Safety Income & Growth Inc (NASDAQ:SAFE) major shareholder Istar Inc. purchased 38,592 shares of the stock in a transaction dated Monday, November 13th. The shares were purchased at an average price of $17.91 per share, for a total transaction of $691,182.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Friday, September 22nd, Istar Inc. purchased 55,771 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.33 per share, for a total transaction of $1,078,053.43.
  • On Wednesday, September 20th, Istar Inc. purchased 80,402 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.24 per share, for a total transaction of $1,546,934.48.
  • On Monday, September 18th, Istar Inc. purchased 67,566 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.37 per share, for a total transaction of $1,308,753.42.
  • On Thursday, September 14th, Istar Inc. purchased 115,561 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.54 per share, for a total transaction of $2,258,061.94.
  • On Thursday, September 7th, Istar Inc. purchased 72,960 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.59 per share, for a total transaction of $1,429,286.40.
  • On Friday, September 1st, Istar Inc. purchased 36,338 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.73 per share, for a total transaction of $716,948.74.
  • On Wednesday, August 30th, Istar Inc. purchased 66,970 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.57 per share, for a total transaction of $1,310,602.90.
  • On Friday, August 25th, Istar Inc. purchased 88,376 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.41 per share, for a total transaction of $1,715,378.16.
  • On Tuesday, August 22nd, Istar Inc. purchased 51,503 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.42 per share, for a total transaction of $1,000,188.26.
  • On Friday, August 18th, Istar Inc. purchased 40,061 shares of Safetyome & Growth stock. The shares were purchased at an average price of $19.66 per share, for a total transaction of $787,599.26.

Safety Income & Growth Inc (SAFE) traded down $0.13 on Monday, hitting $17.71. The stock had a trading volume of 78,545 shares, compared to its average volume of 70,786. Safety Income & Growth Inc has a 1-year low of $17.27 and a 1-year high of $20.00.

Safetyome & Growth (NASDAQ:SAFE) last released its quarterly earnings data on Thursday, October 26th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.16). The company had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $5.86 million. Safetyome & Growth had a negative return on equity of 4.24% and a negative net margin of 31.66%.

The business also recently disclosed a special dividend, which was paid on Monday, October 16th. Stockholders of record on Monday, October 2nd were paid a dividend of $0.15 per share. The ex-dividend date was Friday, September 29th.

TRADEMARK VIOLATION NOTICE: “Insider Buying: Safety Income & Growth Inc (SAFE) Major Shareholder Buys 38,592 Shares of Stock” was originally reported by American Banking News and is owned by of American Banking News. If you are accessing this story on another site, it was illegally stolen and reposted in violation of international copyright legislation. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/11/13/insider-buying-safety-income-growth-inc-safe-major-shareholder-buys-38592-shares-of-stock.html.

Several equities analysts have recently issued reports on SAFE shares. Ladenburg Thalmann Financial Services reiterated a “buy” rating on shares of Safetyome & Growth in a research report on Tuesday, October 31st. Barclays PLC initiated coverage on Safetyome & Growth in a research note on Monday, July 17th. They set an “equal weight” rating and a $21.00 price objective for the company. Zacks Investment Research raised Safetyome & Growth from a “sell” rating to a “hold” rating in a research note on Saturday. Raymond James Financial, Inc. initiated coverage on Safetyome & Growth in a research note on Tuesday, July 18th. They set a “market perform” rating for the company. Finally, UBS AG initiated coverage on Safetyome & Growth in a research note on Monday, July 17th. They set a “market perform” rating for the company. Seven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $20.58.

Several institutional investors have recently modified their holdings of the company. FMR LLC acquired a new stake in shares of Safetyome & Growth in the second quarter worth $41,620,000. V3 Capital Management L.P. acquired a new stake in shares of Safetyome & Growth in the second quarter worth $8,139,000. State of New Jersey Common Pension Fund D boosted its position in shares of Safetyome & Growth by 2.9% in the third quarter. State of New Jersey Common Pension Fund D now owns 360,000 shares of the company’s stock worth $6,710,000 after buying an additional 10,000 shares during the period. Vanguard Group Inc. acquired a new stake in shares of Safetyome & Growth in the second quarter worth $4,787,000. Finally, Balyasny Asset Management LLC acquired a new stake in shares of Safetyome & Growth in the second quarter worth $4,286,000.

Safetyome & Growth Company Profile

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

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