Safety Income & Growth Inc (NASDAQ:SAFE) CFO Geoffrey G. Jervis acquired 582 shares of the stock in a transaction that occurred on Friday, September 22nd. The stock was purchased at an average price of $19.33 per share, for a total transaction of $11,250.06. Following the completion of the purchase, the chief financial officer now directly owns 41,438 shares in the company, valued at approximately $800,996.54. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Safety Income & Growth Inc (NASDAQ:SAFE) opened at 18.62 on Thursday. The company has a 50-day moving average price of $19.27 and a 200-day moving average price of $19.27. Safety Income & Growth Inc has a 52 week low of $18.02 and a 52 week high of $20.00. The company has a market capitalization of $338.70 million and a PE ratio of 111.50.

The business also recently disclosed a special dividend, which will be paid on Monday, October 16th. Stockholders of record on Monday, October 2nd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, September 29th.

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A number of equities research analysts recently issued reports on SAFE shares. Ladenburg Thalmann Financial Services restated a “buy” rating on shares of Safetyome & Growth in a research note on Monday, July 31st. Barclays PLC started coverage on Safetyome & Growth in a research note on Monday, July 17th. They issued an “equal weight” rating and a $21.00 price objective on the stock. Raymond James Financial, Inc. started coverage on Safetyome & Growth in a research note on Tuesday, July 18th. They issued a “market perform” rating on the stock. UBS AG started coverage on Safetyome & Growth in a research note on Monday, July 17th. They issued a “market perform” rating on the stock. Finally, Bank of America Corporation restated a “neutral” rating and issued a $20.00 price objective on shares of Safetyome & Growth in a research note on Monday, July 17th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $20.80.

Several hedge funds and other institutional investors have recently bought and sold shares of SAFE. Macquarie Group Ltd. bought a new stake in Safetyome & Growth during the 2nd quarter valued at approximately $2,873,000. Goldman Sachs Group Inc. purchased a new position in Safetyome & Growth during the 2nd quarter valued at approximately $1,420,000. Salem Investment Counselors Inc. purchased a new position in Safetyome & Growth during the 2nd quarter valued at approximately $479,000. Balyasny Asset Management LLC purchased a new position in Safetyome & Growth during the 2nd quarter valued at approximately $4,286,000. Finally, V3 Capital Management L.P. purchased a new position in Safetyome & Growth during the 2nd quarter valued at approximately $8,139,000.

About Safetyome & Growth

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

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