MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) CEO Acquires $74,000.00 in Stock

Posted by Tech Dows on Mar 6th, 2025

MacKenzie Realty Capital, Inc. (NASDAQ:MKZR – Get Free Report) CEO Robert E. Dixon purchased 40,000 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The shares were bought at an average price of $1.85 per share, with a total value of $74,000.00. Following the purchase, the chief executive officer now owns 80,000 shares in the company, valued at $148,000. The trade was a 100.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

MacKenzie Realty Capital Stock Up 12.3 %

Shares of MKZR stock opened at $2.01 on Thursday. MacKenzie Realty Capital, Inc. has a 12-month low of $1.05 and a 12-month high of $6.07. The business’s 50 day moving average is $2.41.

MacKenzie Realty Capital Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, December 31st were paid a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.20 dividend on an annualized basis and a yield of 9.95%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Ashton Thomas Private Wealth LLC purchased a new position in MacKenzie Realty Capital in the 4th quarter valued at approximately $32,000. World Equity Group Inc. purchased a new position in MacKenzie Realty Capital in the 4th quarter valued at approximately $36,000. Northern Trust Corp purchased a new position in MacKenzie Realty Capital in the 4th quarter valued at approximately $40,000. Juncture Wealth Strategies LLC purchased a new position in MacKenzie Realty Capital in the 4th quarter valued at approximately $42,000. Finally, Two Sigma Securities LLC purchased a new position in MacKenzie Realty Capital in the 4th quarter valued at approximately $44,000.

MacKenzie Realty Capital Company Profile

(Get Free Report)

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.