Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC cut its stake in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) by 21.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 5,180 shares of the company’s stock after selling 1,394 shares during the period. Nisa Investment Advisors LLC’s holdings in Chicago Atlantic Real Estate Finance were worth $83,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in REFI. Larson Financial Group LLC lifted its position in shares of Chicago Atlantic Real Estate Finance by 328.8% during the first quarter. Larson Financial Group LLC now owns 1,578 shares of the company’s stock worth $25,000 after purchasing an additional 1,210 shares during the last quarter. Doliver Advisors LP acquired a new stake in Chicago Atlantic Real Estate Finance during the third quarter valued at approximately $171,000. O Shaughnessy Asset Management LLC lifted its holdings in Chicago Atlantic Real Estate Finance by 4.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 17,501 shares of the company’s stock worth $276,000 after buying an additional 747 shares during the last quarter. Rhumbline Advisers grew its position 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 in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Chicago Atlantic Real Estate Finance by 5.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 23,105 shares of the company’s stock valued at $365,000 after acquiring an additional 1,111 shares during the last quarter. 25.48% of the stock is currently owned by institutional investors.

Chicago Atlantic Real Estate Finance Trading Up 1.2 %

REFI stock opened at $15.77 on Friday. The stock’s 50 day simple moving average is $15.60 and its 200 day simple moving average is $15.64. Chicago Atlantic Real Estate Finance, Inc. has a 12-month low of $14.82 and a 12-month high of $17.65. The firm has a market cap of $309.41 million, a P/E ratio of 7.96 and a beta of 0.21.

Chicago Atlantic Real Estate Finance Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.47 dividend. The ex-dividend date was Monday, September 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 11.92%. Chicago Atlantic Real Estate Finance’s payout ratio is currently 94.95%.

Chicago Atlantic Real Estate Finance Company 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.