Insider Selling: Tritax Big Box REIT (LON:BBOX) Insider Sells 76,783 Shares of Stock

Tritax Big Box REIT plc (LON:BBOXGet Free Report) insider Alastair Hughes sold 76,783 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of GBX 153, for a total value of £117,477.99.

Tritax Big Box REIT Price Performance

LON BBOX traded up GBX 3.50 during mid-day trading on Tuesday, reaching GBX 158.70. 8,875,534 shares of the stock were exchanged, compared to its average volume of 33,672,406. The stock has a 50 day simple moving average of GBX 163.76 and a 200-day simple moving average of GBX 152.12. Tritax Big Box REIT plc has a one year low of GBX 121.90 and a one year high of GBX 174. The stock has a market cap of £4.29 billion, a P/E ratio of 9.20, a P/E/G ratio of 2.05 and a beta of 1.65.

Tritax Big Box REIT (LON:BBOXGet Free Report) last issued its earnings results on Friday, February 27th. The company reported GBX 8.38 earnings per share (EPS) for the quarter. Tritax Big Box REIT had a net margin of 111.98% and a return on equity of 5.78%. Sell-side analysts anticipate that Tritax Big Box REIT plc will post 8.9700057 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on BBOX. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 230 price objective on shares of Tritax Big Box REIT in a research report on Monday, January 26th. Shore Capital Group restated a “buy” rating on shares of Tritax Big Box REIT in a research report on Thursday, January 22nd. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 218.50.

View Our Latest Stock Report on Tritax Big Box REIT

About Tritax Big Box REIT

(Get Free Report)

Tritax Big Box REIT plc (ticker: BBOX) is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. BBOX is committed to delivering attractive and sustainable returns for Shareholders by investing in and actively managing existing built investments and land suitable for logistics development. The Company focuses on well-located, modern logistics assets, typically let to institutional-grade tenants on long-term leases with upward-only rent reviews and geographic and tenant diversification throughout the UK.

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