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

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) CFO Charles Brent Jr. Winn bought 1,100 shares of Medalist Diversified REIT stock in a transaction dated Friday, November 15th. The stock was acquired at an average cost of $12.27 per share, for a total transaction of $13,497.00. Following the completion of the transaction, the chief financial officer now directly owns 37,324 shares in the company, valued at approximately $457,965.48. This trade represents a 3.04 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

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

Medalist Diversified REIT Trading Down 0.3 %

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

Medalist Diversified REIT Cuts Dividend

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

Institutional Trading of Medalist Diversified REIT

An institutional investor recently bought a new position in Medalist Diversified REIT stock. EP Wealth Advisors LLC bought a new stake in shares of Medalist Diversified REIT, Inc. (NASDAQ:MDRR) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 45,345 shares of the company’s stock, valued at approximately $545,000. EP Wealth Advisors LLC owned 4.07% of Medalist Diversified REIT at the end of the most recent quarter. Institutional investors and hedge funds own 17.40% of the company’s stock.

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.