Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) Shares Bought by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. raised its position in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) by 315.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 68,677 shares of the company’s stock after buying an additional 52,134 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned about 0.35% of Chicago Atlantic Real Estate Finance worth $1,065,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC increased its stake in Chicago Atlantic Real Estate Finance by 4.5% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 17,501 shares of the company’s stock valued at $276,000 after buying an additional 747 shares during the period. Commonwealth Equity Services LLC grew its stake 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 period. Price T Rowe Associates Inc. MD grew its stake in shares of Chicago Atlantic Real Estate Finance by 5.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 23,105 shares of the company’s stock worth $365,000 after purchasing an additional 1,111 shares during the period. Rhumbline Advisers grew its stake in shares of Chicago Atlantic Real Estate Finance by 7.7% during the 2nd quarter. Rhumbline Advisers now owns 23,754 shares of the company’s stock worth $365,000 after purchasing an additional 1,689 shares during the period. Finally, Renaissance Technologies LLC grew its stake 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 purchasing an additional 5,400 shares during the period. 25.48% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Chicago Atlantic Real Estate Finance

In other Chicago Atlantic Real Estate Finance news, insider John Mazarakis acquired 2,779 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were purchased at an average cost of $15.82 per share, with a total value of $43,963.78. Following the purchase, the insider now 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 purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 12.30% of the company’s stock.

Chicago Atlantic Real Estate Finance Stock Up 0.3 %

NASDAQ:REFI opened at $16.09 on Thursday. Chicago Atlantic Real Estate Finance, Inc. has a fifty-two week low of $14.82 and a fifty-two week high of $17.65. The stock has a market cap of $315.85 million, a PE ratio of 8.05 and a beta of 0.21. The firm’s fifty day simple moving average is $15.60 and its 200-day simple moving average is $15.64.

Chicago Atlantic Real Estate Finance Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 11.68%. Chicago Atlantic Real Estate Finance’s dividend payout ratio (DPR) is presently 94.00%.

About Chicago Atlantic Real Estate Finance

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.