Insider Buying: Regional REIT Limited (LON:RGL) Insider Buys 70,309 Shares of Stock

Regional REIT Limited (LON:RGL) insider Frances Daley bought 70,309 shares of the stock in a transaction on Wednesday, September 22nd. The stock was purchased at an average price of GBX 88 ($1.15) per share, for a total transaction of £61,871.92 ($80,836.06).

Shares of LON:RGL opened at GBX 88.50 ($1.16) on Friday. The company’s fifty day moving average price is GBX 88.62 and its 200-day moving average price is GBX 146.05. The company has a debt-to-equity ratio of 88.90, a current ratio of 2.17 and a quick ratio of 2.17. The firm has a market capitalization of £456.43 million and a price-to-earnings ratio of 27.66. Regional REIT Limited has a one year low of GBX 58.30 ($0.76) and a one year high of GBX 93.20 ($1.22).

The business also recently announced a dividend, which will be paid on Friday, October 15th. Investors of record on Thursday, September 9th will be given a GBX 1.60 ($0.02) dividend. The ex-dividend date is Thursday, September 9th. This represents a yield of 1.82%. Regional REIT’s dividend payout ratio (DPR) is presently 2.33%.

Several research firms recently issued reports on RGL. Peel Hunt reissued a “buy” rating and set a GBX 95 ($1.24) price objective on shares of Regional REIT in a research note on Monday, July 12th. Peel Hunt reiterated a “buy” rating and set a GBX 95 ($1.24) price target on shares of Regional REIT in a research report on Monday, July 12th.

Regional REIT Company Profile

Regional REIT Limited ("Regional REIT" or the "Company") and its subsidiaries (the "Group") is a United Kingdom ("UK") based real estate investment trust that launched in November 2015. It is managed by London & Scottish Property Investment Management Limited, the Asset Manager, and Toscafund Asset Management LLP, the Investment Manager.

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