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

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) CFO Charles Brent Jr. Winn acquired 6,000 shares of the company’s stock in a transaction on Friday, December 13th. The stock was bought at an average cost of $12.50 per share, with a total value of $75,000.00. Following the completion of the acquisition, the chief financial officer now directly owns 44,424 shares in the company, valued at approximately $555,300. This represents a 15.62 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link.

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

Medalist Diversified REIT Trading Up 10.0 %

NASDAQ MDRR opened at $14.48 on Thursday. Medalist Diversified REIT, Inc. has a 1 year low of $8.24 and a 1 year high of $15.00. The firm has a market cap of $16.15 million, a price-to-earnings ratio of -65.82 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 4.01. The stock’s 50 day moving average price is $12.31.

Medalist Diversified REIT Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 21st. Stockholders of record on Wednesday, October 16th were paid a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, October 16th. This represents a $0.24 annualized dividend and a dividend yield of 1.66%. Medalist Diversified REIT’s payout ratio is -109.09%.

Institutional Trading of Medalist Diversified REIT

An institutional investor recently raised its position in Medalist Diversified REIT stock. Renaissance Technologies LLC grew its holdings in shares of Medalist Diversified REIT, Inc. (NASDAQ:MDRR) by 7.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,449 shares of the company’s stock after acquiring an additional 900 shares during the quarter. Renaissance Technologies LLC owned 1.11% of Medalist Diversified REIT worth $72,000 at the end of the most recent quarter. Hedge funds and other institutional investors 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.