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 cap of $288.97 million, a price-to-earnings ratio of 7.33 and a beta of 0.24.

Chicago Atlantic Real Estate Finance Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a $0.47 dividend. The ex-dividend date was Monday, June 30th. This represents a $1.88 annualized dividend and a dividend yield of 13.64%. Chicago Atlantic Real Estate Finance’s dividend payout ratio is 100.00%.

Chicago Atlantic Real Estate Finance 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.