Strawberry Fields REIT (NASDAQ:STRW) CFO Greg Curtis Flamion Purchases 1,431 Shares

Strawberry Fields REIT, Inc. (NASDAQ:STRW) CFO Greg Curtis Flamion acquired 1,431 shares of the stock in a transaction that occurred on Friday, January 16th. The shares were acquired at an average cost of $13.10 per share, with a total value of $18,746.10. Following the transaction, the chief financial officer owned 3,353 shares in the company, valued at approximately $43,924.30. The trade was a 74.45% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.

Strawberry Fields REIT Stock Up 0.4%

Shares of NASDAQ STRW opened at $12.86 on Friday. The firm’s 50-day moving average price is $13.03 and its two-hundred day moving average price is $12.01. Strawberry Fields REIT, Inc. has a 52-week low of $8.70 and a 52-week high of $14.00. The stock has a market capitalization of $168.72 million, a P/E ratio of 25.22, a P/E/G ratio of 1.16 and a beta of 0.36.

Analysts Set New Price Targets

A number of research firms recently issued reports on STRW. Zacks Research lowered Strawberry Fields REIT from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 5th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $15.00 target price on shares of Strawberry Fields REIT in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $12.88.

Hedge Funds Weigh In On Strawberry Fields REIT

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC raised its stake in Strawberry Fields REIT by 93.5% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,020 shares of the company’s stock valued at $25,000 after acquiring an additional 976 shares in the last quarter. Wexford Capital LP acquired a new position in shares of Strawberry Fields REIT during the third quarter valued at $44,000. Bank of America Corp DE raised its stake in shares of Strawberry Fields REIT by 52.9% during the fourth quarter. Bank of America Corp DE now owns 4,725 shares of the company’s stock valued at $50,000 after purchasing an additional 1,634 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Strawberry Fields REIT by 58.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,431 shares of the company’s stock valued at $65,000 after purchasing an additional 2,011 shares in the last quarter. Finally, Copeland Capital Management LLC acquired a new stake in Strawberry Fields REIT in the third quarter worth about $77,000.

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.