Medalist Diversified REIT, Inc. (NASDAQ:MDRR) CFO Charles Brent Jr. Winn Acquires 6,000 Shares of Stock

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) CFO Charles Brent Jr. Winn purchased 6,000 shares of the business’s stock in a transaction dated Friday, December 13th. The shares were acquired at an average price of $12.50 per share, for a total transaction of $75,000.00. Following the acquisition, the chief financial officer now owns 44,424 shares of the company’s stock, valued at $555,300. This trade represents a 15.62 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Wednesday, December 4th, Charles Brent Jr. Winn bought 200 shares of Medalist Diversified REIT stock. The shares were bought at an average cost of $12.15 per share, with a total value of $2,430.00.
• On Monday, December 2nd, Charles Brent Jr. Winn purchased 150 shares of Medalist Diversified REIT stock. The stock was bought at an average price of $12.15 per share, for a total transaction of $1,822.50.
• On Monday, November 18th, Charles Brent Jr. Winn acquired 321 shares of Medalist Diversified REIT stock. The shares were bought at an average price of $12.25 per share, with a total value of $3,932.25.
• On Friday, November 15th, Charles Brent Jr. Winn bought 1,100 shares of Medalist Diversified REIT stock. The stock was bought at an average price of $12.27 per share, for a total transaction of $13,497.00.

Medalist Diversified REIT Stock Performance

Medalist Diversified REIT stock opened at $13.17 on Wednesday. The company has a market cap of $14.68 million, a price-to-earnings ratio of -59.84 and a beta of 0.73. Medalist Diversified REIT, Inc. has a 52-week low of $8.24 and a 52-week high of $14.94. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 3.05. The stock’s 50 day moving average price is $12.25.

Medalist Diversified REIT Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 21st. Investors of record on Wednesday, October 16th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date was Wednesday, October 16th. Medalist Diversified REIT’s dividend payout ratio is presently -109.09%.

Institutional Trading of Medalist Diversified REIT

A hedge fund recently bought a new stake 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 13F filing with the Securities and Exchange Commission. The institutional investor bought 45,345 shares of the company’s stock, valued at approximately $545,000. EP Wealth Advisors LLC owned approximately 4.07% of Medalist Diversified REIT at the end of the most recent reporting period. 17.40% of the stock is owned by hedge funds and other 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.