Safety Income & Growth Inc (NASDAQ:SAFE) CFO Geoffrey G. Jervis acquired 689 shares of the stock in a transaction dated Monday, September 18th. The shares were purchased at an average price of $19.37 per share, for a total transaction of $13,345.93. Following the completion of the purchase, the chief financial officer now directly owns 40,037 shares in the company, valued at $775,516.69. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Safety Income & Growth Inc (SAFE) traded down 0.52% on Monday, reaching $19.14. 198,954 shares of the company were exchanged. Safety Income & Growth Inc has a 12-month low of $18.02 and a 12-month high of $20.00. The company’s 50 day moving average is $19.23 and its 200 day moving average is $19.27. The firm has a market capitalization of $348.16 million and a PE ratio of 114.61.

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A number of brokerages recently commented on SAFE. Ladenburg Thalmann Financial Services reiterated a “buy” rating on shares of Safetyome & Growth in a research note on Monday, July 31st. Zacks Investment Research lowered shares of Safetyome & Growth from a “hold” rating to a “sell” rating in a research note on Thursday. UBS AG began coverage on shares of Safetyome & Growth in a research note on Monday, July 17th. They issued a “market perform” rating on the stock. Mizuho began coverage on shares of Safetyome & Growth in a research note on Wednesday, August 30th. They issued a “neutral” rating and a $20.00 price target on the stock. Finally, Raymond James Financial, Inc. began coverage on shares of Safetyome & Growth in a research note on Tuesday, July 18th. They issued a “market perform” rating on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $20.80.

Hedge funds have recently made changes to their positions in the business. Pinnacle Associates Ltd. bought a new stake in Safetyome & Growth in the second quarter worth about $196,000. Salem Investment Counselors Inc. bought a new stake in Safetyome & Growth in the second quarter worth about $479,000. Goldman Sachs Group Inc. bought a new stake in Safetyome & Growth in the second quarter worth about $1,420,000. Macquarie Group Ltd. bought a new stake in Safetyome & Growth in the second quarter worth about $2,873,000. Finally, Forward Management LLC bought a new stake in Safetyome & Growth in the second quarter worth about $4,213,000.

About Safetyome & Growth

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

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