Safety Income & Growth Inc (NASDAQ:SAFE) CFO Geoffrey G. Jervis bought 1,218 shares of Safetyome & Growth stock in a transaction that occurred on Wednesday, August 9th. The stock was purchased at an average cost of $18.96 per share, for a total transaction of $23,093.28. Following the purchase, the chief financial officer now owns 32,775 shares of the company’s stock, valued at $621,414. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Safety Income & Growth Inc (NASDAQ:SAFE) traded down 1.06% on Wednesday, hitting $18.72. The stock had a trading volume of 174,354 shares. The company has a 50 day moving average price of $19.18 and a 200-day moving average price of $19.18. The stock has a market cap of $340.52 million and a PE ratio of 112.10. Safety Income & Growth Inc has a 12 month low of $18.02 and a 12 month high of $20.00.

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A number of research analysts recently commented on SAFE shares. Ladenburg Thalmann Financial Services started coverage on Safetyome & Growth in a research note on Friday, July 14th. They issued a “buy” rating and a $22.00 target price on the stock. 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 target price on the stock. J P Morgan Chase & Co started coverage on Safetyome & Growth in a research note on Monday, July 17th. They issued a “neutral” rating and a $21.00 target price on the stock. Bank of America Corporation reissued a “neutral” rating and issued a $20.00 target price on shares of Safetyome & Growth in a research note on Monday, July 17th. Finally, UBS AG started coverage on Safetyome & Growth in a research note on Monday, July 17th. They issued a “market perform” rating on the stock. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $21.00.

Hedge funds have recently made changes to their positions in the company. Pinnacle Associates Ltd. bought a new stake in shares of Safetyome & Growth during the second quarter valued at approximately $196,000. Forward Management LLC acquired a new stake in shares of Safetyome & Growth during the second quarter valued at about $4,213,000. Finally, State of New Jersey Common Pension Fund D acquired a new stake in shares of Safetyome & Growth during the second quarter valued at about $6,703,000.

About Safetyome & Growth

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

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