Tritax Big Box REIT (LON:BBOX) Insider Alastair Hughes Sells 76,783 Shares

Tritax Big Box REIT plc (LON:BBOX) insider Alastair Hughes sold 76,783 shares of Tritax Big Box REIT stock in a transaction dated Monday, March 9th. The stock was sold at an average price of GBX 153, for a total value of £117,477.99.

Tritax Big Box REIT Trading Up 2.3%

BBOX opened at GBX 158.70 on Wednesday. Tritax Big Box REIT plc has a twelve month low of GBX 121.90 and a twelve month high of GBX 174. The firm has a market capitalization of £4.29 billion, a PE ratio of 9.20, a PEG ratio of 2.05 and a beta of 1.65. The firm’s 50-day moving average price is GBX 163.89 and its 200 day moving average price is GBX 152.23.

Tritax Big Box REIT (LON:BBOX) last released its quarterly earnings data on Friday, February 27th. The company reported GBX 8.38 earnings per share (EPS) for the quarter. Tritax Big Box REIT had a net margin of 111.98% and a return on equity of 5.78%. As a group, analysts predict that Tritax Big Box REIT plc will post 8.9700057 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Berenberg Bank reiterated a “buy” rating and issued a GBX 230 price objective on shares of Tritax Big Box REIT in a research note on Monday, January 26th. Shore Capital Group reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a report on Thursday, January 22nd. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Tritax Big Box REIT presently has a consensus rating of “Buy” and a consensus price target of GBX 218.50.

Tritax Big Box REIT Company Profile

Tritax Big Box REIT plc (ticker: BBOX) is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. BBOX is committed to delivering attractive and sustainable returns for Shareholders by investing in and actively managing existing built investments and land suitable for logistics development. The Company focuses on well-located, modern logistics assets, typically let to institutional-grade tenants on long-term leases with upward-only rent reviews and geographic and tenant diversification throughout the UK.