Safehold Inc. $SAFE Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its holdings in Safehold Inc. (NYSE:SAFE) by 46.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 168,833 shares of the company’s stock after purchasing an additional 53,540 shares during the quarter. Quantinno Capital Management LP owned 0.24% of Safehold worth $2,284,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of SAFE. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Safehold in the 4th quarter valued at about $31,000. Russell Investments Group Ltd. raised its position in shares of Safehold by 115.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,344 shares of the company’s stock worth $52,000 after buying an additional 1,789 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Safehold in the 3rd quarter worth approximately $57,000. Federation des caisses Desjardins du Quebec lifted its stake in shares of Safehold by 25.8% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,429 shares of the company’s stock worth $61,000 after acquiring an additional 908 shares during the period. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of Safehold by 98.1% in the second quarter. Tower Research Capital LLC TRC now owns 4,832 shares of the company’s stock valued at $75,000 after acquiring an additional 2,393 shares in the last quarter. 70.38% of the stock is owned by institutional investors and hedge funds.

Safehold Stock Performance

SAFE opened at $15.46 on Tuesday. The firm has a market cap of $1.09 billion, a PE ratio of 9.54, a P/E/G ratio of 2.06 and a beta of 1.75. The company has a quick ratio of 34.36, a current ratio of 34.37 and a debt-to-equity ratio of 1.77. The business has a fifty day simple moving average of $16.02 and a 200-day simple moving average of $15.30. Safehold Inc. has a fifty-two week low of $12.76 and a fifty-two week high of $17.45.

Safehold (NYSE:SAFE) last announced its earnings results on Thursday, July 30th. The company reported $0.42 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.42. Safehold had a return on equity of 4.76% and a net margin of 27.70%.The company had revenue of $114.65 million for the quarter, compared to analyst estimates of $110.78 million. As a group, equities analysts predict that Safehold Inc. will post 1.66 EPS for the current fiscal year.

Safehold Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.177 dividend. This represents a $0.71 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Tuesday, June 30th. Safehold’s dividend payout ratio (DPR) is presently 43.83%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on SAFE. Wall Street Zen raised Safehold from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Weiss Ratings raised Safehold from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, July 31st. Zacks Research upgraded Safehold from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 21st. Royal Bank Of Canada downgraded Safehold from a “market outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $18.00 to $16.00 in a research note on Friday, May 1st. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Safehold in a research note on Tuesday, August 4th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $18.71.

About Safehold

Safehold Inc is a real estate investment trust that seeks to redefine land ownership for commercial property owners. The company acquires perpetual ground leases from landowners and structures long-term leaseback arrangements, enabling building owners to unlock the value of underlying land without relinquishing operational control of their properties. By separating land ownership from building ownership, Safehold offers an alternative to traditional mortgage financing and land sale–leaseback transactions.

Safehold’s portfolio spans multiple commercial real estate sectors, including office, multifamily, industrial and retail, with a focus on high-quality properties in major U.S.