Tritax Big Box REIT (LON:BBOX) Insider Sells £117,477.99 in Stock

Tritax Big Box REIT plc (LON:BBOX) insider Alastair Hughes sold 76,783 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of GBX 153, for a total transaction of £117,477.99.

Tritax Big Box REIT Trading Down 1.6%

BBOX stock opened at GBX 154 on Friday. The firm has a 50 day moving average of GBX 164.01 and a 200-day moving average of GBX 152.28. The company has a market cap of £4.16 billion, a price-to-earnings ratio of 8.93, a PEG ratio of 2.05 and a beta of 1.65. Tritax Big Box REIT plc has a 12-month low of GBX 121.90 and a 12-month high of GBX 174.

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

Analyst Upgrades and Downgrades

BBOX has been the subject of several research reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 230 price target on shares of Tritax Big Box REIT in a research note on Monday, January 26th. Shore Capital Group reissued a “buy” rating on shares of Tritax Big Box REIT in a research note on Thursday, January 22nd. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of GBX 218.50.

Tritax Big Box REIT Company Profile

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.