Schroder Real Estate Invest (LON:SREI) Insider Acquires £11,911.60 in Stock

Key Points

  • Insider purchase: Sanjay Patel bought 29,779 Schroder Real Estate Invest shares at GBX 40 each, for a total investment of £11,911.60.
  • Stock performance: Shares opened at GBX 41.10, with a market capitalization of £201.03 million. The stock’s 52-week range is GBX 39.75 to GBX 59.09, and its price remains below both its 50-day and 200-day moving averages.
  • Financial results and strategy: The real estate investment trust reported quarterly EPS of GBX 2.90, a 47.43% net margin, and a 4.68% return on equity. Its objective is to generate income and potential capital growth through a diversified UK commercial property portfolio.

Schroder Real Estate Invest (LON:SREI - Get Free Report) insider Sanjay Patel bought 29,779 shares of the stock in a transaction dated Monday, September 14th. The shares were acquired at an average price of GBX 40 per share, for a total transaction of £11,911.60.

Schroder Real Estate Invest Stock Performance

Shares of LON:SREI opened at GBX 41.10 on Thursday. The company has a market capitalization of £201.03 million, a P/E ratio of 14.17 and a beta of 0.53. The company's 50-day moving average is GBX 44.21 and its 200 day moving average is GBX 46.92. Schroder Real Estate Invest has a fifty-two week low of GBX 39.75 and a fifty-two week high of GBX 59.09.

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

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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