Strawberry Fields REIT, Inc. (NASDAQ:STRW) Shares Purchased by Cwm LLC

Cwm LLC increased its holdings in shares of Strawberry Fields REIT, Inc. (NASDAQ:STRW) by 36,616.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,203 shares of the company’s stock after purchasing an additional 2,197 shares during the period. Cwm LLC’s holdings in Strawberry Fields REIT were worth $26,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of STRW. JPMorgan Chase & Co. boosted its stake in Strawberry Fields REIT by 143.5% during the 4th quarter. JPMorgan Chase & Co. now owns 23,305 shares of the company’s stock worth $246,000 after purchasing an additional 13,733 shares during the period. Geode Capital Management LLC lifted its stake in shares of Strawberry Fields REIT by 5.9% in the 4th quarter. Geode Capital Management LLC now owns 104,247 shares of the company’s stock worth $1,099,000 after acquiring an additional 5,802 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Strawberry Fields REIT by 39.6% in the 4th quarter. Wells Fargo & Company MN now owns 3,902 shares of the company’s stock worth $41,000 after acquiring an additional 1,107 shares during the period. Barclays PLC lifted its stake in shares of Strawberry Fields REIT by 637.2% in the 4th quarter. Barclays PLC now owns 64,112 shares of the company’s stock worth $676,000 after acquiring an additional 55,415 shares during the period. Finally, Keeley Teton Advisors LLC acquired a new stake in shares of Strawberry Fields REIT in the 4th quarter worth $1,651,000.

Strawberry Fields REIT Stock Performance

STRW stock opened at $10.10 on Wednesday. The company has a fifty day moving average of $10.43 and a 200-day moving average of $10.95. The stock has a market capitalization of $125.69 million, a PE ratio of 19.80, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39. Strawberry Fields REIT, Inc. has a one year low of $8.70 and a one year high of $12.90.

Strawberry Fields REIT Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 16th were issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date was Monday, June 16th. Strawberry Fields REIT’s dividend payout ratio (DPR) is currently 96.55%.

Wall Street Analyst Weigh In

Several research firms have recently commented on STRW. Compass Point cut shares of Strawberry Fields REIT from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $12.20 to $10.65 in a research note on Wednesday, July 2nd. Wedbush upgraded shares of Strawberry Fields REIT to a “strong-buy” rating in a research note on Wednesday, July 2nd.

Insider Activity

In related news, Director Jack Levine purchased 10,000 shares of the business’s stock in a transaction dated Tuesday, July 8th. The stock was acquired at an average price of $9.92 per share, for a total transaction of $99,200.00. Following the acquisition, the director directly owned 130,000 shares of the company’s stock, valued at $1,289,600. This trade represents a 8.33% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders have bought 12,904 shares of company stock valued at $129,561. Company insiders own 10.60% of the company’s stock.

Strawberry Fields REIT Company Profile

Strawberry Fields REIT, Inc engages in the ownership, acquisition, development, and leasing of skilled nursing and certain other healthcare-related properties. The company was founded by Moishe Gubin in 2014 and is headquartered in South Bend, IN.