Sam Levinson Purchases 4,315 Shares of Clipper Realty (NYSE:CLPR) Stock

Clipper Realty Inc. (NYSE:CLPRGet Free Report) Director Sam Levinson purchased 4,315 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was bought at an average price of $3.30 per share, with a total value of $14,239.50. Following the transaction, the director directly owned 388,098 shares in the company, valued at $1,280,723.40. This trade represents a 1.12% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Sam Levinson also recently made the following trade(s):

  • On Monday, September 14th, Sam Levinson acquired 4,769 shares of Clipper Realty stock. The shares were bought at an average price of $3.28 per share, for a total transaction of $15,642.32.
  • On Wednesday, September 9th, Sam Levinson acquired 110,710 shares of Clipper Realty stock. The shares were purchased at an average cost of $3.31 per share, with a total value of $366,450.10.
  • On Tuesday, September 8th, Sam Levinson acquired 6,842 shares of Clipper Realty stock. The shares were purchased at an average cost of $3.24 per share, with a total value of $22,168.08.
  • On Wednesday, September 2nd, Sam Levinson bought 5,387 shares of Clipper Realty stock. The stock was purchased at an average price of $3.25 per share, with a total value of $17,507.75.
  • On Tuesday, September 1st, Sam Levinson bought 934 shares of Clipper Realty stock. The stock was purchased at an average cost of $3.20 per share, for a total transaction of $2,988.80.
  • On Monday, August 31st, Sam Levinson purchased 1,742 shares of Clipper Realty stock. The shares were purchased at an average price of $3.25 per share, for a total transaction of $5,661.50.
  • On Thursday, August 20th, Sam Levinson purchased 2,392 shares of Clipper Realty stock. The shares were purchased at an average price of $3.19 per share, for a total transaction of $7,630.48.
  • On Wednesday, August 19th, Sam Levinson purchased 9,260 shares of Clipper Realty stock. The stock was purchased at an average price of $3.14 per share, with a total value of $29,076.40.
  • On Tuesday, August 18th, Sam Levinson acquired 86,983 shares of Clipper Realty stock. The stock was purchased at an average cost of $3.15 per share, with a total value of $273,996.45.
  • On Friday, August 14th, Sam Levinson acquired 3,945 shares of Clipper Realty stock. The shares were purchased at an average price of $3.29 per share, for a total transaction of $12,979.05.

Clipper Realty Stock Performance

NYSE CLPR opened at $3.42 on Friday. The firm’s 50 day moving average price is $3.10 and its two-hundred day moving average price is $3.11. Clipper Realty Inc. has a twelve month low of $2.69 and a twelve month high of $4.34. The stock has a market cap of $55.27 million, a price-to-earnings ratio of -3.68 and a beta of 0.99.

Clipper Realty Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 26th. Stockholders of record on Tuesday, August 18th were issued a dividend of $0.095 per share. The ex-dividend date was Tuesday, August 18th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 11.1%. Clipper Realty’s payout ratio is currently -40.86%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Clipper Realty from a “hold” rating to a “sell” rating in a research report on Sunday, May 31st.

Get Our Latest Report on Clipper Realty

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Equitable Holdings Inc. purchased a new stake in Clipper Realty in the 2nd quarter worth approximately $58,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Clipper Realty in the second quarter worth $412,000. BlackRock Inc. purchased a new stake in shares of Clipper Realty during the second quarter worth $297,000. Bank of New York Mellon Corp purchased a new stake in shares of Clipper Realty during the second quarter worth $31,000. Finally, GSA Capital Partners LLP acquired a new stake in Clipper Realty during the second quarter valued at $254,000. Institutional investors and hedge funds own 37.57% of the company’s stock.

About Clipper Realty

(Get Free Report)

Clipper Realty Inc (NYSE: CLPR) is a self-administered and self-managed real estate investment trust focused on owning, operating, and selectively acquiring multifamily residential properties in New York City. The company’s business is centered on generating rental income from apartment communities and managing the properties in its portfolio.

Clipper Realty’s portfolio has historically included residential properties in Manhattan and Brooklyn, including large apartment communities and multifamily buildings in established New York City neighborhoods.

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Insider Buying and Selling by Quarter for Clipper Realty (NYSE:CLPR)

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