Safety Income & Growth Inc (NASDAQ:SAFE) major shareholder Istar Inc. acquired 72,960 shares of Safetyome & Growth stock in a transaction dated Thursday, September 7th. The stock was bought at an average price of $19.59 per share, for a total transaction of $1,429,286.40. Following the completion of the purchase, the insider now owns 5,981,532 shares of the company’s stock, valued at approximately $117,178,211.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Istar Inc. also recently made the following trade(s):

  • On Friday, September 1st, Istar Inc. acquired 36,338 shares of Safetyome & Growth stock. The stock was bought at an average price of $19.73 per share, for a total transaction of $716,948.74.
  • On Wednesday, August 30th, Istar Inc. acquired 66,970 shares of Safetyome & Growth stock. The stock was bought at an average price of $19.57 per share, for a total transaction of $1,310,602.90.
  • On Friday, August 25th, Istar Inc. acquired 88,376 shares of Safetyome & Growth stock. The stock was bought at an average price of $19.41 per share, for a total transaction of $1,715,378.16.
  • On Tuesday, August 22nd, Istar Inc. acquired 51,503 shares of Safetyome & Growth stock. The stock was bought at an average price of $19.42 per share, for a total transaction of $1,000,188.26.
  • On Friday, August 18th, Istar Inc. acquired 40,061 shares of Safetyome & Growth stock. The stock was bought at an average price of $19.66 per share, for a total transaction of $787,599.26.
  • On Wednesday, August 16th, Istar Inc. acquired 93,367 shares of Safetyome & Growth stock. The stock was bought at an average price of $19.34 per share, for a total transaction of $1,805,717.78.
  • On Friday, August 11th, Istar Inc. acquired 79,772 shares of Safetyome & Growth stock. The stock was bought at an average price of $18.99 per share, for a total transaction of $1,514,870.28.
  • On Wednesday, August 9th, Istar Inc. acquired 119,658 shares of Safetyome & Growth stock. The stock was bought at an average price of $18.96 per share, for a total transaction of $2,268,715.68.
  • On Friday, August 4th, Istar Inc. acquired 76,136 shares of Safetyome & Growth stock. The stock was bought at an average price of $18.85 per share, for a total transaction of $1,435,163.60.
  • On Wednesday, August 2nd, Istar Inc. acquired 114,292 shares of Safetyome & Growth stock. The stock was bought at an average price of $18.49 per share, for a total transaction of $2,113,259.08.

Safety Income & Growth Inc (SAFE) traded down 1.92% during trading on Thursday, reaching $19.40. The company had a trading volume of 144,565 shares. Safety Income & Growth Inc has a 52-week low of $18.02 and a 52-week high of $20.00. The stock has a 50 day moving average price of $19.17 and a 200-day moving average price of $19.24. The company has a market capitalization of $352.89 million and a PE ratio of 116.17.

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Hedge funds have recently modified their holdings of the business. State of New Jersey Common Pension Fund D acquired a new position in Safetyome & Growth in the 2nd quarter worth $6,703,000. Forward Management LLC acquired a new position in Safetyome & Growth in the 2nd quarter worth $4,213,000. Macquarie Group Ltd. acquired a new position in Safetyome & Growth in the 2nd quarter worth $2,873,000. Goldman Sachs Group Inc. acquired a new position in Safetyome & Growth in the 2nd quarter worth $1,420,000. Finally, Salem Investment Counselors Inc. acquired a new position in Safetyome & Growth in the 2nd quarter worth $479,000.

Several research firms recently commented on SAFE. Ladenburg Thalmann Financial Services began coverage on Safetyome & Growth in a report on Friday, July 14th. They issued a “buy” rating and a $22.00 target price on the stock. Barclays PLC began coverage on Safetyome & Growth in a report on Monday, July 17th. They issued an “equal weight” rating and a $21.00 target price on the stock. J P Morgan Chase & Co began coverage on Safetyome & Growth in a report on Monday, July 17th. They issued a “neutral” rating and a $21.00 target price on the stock. Bank of America Corporation reissued a “neutral” rating and issued a $20.00 target price on shares of Safetyome & Growth in a report on Monday, July 17th. Finally, UBS AG began coverage on Safetyome & Growth in a report on Monday, July 17th. They issued a “market perform” rating on the stock. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $20.80.

About Safetyome & Growth

Insider Buying and Selling by Quarter for Safetyome & Growth (NASDAQ:SAFE)

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