Supermarket Income REIT (LON:SUPR) Insider Acquires 18,284 Shares of Company Stock

Key Points

• Insider buying: Mike Perkins purchased 18,284 Supermarket Income REIT shares at GBX 84 each, totaling £15,358.56. He also bought £9,999.84 worth of shares in July.
• Stock performance: SUPR opened at GBX 83.50, with a 52-week range of GBX 76.60 to GBX 89.40 and a market capitalization of approximately £1.14 billion.
• Analyst outlook: Analysts maintain a consensus “Moderate Buy” rating, with a consensus price target of GBX 93; recent targets range from GBX 89 to GBX 100.

Supermarket Income REIT (LON:SUPR - Get Free Report) insider Mike Perkins purchased 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, for a total transaction 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 shares were acquired at an average cost of GBX 83 per share, with a total value of £9,999.84.

Supermarket Income REIT Price Performance

SUPR stock opened at GBX 83.50 on Tuesday. The company has a fifty day moving average price of GBX 84.83 and a two-hundred day moving average price of GBX 84.05. Supermarket Income REIT has a one year low of GBX 76.60 and a one year high of GBX 89.40. The stock has a market cap of £1.14 billion, a price-to-earnings ratio of 17.04, a price-to-earnings-growth ratio of 15.09 and a beta of 0.59.

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

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Jefferies Financial Group restated a "buy" rating and issued 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 report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus 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.

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