Insider Buying: Safehold Inc (NYSE:SAFE) Major Shareholder Purchases $482,250.00 in Stock

Safehold Inc (NYSE:SAFE) major shareholder Istar Inc. purchased 15,000 shares of the business’s stock in a transaction on Friday, July 19th. The shares were acquired at an average price of $32.15 per share, with a total value of $482,250.00. 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 Tuesday, July 16th, Istar Inc. purchased 15,000 shares of Safehold stock. The stock was bought at an average cost of $32.41 per share, with a total value of $486,150.00.
  • On Thursday, July 11th, Istar Inc. purchased 15,000 shares of Safehold stock. The stock was bought at an average cost of $32.31 per share, with a total value of $484,650.00.
  • On Monday, July 8th, Istar Inc. acquired 15,000 shares of Safehold stock. The stock was acquired at an average cost of $31.19 per share, for a total transaction of $467,850.00.
  • On Tuesday, July 2nd, Istar Inc. acquired 15,000 shares of Safehold stock. The stock was acquired at an average cost of $30.14 per share, for a total transaction of $452,100.00.
  • On Thursday, June 27th, Istar Inc. acquired 10,000 shares of Safehold stock. The stock was acquired at an average cost of $28.64 per share, for a total transaction of $286,400.00.
  • On Tuesday, June 25th, Istar Inc. acquired 9,186 shares of Safehold stock. The stock was acquired at an average cost of $28.75 per share, for a total transaction of $264,097.50.
  • On Friday, June 21st, Istar Inc. acquired 14,826 shares of Safehold stock. The stock was acquired at an average cost of $28.70 per share, for a total transaction of $425,506.20.
  • On Tuesday, June 18th, Istar Inc. acquired 15,000 shares of Safehold stock. The stock was acquired at an average cost of $29.11 per share, for a total transaction of $436,650.00.
  • On Thursday, June 13th, Istar Inc. acquired 15,000 shares of Safehold stock. The stock was acquired at an average cost of $28.51 per share, for a total transaction of $427,650.00.
  • On Monday, June 10th, Istar Inc. acquired 11,185 shares of Safehold stock. The stock was acquired at an average cost of $29.50 per share, for a total transaction of $329,957.50.

Shares of NYSE SAFE opened at $32.98 on Monday. The stock’s fifty day moving average price is $30.01. The company has a market capitalization of $604.26 million, a PE ratio of 51.53 and a beta of 0.26. Safehold Inc has a twelve month low of $16.13 and a twelve month high of $33.81.



Safehold (NYSE:SAFE) last announced its quarterly earnings results on Thursday, April 25th. The company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). The firm had revenue of $21.80 million for the quarter, compared to the consensus estimate of $20.81 million. Safehold had a return on equity of 4.50% and a net margin of 31.96%. Research analysts expect that Safehold Inc will post 1.44 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were given a dividend of $0.156 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 1.89%. This is a boost from Safehold’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Thursday, June 27th. Safehold’s dividend payout ratio (DPR) is currently 96.88%.

SAFE has been the topic of a number of recent research reports. ValuEngine cut shares of Viewray from a “buy” rating to a “hold” rating in a research note on Wednesday, April 24th. Zacks Investment Research raised shares of HB Fuller from a “sell” rating to a “hold” rating in a research report on Wednesday, July 3rd.

Several hedge funds and other institutional investors have recently made changes to their positions in SAFE. Nisa Investment Advisors LLC increased its position in Safehold by 83.6% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,561 shares of the company’s stock worth $47,000 after purchasing an additional 711 shares in the last quarter. Barclays PLC boosted its stake in Safehold by 46.3% during the fourth quarter. Barclays PLC now owns 5,193 shares of the company’s stock worth $97,000 after acquiring an additional 1,643 shares in the last quarter. Bessemer Group Inc. bought a new position in Safehold during the second quarter worth $184,000. Rhumbline Advisers bought a new position in Safehold during the fourth quarter worth $218,000. Finally, Pinnacle Associates Ltd. boosted its stake in Safehold by 10.5% during the first quarter. Pinnacle Associates Ltd. now owns 18,225 shares of the company’s stock worth $397,000 after acquiring an additional 1,725 shares in the last quarter. 34.19% of the stock is currently owned by institutional investors.

Safehold Company Profile

Safehold Inc (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Through its modern ground lease capital solution, Safehold helps owners of high quality multifamily, office, industrial, hospitality and mixed-use properties in major markets throughout the United States generate higher returns with less risk.

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Insider Buying and Selling by Quarter for Safehold (NYSE:SAFE)

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