Greg Curtis Flamion Buys 1,431 Shares of Strawberry Fields REIT (NASDAQ:STRW) Stock

Strawberry Fields REIT, Inc. (NASDAQ:STRW) CFO Greg Curtis Flamion bought 1,431 shares of Strawberry Fields REIT stock in a transaction dated Friday, January 16th. The shares were bought at an average cost of $13.10 per share, for a total transaction of $18,746.10. Following the completion of the transaction, the chief financial officer owned 3,353 shares of the company’s stock, valued at approximately $43,924.30. This trade represents a 74.45% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Strawberry Fields REIT Stock Performance

Shares of NASDAQ STRW opened at $13.12 on Friday. The stock has a 50 day moving average price of $13.05 and a 200 day moving average price of $12.03. The firm has a market capitalization of $172.13 million, a price-to-earnings ratio of 25.73, a PEG ratio of 1.16 and a beta of 0.36. Strawberry Fields REIT, Inc. has a 52-week low of $8.70 and a 52-week high of $14.00.

Analysts Set New Price Targets

Several research firms recently weighed in on STRW. Cantor Fitzgerald restated an “overweight” rating and issued a $15.00 price objective on shares of Strawberry Fields REIT in a report on Monday, January 5th. Zacks Research downgraded shares of Strawberry Fields REIT from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Strawberry Fields REIT presently has an average rating of “Moderate Buy” and an average target price of $12.88.

Institutional Investors Weigh In On Strawberry Fields REIT

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

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.