Sirius Real Estate Limited (LON:SRE) Insider Andrew Coombs Acquires 5,301 Shares

Sirius Real Estate Limited (LON:SREGet Rating) insider Andrew Coombs acquired 5,301 shares of Sirius Real Estate stock in a transaction on Monday, June 5th. The stock was purchased at an average cost of GBX 88 ($1.09) per share, with a total value of £4,664.88 ($5,799.20).

Sirius Real Estate Stock Up 1.2 %

SRE opened at GBX 89.40 ($1.11) on Wednesday. The company has a quick ratio of 1.49, a current ratio of 1.57 and a debt-to-equity ratio of 83.98. The stock has a market cap of £1.05 billion, a price-to-earnings ratio of 812.73 and a beta of 1.15. Sirius Real Estate Limited has a twelve month low of GBX 64.20 ($0.80) and a twelve month high of GBX 116.20 ($1.44). The company’s 50-day moving average price is GBX 79.57 and its two-hundred day moving average price is GBX 80.45.

Sirius Real Estate Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, August 17th. Shareholders of record on Thursday, July 13th will be paid a €0.03 ($0.03) dividend. This represents a yield of 3.02%. This is a boost from Sirius Real Estate’s previous dividend of $0.03. The ex-dividend date is Thursday, July 13th. Sirius Real Estate’s payout ratio is presently 4,545.45%.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 123 ($1.53) price objective on shares of Sirius Real Estate in a research report on Thursday, April 13th.

About Sirius Real Estate

(Get Rating)

Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company’s core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company’s own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment.

Further Reading

Insider Buying and Selling by Quarter for Sirius Real Estate (LON:SRE)

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