22,500 Shares in MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) Bought by Sageworth Trust Co

Sageworth Trust Co acquired a new stake in shares of MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 22,500 shares of the company’s stock, valued at approximately $71,000.

Separately, Atomi Financial Group Inc. purchased a new position in shares of MacKenzie Realty Capital during the fourth quarter valued at about $225,000.

MacKenzie Realty Capital Stock Down 1.0 %

MKZR stock opened at $2.02 on Friday. The business has a 50-day moving average of $3.12. MacKenzie Realty Capital, Inc. has a 1 year low of $1.05 and a 1 year high of $6.07.

MacKenzie Realty Capital Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, December 31st were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 9.90%. The ex-dividend date was Tuesday, December 31st.

Insider Activity

In other news, CEO Robert E. Dixon acquired 10,000 shares of the firm’s stock in a transaction on Thursday, January 16th. The stock was acquired at an average price of $2.85 per share, for a total transaction of $28,500.00. Following the completion of the acquisition, the chief executive officer now owns 19,935 shares in the company, valued at $56,814.75. This trade represents a 100.65 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.59% of the stock is currently owned by company insiders.

MacKenzie Realty Capital Company Profile

MacKenzie Realty Capital Inc is a REIT which focused on investing in multifamily housing and office real estate properties located principally in the United States. MacKenzie Realty Capital Inc is based in ORINDA, Calif.