Safety Income & Growth Inc (NASDAQ:SAFE) major shareholder Istar Inc. bought 115,561 shares of Safetyome & Growth stock in a transaction dated Thursday, September 14th. The stock was purchased at an average price of $19.54 per share, with a total value of $2,258,061.94. Following the completion of the purchase, the insider now owns 6,097,093 shares in the company, valued at $119,137,197.22. The purchase was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Thursday, September 7th, Istar Inc. bought 72,960 shares of Safetyome & Growth stock. The stock was purchased at an average price of $19.59 per share, with a total value of $1,429,286.40.
  • On Friday, September 1st, Istar Inc. bought 36,338 shares of Safetyome & Growth stock. The stock was purchased at an average price of $19.73 per share, with a total value of $716,948.74.
  • On Wednesday, August 30th, Istar Inc. bought 66,970 shares of Safetyome & Growth stock. The stock was purchased at an average price of $19.57 per share, with a total value of $1,310,602.90.
  • On Friday, August 25th, Istar Inc. bought 88,376 shares of Safetyome & Growth stock. The stock was purchased at an average price of $19.41 per share, with a total value of $1,715,378.16.
  • On Tuesday, August 22nd, Istar Inc. bought 51,503 shares of Safetyome & Growth stock. The stock was purchased at an average price of $19.42 per share, with a total value of $1,000,188.26.
  • On Friday, August 18th, Istar Inc. bought 40,061 shares of Safetyome & Growth stock. The stock was purchased at an average price of $19.66 per share, with a total value of $787,599.26.
  • On Wednesday, August 16th, Istar Inc. bought 93,367 shares of Safetyome & Growth stock. The stock was purchased at an average price of $19.34 per share, with a total value of $1,805,717.78.
  • On Friday, August 11th, Istar Inc. bought 79,772 shares of Safetyome & Growth stock. The stock was purchased at an average price of $18.99 per share, with a total value of $1,514,870.28.
  • On Wednesday, August 9th, Istar Inc. bought 119,658 shares of Safetyome & Growth stock. The stock was purchased at an average price of $18.96 per share, with a total value of $2,268,715.68.
  • On Friday, August 4th, Istar Inc. bought 76,136 shares of Safetyome & Growth stock. The stock was purchased at an average price of $18.85 per share, with a total value of $1,435,163.60.

Safety Income & Growth Inc (NASDAQ SAFE) traded up 0.67% during trading on Thursday, reaching $19.57. The company’s stock had a trading volume of 137,063 shares. The firm has a market cap of $355.98 million and a PE ratio of 117.19. The company has a 50-day moving average of $19.20 and a 200 day moving average of $19.27. Safety Income & Growth Inc has a one year low of $18.02 and a one year high of $20.00.

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

Hedge funds have recently added to or reduced their stakes in the stock. Pinnacle Associates Ltd. purchased a new stake in Safetyome & Growth in the second quarter worth about $196,000. Salem Investment Counselors Inc. purchased a new stake in Safetyome & Growth in the second quarter worth about $479,000. Goldman Sachs Group Inc. purchased a new stake in Safetyome & Growth in the second quarter worth about $1,420,000. Macquarie Group Ltd. purchased a new stake in Safetyome & Growth in the second quarter worth about $2,873,000. Finally, Forward Management LLC purchased a new stake in Safetyome & Growth in the second quarter worth about $4,213,000.

Safetyome & Growth Company Profile

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

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