Supermarket Income REIT (LON:SUPR) Insider Acquires £15,358.56 in Stock

Supermarket Income REIT (LON:SUPR) insider Mike Perkins bought 18,284 shares of the company’s stock in a transaction that occurred on Monday, September 28th. The stock was acquired at an average price of GBX 84 per share, with a total value of £15,358.56.

Mike Perkins also recently made the following trade(s):

• On Wednesday, July 15th, Mike Perkins purchased 12,048 shares of Supermarket Income REIT stock. The stock was acquired at an average cost of GBX 83 per share, for a total transaction of £9,999.84.

Supermarket Income REIT Trading Down 2.7%

Shares of LON:SUPR opened at GBX 81 on Friday. The firm has a market cap of £1.11 billion, a price-to-earnings ratio of 16.53, a PEG ratio of 15.09 and a beta of 0.59. The stock’s 50-day moving average price is GBX 84.61 and its two-hundred day moving average price is GBX 84.04. Supermarket Income REIT has a 12-month low of GBX 76.80 and a 12-month high of GBX 89.40.

Supermarket Income REIT (LON:SUPR) last posted its quarterly earnings data on Wednesday, September 16th. The company reported GBX 5.70 EPS for the quarter. Supermarket Income REIT had a net margin of 75.21% and a return on equity of 7.76%. As a group, research analysts forecast that Supermarket Income REIT will post 6.0284281 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SUPR has been the topic of a number of recent analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 89 price target on shares of Supermarket Income REIT in a research note on Thursday, July 2nd. Peel Hunt raised shares of Supermarket Income REIT to a “buy” rating and boosted their price objective for the company from GBX 90 to GBX 100 in a research note on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 93.

Supermarket Income REIT Company Profile

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.