Safety Income & Growth Inc (NASDAQ:SAFE) CFO Geoffrey G. Jervis acquired 901 shares of the stock in a transaction on Friday, August 25th. The shares were purchased at an average price of $19.41 per share, for a total transaction of $17,488.41. Following the transaction, the chief financial officer now directly owns 36,374 shares in the company, valued at $706,019.34. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Safety Income & Growth Inc (NASDAQ:SAFE) traded up 0.26% during mid-day trading on Friday, hitting $19.37. The stock had a trading volume of 98,013 shares. The stock has a market capitalization of $352.34 million and a P/E ratio of 115.99. Safety Income & Growth Inc has a 52 week low of $18.02 and a 52 week high of $20.00. The company’s 50 day moving average is $19.16 and its 200-day moving average is $19.18.

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A number of institutional investors have recently made changes to their positions in SAFE. FMR LLC bought a new position in shares of Safetyome & Growth during the second quarter worth approximately $41,620,000. V3 Capital Management L.P. bought a new position in shares of Safetyome & Growth during the second quarter worth approximately $8,139,000. State of New Jersey Common Pension Fund D bought a new position in shares of Safetyome & Growth during the second quarter worth approximately $6,703,000. Vanguard Group Inc. bought a new position in shares of Safetyome & Growth during the second quarter worth approximately $4,787,000. Finally, Balyasny Asset Management LLC bought a new position in shares of Safetyome & Growth during the second quarter worth approximately $4,286,000.

Several analysts have recently issued reports on the company. Ladenburg Thalmann Financial Services reissued a “buy” rating on shares of Safetyome & Growth in a report on Monday, July 31st. Raymond James Financial, Inc. assumed coverage on Safetyome & Growth in a report on Tuesday, July 18th. They set a “market perform” rating on the stock. UBS AG assumed coverage on Safetyome & Growth in a report on Monday, July 17th. They set a “market perform” rating on the stock. Bank of America Corp reissued a “neutral” rating and set a $20.00 target price on shares of Safetyome & Growth in a report on Monday, July 17th. Finally, J P Morgan Chase & Co assumed coverage on Safetyome & Growth in a report on Monday, July 17th. They set a “neutral” rating and a $21.00 target price on the stock. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $21.00.

About Safetyome & Growth

Insider Buying and Selling by Quarter for Safetyome & Growth (NASDAQ:SAFE)

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