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

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

Tritax Big Box REIT Stock Performance

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

Tritax Big Box REIT (LON:BBOX) last posted its quarterly 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 return on equity of 5.78% and a net margin of 111.98%. On average, equities research analysts forecast that Tritax Big Box REIT plc will post 8.9700057 EPS for the current fiscal year.

Analyst Ratings Changes

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

About Tritax Big Box REIT

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.