Rob Abraham Purchases 30,387 Shares of Supermarket Income REIT (LON:SUPR) Stock

Supermarket Income REIT (LON:SUPR) insider Rob Abraham bought 30,387 shares of the stock in a transaction on Wednesday, September 16th. The stock was purchased at an average price of GBX 82 per share, for a total transaction of £24,917.34.

Rob Abraham also recently made the following trade(s):

• On Wednesday, July 15th, Rob Abraham purchased 60,240 shares of Supermarket Income REIT stock. The shares were purchased at an average cost of GBX 83 per share, for a total transaction of £49,999.20.

Supermarket Income REIT Stock Performance

Shares of SUPR stock traded up GBX 1.70 on Wednesday, hitting GBX 84.15. 4,282,952 shares of the stock were exchanged, compared to its average volume of 13,300,015. The firm’s 50 day moving average is GBX 85.48 and its two-hundred day moving average is GBX 84.16. Supermarket Income REIT has a one year low of GBX 76.22 and a one year high of GBX 89.40. The firm has a market capitalization of £1.15 billion, a PE ratio of 17.17, a P/E/G ratio of 15.09 and a beta of 0.59. The company has a current ratio of 1.73, a quick ratio of 1.95 and a debt-to-equity ratio of 80.37.

Supermarket Income REIT (LON:SUPR) last issued its earnings results on Wednesday, September 16th. The company reported GBX 5.70 earnings per share for the quarter. Supermarket Income REIT had a net margin of 54.91% and a return on equity of 5.56%. Sell-side analysts expect that Supermarket Income REIT will post 6.0284281 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

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.