Schroder Real Estate Invest (LON:SREI) Insider Purchases £20,000 in Stock

Key Points

  • Insider purchase: Richard Dakin bought 50,000 Schroder Real Estate Invest shares at an average price of GBX 40, for a total investment of £20,000.
  • Stock performance: SREI opened at GBX 41.05, below its 50-day and 200-day moving averages of GBX 44.31 and GBX 47.03, respectively. Its 52-week trading range is GBX 39.75 to GBX 59.09.
  • Recent results and strategy: The real estate investment trust reported quarterly EPS of GBX 2.90, with a 47.43% net margin and 4.68% return on equity. It targets income and potential capital growth through a diversified UK commercial real estate portfolio.

Schroder Real Estate Invest (LON:SREI - Get Free Report) insider Richard Dakin purchased 50,000 shares of the business's stock in a transaction on Monday, September 14th. The shares were acquired at an average cost of GBX 40 per share, with a total value of £20,000.

Schroder Real Estate Invest Stock Performance

Shares of SREI stock opened at GBX 41.05 on Wednesday. The company has a 50-day simple moving average of GBX 44.31 and a 200 day simple moving average of GBX 47.03. The company has a market capitalization of £200.78 million, a price-to-earnings ratio of 14.16 and a beta of 0.53. Schroder Real Estate Invest has a 52 week low of GBX 39.75 and a 52 week high of GBX 59.09.

Schroder Real Estate Invest (LON:SREI - Get Free Report) last posted its earnings results on Friday, July 10th. The real estate investment trust reported GBX 2.90 EPS for the quarter. Schroder Real Estate Invest had a return on equity of 4.68% and a net margin of 47.43%.

Schroder Real Estate Invest Company Profile

(Get Free Report)

The investment objective of Schroder Real Estate Investment Trust ('the Company') is to provide shareholders with an attractive level of income together with the potential for income and capital growth as a result of its investments in, and active management of, a diversified portfolio of UK commercial real estate.

Further Reading

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