Andrew Nicholas Hewson Acquires 75,000 Shares of Supermarket Income REIT (LON:SUPR) Stock

Supermarket Income REIT (LON:SUPR) insider Andrew Nicholas Hewson acquired 75,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The shares were acquired at an average price of GBX 69 ($0.90) per share, with a total value of £51,750 ($67,365.27).

Supermarket Income REIT Price Performance

Shares of LON SUPR opened at GBX 69.90 ($0.91) on Thursday. The company has a debt-to-equity ratio of 62.01, a current ratio of 0.46 and a quick ratio of 1.95. Supermarket Income REIT has a 1-year low of GBX 68.10 ($0.89) and a 1-year high of GBX 88.80 ($1.16). The company has a market capitalization of £873.75 million, a price-to-earnings ratio of -3,506.05, a PEG ratio of 15.09 and a beta of 0.31. The business has a 50-day moving average of GBX 73.68 and a 200-day moving average of GBX 73.88.

Supermarket Income REIT Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 10th will be issued a GBX 1.53 ($0.02) dividend. This represents a yield of 2.03%. The ex-dividend date of this dividend is Thursday, October 10th. This is a boost from Supermarket Income REIT’s previous dividend of $1.52. 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 report on Tuesday.

Supermarket Income REIT Company Profile

Supermarket Income REIT plc?(LSE: SUPR) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the UK's feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. All of the Company's supermarkets are let to leading UK supermarket operators, diversified by both tenant and geography.