SEGRO Plc (LON:SGRO) Insider Sells £515,567.36 in Stock

SEGRO Plc (LON:SGRO) insider Soumen Das sold 73,234 shares of the business’s stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of GBX 704 ($9.11), for a total transaction of £515,567.36 ($667,314.73).

SEGRO Price Performance

SGRO stock opened at GBX 692.20 ($8.96) on Friday. The company has a market capitalization of £9.30 billion, a P/E ratio of -897.88, a price-to-earnings-growth ratio of 2.12 and a beta of 0.79. SEGRO Plc has a 52-week low of GBX 659.20 ($8.53) and a 52-week high of GBX 949 ($12.28). The business has a 50-day simple moving average of GBX 704.52 and a two-hundred day simple moving average of GBX 758.63. The company has a debt-to-equity ratio of 42.10, a quick ratio of 0.62 and a current ratio of 1.30.

SEGRO (LON:SGRO) last announced its quarterly earnings results on Friday, February 14th. The real estate investment trust reported GBX 34.50 ($0.45) earnings per share (EPS) for the quarter. SEGRO had a negative return on equity of 0.09% and a negative net margin of 1.36%. Research analysts expect that SEGRO Plc will post 37.4077408 EPS for the current fiscal year.

SEGRO Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, May 14th. Investors of record on Thursday, March 27th will be issued a dividend of GBX 20.20 ($0.26) per share. The ex-dividend date of this dividend is Thursday, March 27th. This is a boost from SEGRO’s previous dividend of $9.10. This represents a yield of 2.88%. SEGRO’s payout ratio is -3,632.01%.

SEGRO Company Profile

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and industrial property.