Strawberry Fields REIT (NASDAQ:STRW) CIO Jeffrey Bajtner Buys 1,431 Shares of Stock

Strawberry Fields REIT, Inc. (NASDAQ:STRW) CIO Jeffrey Bajtner purchased 1,431 shares of the stock in a transaction dated Friday, January 16th. The stock was acquired at an average cost of $13.10 per share, for a total transaction of $18,746.10. Following the transaction, the executive owned 3,605 shares of the company’s stock, valued at approximately $47,225.50. This trade represents a 65.82% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Strawberry Fields REIT Trading Up 0.4%

Shares of STRW stock opened at $12.86 on Friday. The firm’s 50 day moving average is $13.03 and its 200 day moving average is $12.01. The stock has a market capitalization of $168.72 million, a P/E ratio of 25.22, a PEG ratio of 1.16 and a beta of 0.36. Strawberry Fields REIT, Inc. has a 12 month low of $8.70 and a 12 month high of $14.00.

Institutional Investors Weigh In On Strawberry Fields REIT

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

Wall Street Analysts Forecast Growth

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

About Strawberry Fields REIT

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.