Supermarket Income REIT (LON:SUPR) Insider Buys £39,799.20 in Stock

Key Points

• Sapna Shah bought 47,380 shares on March 19 at GBX 84 (£39,799.20) and 17,900 shares on March 11 at GBX 84 (£15,036), a combined 65,280 shares worth £54,835.20.
• The stock opened at GBX 81.09 with a market cap of £1.01 billion and a P/E of 16.55; analysts have a consensus Moderate Buy rating with an average target of GBX 85.67, while Stifel Nicolaus reiterates a Buy at GBX 95.
• Supermarket Income REIT reported GBX 2.70 EPS for the quarter with a net margin of 54.91% and focuses on long-dated, inflation-linked grocery property income aimed at progressive dividends.

Supermarket Income REIT (LON:SUPR - Get Free Report) insider Sapna Shah purchased 47,380 shares of the stock in a transaction dated Thursday, March 19th. The stock was purchased at an average price of GBX 84 per share, for a total transaction of £39,799.20.

Sapna Shah also recently made the following trade(s):

• On Wednesday, March 11th, Sapna Shah acquired 17,900 shares of Supermarket Income REIT stock. The stock was purchased at an average cost of GBX 84 per share, for a total transaction of £15,036.

Supermarket Income REIT Trading Down 0.9%

LON SUPR opened at GBX 81.09 on Monday. The firm has a market cap of £1.01 billion, a PE ratio of 16.55, a price-to-earnings-growth ratio of 15.09 and a beta of 0.54. The company has a quick ratio of 1.95, a current ratio of 1.73 and a debt-to-equity ratio of 80.37. Supermarket Income REIT has a 52 week low of GBX 71.48 and a 52 week high of GBX 89.20. The company has a 50 day moving average price of GBX 84.87 and a 200 day moving average price of GBX 81.55.

Supermarket Income REIT (LON:SUPR - Get Free Report) last posted its earnings results on Wednesday, March 11th. The company reported GBX 2.70 EPS for the quarter. Supermarket Income REIT had a net margin of 54.91% and a return on equity of 5.56%. As a group, sell-side analysts forecast that Supermarket Income REIT will post 6.0284281 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Stifel Nicolaus reaffirmed a "buy" rating and set a GBX 95 price objective on shares of Supermarket Income REIT in a report on Wednesday, March 11th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 85.67.

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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