Martingale Asset Management L P Grows Position in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI)

Martingale Asset Management L P lifted its holdings in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) by 10.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,045 shares of the company’s stock after buying an additional 1,703 shares during the period. Martingale Asset Management L P owned approximately 0.09% of Chicago Atlantic Real Estate Finance worth $280,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its holdings in shares of Chicago Atlantic Real Estate Finance by 2.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 37,337 shares of the company’s stock worth $574,000 after purchasing an additional 909 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Chicago Atlantic Real Estate Finance by 5.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 23,105 shares of the company’s stock worth $365,000 after buying an additional 1,111 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in Chicago Atlantic Real Estate Finance by 6.6% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 21,684 shares of the company’s stock valued at $336,000 after buying an additional 1,349 shares in the last quarter. Rhumbline Advisers increased its stake in shares of Chicago Atlantic Real Estate Finance by 7.7% in the 2nd quarter. Rhumbline Advisers now owns 23,754 shares of the company’s stock worth $365,000 after acquiring an additional 1,689 shares during the last quarter. Finally, Renaissance Technologies LLC raised its holdings in shares of Chicago Atlantic Real Estate Finance by 17.5% during the 2nd quarter. Renaissance Technologies LLC now owns 36,300 shares of the company’s stock worth $558,000 after acquiring an additional 5,400 shares during the period. 25.48% of the stock is currently owned by institutional investors and hedge funds.

Chicago Atlantic Real Estate Finance Trading Down 0.7 %

Chicago Atlantic Real Estate Finance stock opened at $16.08 on Wednesday. The stock has a market cap of $315.65 million, a P/E ratio of 8.04 and a beta of 0.23. The company has a 50-day moving average price of $15.62 and a 200 day moving average price of $15.65. Chicago Atlantic Real Estate Finance, Inc. has a 12-month low of $14.82 and a 12-month high of $17.65.

Chicago Atlantic Real Estate Finance Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $0.47 per share. The ex-dividend date was Monday, September 30th. This represents a $1.88 annualized dividend and a yield of 11.69%. Chicago Atlantic Real Estate Finance’s dividend payout ratio (DPR) is 94.00%.

Insider Buying and Selling at Chicago Atlantic Real Estate Finance

In related news, insider John Mazarakis purchased 2,779 shares of the company’s stock in a transaction on Friday, November 8th. The stock was acquired at an average cost of $15.82 per share, for a total transaction of $43,963.78. Following the completion of the transaction, the insider now directly owns 372,709 shares in the company, valued at approximately $5,896,256.38. The trade was a 0.75 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 12.30% of the company’s stock.

Chicago Atlantic Real Estate Finance Profile

Chicago Atlantic Real Estate Finance, Inc operates as a commercial real estate finance company in the United States. The company engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its portfolio primarily includes offers senior loans to state-licensed operators in the cannabis industry.