Safety Income & Growth Inc (NASDAQ:SAFE) Chairman Jay Sugarman bought 744 shares of the firm’s stock in a transaction on Thursday, September 7th. The shares were bought at an average cost of $19.59 per share, for a total transaction of $14,574.96. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Jay Sugarman also recently made the following trade(s):

  • On Friday, September 1st, Jay Sugarman bought 370 shares of Safetyome & Growth stock. The shares were bought at an average cost of $19.73 per share, for a total transaction of $7,300.10.
  • On Wednesday, August 30th, Jay Sugarman bought 684 shares of Safetyome & Growth stock. The shares were bought at an average cost of $19.57 per share, for a total transaction of $13,385.88.
  • On Friday, August 25th, Jay Sugarman bought 902 shares of Safetyome & Growth stock. The shares were bought at an average cost of $19.41 per share, for a total transaction of $17,507.82.
  • On Tuesday, August 22nd, Jay Sugarman bought 526 shares of Safetyome & Growth stock. The shares were bought at an average cost of $19.42 per share, for a total transaction of $10,214.92.
  • On Friday, August 18th, Jay Sugarman bought 408 shares of Safetyome & Growth stock. The shares were bought at an average cost of $19.66 per share, for a total transaction of $8,021.28.
  • On Wednesday, August 16th, Jay Sugarman bought 954 shares of Safetyome & Growth stock. The shares were bought at an average cost of $19.34 per share, for a total transaction of $18,450.36.
  • On Friday, August 11th, Jay Sugarman bought 816 shares of Safetyome & Growth stock. The shares were bought at an average cost of $18.99 per share, for a total transaction of $15,495.84.
  • On Wednesday, August 9th, Jay Sugarman bought 1,224 shares of Safetyome & Growth stock. The shares were bought at an average cost of $18.96 per share, for a total transaction of $23,207.04.
  • On Friday, August 4th, Jay Sugarman bought 776 shares of Safetyome & Growth stock. The shares were bought at an average cost of $18.85 per share, for a total transaction of $14,627.60.
  • On Wednesday, August 2nd, Jay Sugarman bought 1,166 shares of Safetyome & Growth stock. The shares were bought at an average cost of $18.49 per share, for a total transaction of $21,559.34.

Shares of Safety Income & Growth Inc (SAFE) traded down 1.92% during mid-day trading on Thursday, hitting $19.40. 144,565 shares of the company traded hands. The firm’s 50 day moving average price is $19.17 and its 200-day moving average price is $19.24. Safety Income & Growth Inc has a 1-year low of $18.02 and a 1-year high of $20.00. The stock has a market capitalization of $352.89 million and a PE ratio of 116.17.

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Several hedge funds have recently added to or reduced their stakes in the stock. Macquarie Group Ltd. bought a new position in shares of Safetyome & Growth during the 2nd quarter valued at $2,873,000. Goldman Sachs Group Inc. bought a new position in shares of Safetyome & Growth during the 2nd quarter valued at $1,420,000. Salem Investment Counselors Inc. bought a new position in shares of Safetyome & Growth during the 2nd quarter valued at $479,000. Balyasny Asset Management LLC bought a new position in shares of Safetyome & Growth during the 2nd quarter valued at $4,286,000. Finally, V3 Capital Management L.P. bought a new position in shares of Safetyome & Growth during the 2nd quarter valued at $8,139,000.

A number of analysts have weighed in on the stock. Mizuho assumed coverage on shares of Safetyome & Growth in a research note on Wednesday, August 30th. They set a “neutral” rating and a $20.00 target price on the stock. Ladenburg Thalmann Financial Services reaffirmed a “buy” rating on shares of Safetyome & Growth in a research note on Monday, July 31st. Raymond James Financial, Inc. began coverage on shares of Safetyome & Growth in a research note on Tuesday, July 18th. They set a “market perform” rating on the stock. UBS AG began coverage on shares of Safetyome & Growth in a research note on Monday, July 17th. They issued a “market perform” rating on the stock. Finally, Bank of America Corporation reissued a “neutral” rating and issued a $20.00 price objective on shares of Safetyome & Growth in a research note on Monday, July 17th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $20.80.

About Safetyome & Growth

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

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