Soumen Das Sells 73,234 Shares of SEGRO Plc (LON:SGRO) Stock

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

SEGRO Price Performance

Shares of 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 stock were exchanged, compared to its average volume of 13,577,983. SEGRO Plc has a twelve month low of GBX 659.20 ($8.53) and a twelve month high of GBX 949 ($12.29). The stock’s fifty day simple moving average is GBX 705.06 and its two-hundred day simple moving average is GBX 759.93. The company has a debt-to-equity ratio of 42.10, a quick ratio of 0.62 and a current ratio of 1.30. The company has a market cap of £9.30 billion, a P/E ratio of -897.88, a PEG ratio of 2.12 and a beta of 0.79.

SEGRO (LON:SGRO) last released 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 return on equity of 0.09% and a negative net margin of 1.36%. As a group, analysts forecast that SEGRO Plc will post 37.4077408 EPS for the current fiscal year.

SEGRO Increases Dividend

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

About SEGRO

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