Insider Buying: Sirius Real Estate Limited (LON:SRE) Insider Purchases 5,000 Shares of Stock

Sirius Real Estate Limited (LON:SRE) insider Andrew Coombs purchased 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The stock was acquired at an average price of GBX 80 ($1.01) per share, for a total transaction of £4,000 ($5,027.02).

Andrew Coombs also recently made the following trade(s):

• On Tuesday, November 19th, Andrew Coombs acquired 1,120,973 shares of Sirius Real Estate stock. The stock was acquired at an average price of GBX 88 ($1.11) per share, with a total value of £986,456.24 ($1,239,733.87).
• On Thursday, September 26th, Andrew Coombs sold 1,008,700 shares of Sirius Real Estate stock. The stock was sold at an average price of GBX 98 ($1.23), for a total transaction of £988,526 ($1,242,335.05).
• On Tuesday, September 24th, Andrew Coombs sold 48,220 shares of Sirius Real Estate stock. The shares were sold at an average price of GBX 100 ($1.26), for a total transaction of £48,220 ($60,600.73).

Sirius Real Estate Stock Performance

LON SRE opened at GBX 78.35 ($0.98) on Friday. The business has a 50 day moving average price of GBX 88.16 and a 200 day moving average price of GBX 93.75. The company has a market capitalization of £1.18 billion, a P/E ratio of 1,119.29 and a beta of 1.18. Sirius Real Estate Limited has a 1-year low of GBX 75.75 ($0.95) and a 1-year high of GBX 101.80 ($1.28). The company has a debt-to-equity ratio of 69.81, a current ratio of 1.87 and a quick ratio of 1.49.

Sirius Real Estate Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, January 23rd. Stockholders of record on Thursday, December 12th will be given a €0.03 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a dividend yield of 2.89%. This is a boost from Sirius Real Estate’s previous dividend of $0.03. Sirius Real Estate’s dividend payout ratio (DPR) is currently 7,142.86%.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 115 ($1.45) target price on shares of Sirius Real Estate in a research report on Tuesday.

Sirius Real Estate Company Profile

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.