137,963 Shares in Chicago Atlantic Real Estate Finance, Inc. $REFI Acquired by Clayton Partners LLC

Clayton Partners LLC bought a new position in shares of Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 137,963 shares of the company’s stock, valued at approximately $1,765,000. Chicago Atlantic Real Estate Finance accounts for approximately 1.3% of Clayton Partners LLC’s holdings, making the stock its 29th largest position. Clayton Partners LLC owned approximately 0.65% of Chicago Atlantic Real Estate Finance as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fielder Capital Group LLC increased its position in shares of Chicago Atlantic Real Estate Finance by 4.9% during the third quarter. Fielder Capital Group LLC now owns 809,425 shares of the company’s stock worth $10,353,000 after acquiring an additional 37,922 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Chicago Atlantic Real Estate Finance by 123.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 47,909 shares of the company’s stock worth $613,000 after purchasing an additional 26,458 shares in the last quarter. Doliver Advisors LP raised its stake in shares of Chicago Atlantic Real Estate Finance by 28.8% in the 3rd quarter. Doliver Advisors LP now owns 103,758 shares of the company’s stock valued at $1,327,000 after purchasing an additional 23,170 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Chicago Atlantic Real Estate Finance by 2.1% in the third quarter. Vanguard Group Inc. now owns 940,997 shares of the company’s stock valued at $12,035,000 after purchasing an additional 19,227 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of Chicago Atlantic Real Estate Finance during the first quarter worth about $186,000. Institutional investors and hedge funds own 25.48% of the company’s stock.

Chicago Atlantic Real Estate Finance Trading Up 1.9%

NASDAQ:REFI opened at $11.95 on Friday. The stock has a market capitalization of $251.91 million, a PE ratio of 7.07 and a beta of 0.22. Chicago Atlantic Real Estate Finance, Inc. has a 1-year low of $11.62 and a 1-year high of $16.27. The firm has a fifty day simple moving average of $12.41 and a 200 day simple moving average of $12.92.

Chicago Atlantic Real Estate Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.47 per share. The ex-dividend date was Wednesday, December 31st. This represents a $1.88 annualized dividend and a dividend yield of 15.7%. Chicago Atlantic Real Estate Finance’s payout ratio is currently 111.24%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Oppenheimer set a $14.00 target price on Chicago Atlantic Real Estate Finance in a research report on Thursday, November 6th. Zacks Research upgraded shares of Chicago Atlantic Real Estate Finance from a “strong sell” rating to a “hold” rating in a report on Monday, January 5th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $14.00.

Chicago Atlantic Real Estate Finance Profile

Chicago Atlantic Real Estate Finance, Inc (NASDAQ:REFI) is a publicly listed real estate finance company that specializes in originating and acquiring commercial real estate debt. Pursuant to its election to be treated as a real estate investment trust (REIT), REFI’s investment strategy focuses on floating-rate senior mortgage loans secured by income-producing properties across the United States. The company targets stabilized, performing assets in sectors such as multifamily, office, retail and industrial, aiming to generate attractive risk-adjusted returns through current income.

Established in 2015 and headquartered in Chicago, Illinois, REFI completed its initial public offering in 2019.