Insider Selling: SEGRO Plc (LON:SGRO) Insider Sells 73,234 Shares of Stock

SEGRO Plc (LON:SGRO) insider Soumen Das sold 73,234 shares of the company’s stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of GBX 704 ($9.11), for a total transaction of £515,567.36 ($667,487.52).

SEGRO Stock Performance

LON:SGRO traded up GBX 11.60 ($0.15) during mid-day trading on Friday, hitting GBX 692.20 ($8.96). 9,759,595 shares of the company’s stock traded hands, compared to its average volume of 13,577,983. The company has a current ratio of 1.30, a quick ratio of 0.62 and a debt-to-equity ratio of 42.10. The firm has a 50 day moving average of GBX 705.06 and a two-hundred day moving average of GBX 759.93. The firm has a market capitalization of £9.30 billion, a price-to-earnings ratio of -897.88, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. SEGRO Plc has a 12 month low of GBX 659.20 ($8.53) and a 12 month high of GBX 949 ($12.29).

SEGRO (LON:SGRO) last issued its quarterly earnings results on Friday, February 14th. The real estate investment trust reported GBX 34.50 ($0.45) earnings per share for the quarter. SEGRO had a negative net margin of 1.36% and a negative return on equity of 0.09%. On average, equities analysts forecast that SEGRO Plc will post 37.4077408 earnings per share for the current fiscal year.

SEGRO Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 14th. Investors of record on Thursday, March 27th will be paid a GBX 20.20 ($0.26) dividend. This represents a dividend yield of 2.88%. This is a positive change from SEGRO’s previous dividend of $9.10. The ex-dividend date is Thursday, March 27th. SEGRO’s dividend payout ratio is presently -3,632.01%.

SEGRO Company Profile

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property.