Medalist Diversified REIT, Inc. (NASDAQ:MDRR) CFO Buys $13,497.00 in Stock

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) CFO Charles Brent Jr. Winn acquired 1,100 shares of the company’s stock in a transaction on Friday, November 15th. The shares were purchased at an average cost of $12.27 per share, with a total value of $13,497.00. Following the completion of the purchase, the chief financial officer now directly owns 37,324 shares of the company’s stock, valued at $457,965.48. This trade represents a 3.04 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Charles Brent Jr. Winn also recently made the following trade(s):

• On Monday, August 26th, Charles Brent Jr. Winn bought 1,500 shares of Medalist Diversified REIT stock. The shares were acquired at an average cost of $12.50 per share, for a total transaction of $18,750.00.

Medalist Diversified REIT Price Performance

Shares of NASDAQ:MDRR traded down $0.04 on Monday, hitting $12.26. 547 shares of the company’s stock were exchanged, compared to its average volume of 5,600. The company has a market capitalization of $13.73 million, a PE ratio of -55.73 and a beta of 0.73. Medalist Diversified REIT, Inc. has a 12 month low of $8.24 and a 12 month high of $14.94. The company has a debt-to-equity ratio of 3.05, a current ratio of 4.01 and a quick ratio of 5.06. The stock’s 50 day simple moving average is $12.21.

Medalist Diversified REIT Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 21st. Investors of record on Wednesday, October 16th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Wednesday, October 16th. This represents a $0.24 dividend on an annualized basis and a yield of 1.96%. Medalist Diversified REIT’s payout ratio is -109.09%.

Hedge Funds Weigh In On Medalist Diversified REIT

An institutional investor recently bought a new position in Medalist Diversified REIT stock. EP Wealth Advisors LLC purchased a new stake in Medalist Diversified REIT, Inc. (NASDAQ:MDRR) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 45,345 shares of the company’s stock, valued at approximately $545,000. EP Wealth Advisors LLC owned 4.07% of Medalist Diversified REIT as of its most recent filing with the Securities and Exchange Commission (SEC). 17.40% of the stock is owned by institutional investors.

About Medalist Diversified REIT

Medalist Diversified REIT Inc is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S. The Company's strategy is to focus on commercial real estate which is expected to provide an attractive balance of risk and returns.