Safety Income & Growth Inc (NASDAQ:SAFE) major shareholder Istar Inc. bought 38,592 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were acquired at an average price of $17.91 per share, with a total value of $691,182.72. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Istar Inc. also recently made the following trade(s):

  • On Friday, September 22nd, Istar Inc. bought 55,771 shares of Safetyome & Growth stock. The shares were acquired at an average price of $19.33 per share, with a total value of $1,078,053.43.
  • On Wednesday, September 20th, Istar Inc. bought 80,402 shares of Safetyome & Growth stock. The shares were acquired at an average price of $19.24 per share, with a total value of $1,546,934.48.
  • On Monday, September 18th, Istar Inc. purchased 67,566 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.37 per share, for a total transaction of $1,308,753.42.
  • On Thursday, September 14th, Istar Inc. purchased 115,561 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.54 per share, for a total transaction of $2,258,061.94.
  • On Thursday, September 7th, Istar Inc. purchased 72,960 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.59 per share, for a total transaction of $1,429,286.40.
  • On Friday, September 1st, Istar Inc. purchased 36,338 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.73 per share, for a total transaction of $716,948.74.
  • On Wednesday, August 30th, Istar Inc. purchased 66,970 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.57 per share, for a total transaction of $1,310,602.90.
  • On Friday, August 25th, Istar Inc. purchased 88,376 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.41 per share, for a total transaction of $1,715,378.16.
  • On Tuesday, August 22nd, Istar Inc. purchased 51,503 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.42 per share, for a total transaction of $1,000,188.26.
  • On Friday, August 18th, Istar Inc. purchased 40,061 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.66 per share, for a total transaction of $787,599.26.

Safety Income & Growth Inc (NASDAQ SAFE) opened at $17.71 on Tuesday. Safety Income & Growth Inc has a 52 week low of $17.27 and a 52 week high of $20.00.

Safetyome & Growth (NASDAQ:SAFE) last posted its earnings results on Thursday, October 26th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.16). Safetyome & Growth had a negative net margin of 31.66% and a negative return on equity of 4.24%. The company had revenue of $6.26 billion during the quarter, compared to analysts’ expectations of $5.86 million.

The business also recently announced a special dividend, which was paid on Monday, October 16th. Shareholders of record on Monday, October 2nd were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, September 29th.

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A number of institutional investors and hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System purchased a new position in Safetyome & Growth in the third quarter valued at about $313,000. Pinnacle Associates Ltd. grew its stake in shares of Safetyome & Growth by 90.7% during the third quarter. Pinnacle Associates Ltd. now owns 19,500 shares of the company’s stock worth $363,000 after acquiring an additional 9,275 shares during the last quarter. Schwab Charles Investment Management Inc. purchased a new stake in shares of Safetyome & Growth during the third quarter worth about $215,000. Bank of New York Mellon Corp purchased a new stake in shares of Safetyome & Growth during the third quarter worth about $627,000. Finally, TCW Group Inc. grew its stake in shares of Safetyome & Growth by 37.7% during the third quarter. TCW Group Inc. now owns 32,518 shares of the company’s stock worth $606,000 after acquiring an additional 8,909 shares during the last quarter.

Several brokerages have recently commented on SAFE. Ladenburg Thalmann Financial Services restated a “buy” rating on shares of Safetyome & Growth in a research note on Monday, July 31st. Bank of America Corporation cut their price target on Safetyome & Growth from $20.00 to $18.90 and set a “neutral” rating on the stock in a research note on Monday, November 6th. Zacks Investment Research lowered Safetyome & Growth from a “hold” rating to a “sell” rating in a research note on Thursday, September 14th. UBS AG began coverage on Safetyome & Growth in a research note on Monday, July 17th. They set a “market perform” rating on the stock. Finally, Mizuho began coverage on Safetyome & Growth in a research note on Wednesday, August 30th. They set a “neutral” rating and a $20.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $20.58.

About Safetyome & Growth

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

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