BNP Paribas Financial Markets Acquires New Holdings in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI)

BNP Paribas Financial Markets acquired a new stake in Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 5,581 shares of the company’s stock, valued at approximately $86,000.

Several other hedge funds have also recently bought and sold shares of REFI. SG Americas Securities LLC bought a new stake in Chicago Atlantic Real Estate Finance in the 4th quarter valued at about $119,000. Catalina Capital Group LLC bought a new stake in Chicago Atlantic Real Estate Finance in the 4th quarter valued at about $253,000. Bleakley Financial Group LLC bought a new stake in shares of Chicago Atlantic Real Estate Finance during the 4th quarter worth about $164,000. Savant Capital LLC bought a new stake in shares of Chicago Atlantic Real Estate Finance during the 4th quarter worth about $319,000. Finally, Allspring Global Investments Holdings LLC raised its position in shares of Chicago Atlantic Real Estate Finance by 242.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 120,576 shares of the company’s stock worth $1,859,000 after buying an additional 85,399 shares in the last quarter. 25.48% of the stock is currently owned by institutional investors.

Chicago Atlantic Real Estate Finance Trading Up 0.3%

REFI stock opened at $14.65 on Monday. Chicago Atlantic Real Estate Finance, Inc. has a 52 week low of $12.76 and a 52 week high of $16.47. The company has a market capitalization of $307.17 million, a price-to-earnings ratio of 7.33 and a beta of 0.26. The firm’s 50-day moving average is $14.43 and its two-hundred day moving average is $15.29.

Chicago Atlantic Real Estate Finance Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.47 per share. The ex-dividend date was Monday, March 31st. This represents a $1.88 dividend on an annualized basis and a dividend yield of 12.83%. Chicago Atlantic Real Estate Finance’s dividend payout ratio (DPR) is 100.00%.

Chicago Atlantic Real Estate Finance Profile

Chicago Atlantic Real Estate Finance, Inc operates as a commercial real estate finance company in the United States. The company engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its portfolio primarily includes offers senior loans to state-licensed operators in the cannabis industry.