Jernigan Capital Inc (NYSE:JCAP) Director James D. Dondero sold 18,500 shares of the stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $10.76, for a total value of $199,060.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

NYSE JCAP opened at $10.16 on Thursday. The stock has a market capitalization of $217.36 million, a PE ratio of 8.99 and a beta of 0.53. The business has a 50 day simple moving average of $17.42 and a two-hundred day simple moving average of $18.46. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.18 and a quick ratio of 0.18. Jernigan Capital Inc has a 1-year low of $8.83 and a 1-year high of $22.20.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 9.06%. The ex-dividend date is Tuesday, March 31st. Jernigan Capital’s dividend payout ratio is presently 73.68%.

Several analysts recently issued reports on the company. KeyCorp increased their target price on Jernigan Capital from $20.00 to $23.00 and gave the stock an “overweight” rating in a research report on Friday, January 24th. Zacks Investment Research cut Jernigan Capital from a “hold” rating to a “sell” rating in a research report on Friday, February 21st. Finally, B. Riley reiterated a “buy” rating and set a $26.00 target price on shares of Jernigan Capital in a research report on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. Jernigan Capital currently has an average rating of “Hold” and a consensus price target of $23.33.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC grew its holdings in Jernigan Capital by 151.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,796 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 1,081 shares in the last quarter. Great West Life Assurance Co. Can purchased a new position in Jernigan Capital during the 4th quarter valued at approximately $46,000. Nisa Investment Advisors LLC grew its holdings in Jernigan Capital by 36.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 3,865 shares of the real estate investment trust’s stock valued at $74,000 after buying an additional 1,034 shares in the last quarter. Citigroup Inc. lifted its stake in shares of Jernigan Capital by 277.7% in the 4th quarter. Citigroup Inc. now owns 4,461 shares of the real estate investment trust’s stock valued at $85,000 after purchasing an additional 3,280 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of Jernigan Capital in the 4th quarter valued at approximately $87,000. Institutional investors and hedge funds own 75.48% of the company’s stock.

About Jernigan Capital

Jernigan Capital, Inc is a New York Stock Exchange-listed real estate investment trust (NYSE: JCAP) that provides debt and equity capital to private developers, owners, and operators of self-storage facilities. Our mission is to be the preeminent capital partner for self-storage entrepreneurs nationwide by offering creative solutions through an experienced team demonstrating the highest levels of integrity, dedication, excellence and community, while maximizing shareholder value.

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Insider Buying and Selling by Quarter for Jernigan Capital (NYSE:JCAP)

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