Frances Davies Acquires 30,000 Shares of Supermarket Income REIT (LON:SUPR) Stock

Supermarket Income REIT (LON:SUPR) insider Frances Davies acquired 30,000 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The stock was acquired at an average cost of GBX 84 per share, for a total transaction of £25,200.

Supermarket Income REIT Stock Up 0.7%

Shares of SUPR stock opened at GBX 83.60 on Monday. Supermarket Income REIT has a 12 month low of GBX 71.48 and a 12 month high of GBX 89.20. The stock has a market cap of £1.04 billion, a P/E ratio of 17.06, a P/E/G ratio of 15.09 and a beta of 0.54. The company has a current ratio of 1.73, a quick ratio of 1.95 and a debt-to-equity ratio of 80.37. The company has a 50 day simple moving average of GBX 84.80 and a two-hundred day simple moving average of GBX 81.38.

Supermarket Income REIT (LON:SUPR) last released its quarterly earnings results on Wednesday, March 11th. The company reported GBX 2.70 earnings per share for the quarter. Supermarket Income REIT had a net margin of 54.91% and a return on equity of 5.56%. On average, research analysts expect that Supermarket Income REIT will post 6.0284281 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on SUPR. Peel Hunt reiterated an “add” rating and set a GBX 85 target price on shares of Supermarket Income REIT in a research report on Thursday, November 20th. Stifel Nicolaus restated a “buy” rating and issued a GBX 95 price target on shares of Supermarket Income REIT in a research report on Wednesday, March 11th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 85.67.

About Supermarket Income REIT

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI), a FTSE 250 company, is the only LSE listed company dedicated to investing in grocery properties which are an essential part of national food infrastructure. The Company focuses on grocery stores which are predominantly omnichannel, fulfilling online and in-person sales and are let to leading supermarket operators in the UK and Europe.

The Company’s properties earn long-dated, secure, inflation-linked, growing income. SUPR targets a progressive dividend and the potential for long term capital growth.