Sapna Shah Acquires 19,237 Shares of Supermarket Income REIT (LON:SUPR) Stock

Supermarket Income REIT (LON:SUPR) insider Sapna Shah bought 19,237 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were purchased at an average cost of GBX 68 ($0.85) per share, with a total value of £13,081.16 ($16,398.60).

Supermarket Income REIT Stock Performance

Shares of SUPR stock opened at GBX 69 ($0.86) on Wednesday. The firm has a 50 day moving average of GBX 70.22 and a 200-day moving average of GBX 72.83. The company has a market cap of £862.50 million, a price-to-earnings ratio of -3,450.00, a price-to-earnings-growth ratio of 15.09 and a beta of 0.31. The company has a quick ratio of 1.95, a current ratio of 0.46 and a debt-to-equity ratio of 62.01. Supermarket Income REIT has a 52 week low of GBX 65.70 ($0.82) and a 52 week high of GBX 88.80 ($1.11).

Supermarket Income REIT Increases Dividend

The business also recently announced a dividend, which was paid on Friday, November 15th. Investors of record on Thursday, October 10th were paid a dividend of GBX 1.53 ($0.02) per share. The ex-dividend date was Thursday, October 10th. This is a positive change from Supermarket Income REIT’s previous dividend of $1.52. This represents a yield of 2.03%. Supermarket Income REIT’s dividend payout ratio is currently -30,000.00%.

Analysts Set New Price Targets

Separately, Shore Capital restated a “hold” rating on shares of Supermarket Income REIT in a research report on Tuesday, November 5th.

About Supermarket Income REIT

Supermarket Income REIT plc is a real estate investment trust (REIT) dedicated to investing in supermarket property forming a key part of the future model of UK grocery. It provides investors with long-dated, secure, inflation-linked income with capital appreciation potential over the longer term