Insider Buying: 360 Capital REIT (ASX:TOT) Insider Purchases 480,000 Shares of Stock

360 Capital REIT (ASX:TOT) insider Tony Pitt acquired 480,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was acquired at an average price of A$0.39 ($0.25) per share, with a total value of A$184,800.00 ($120,000.00).

Tony Pitt also recently made the following trade(s):

• On Tuesday, June 10th, Tony Pitt acquired 200,595 shares of 360 Capital REIT stock. The stock was acquired at an average price of A$0.38 ($0.25) per share, with a total value of A$77,028.48 ($50,018.49).
• On Wednesday, May 7th, Tony Pitt acquired 21,227 shares of 360 Capital REIT stock. The stock was acquired at an average price of A$0.37 ($0.24) per share, with a total value of A$7,853.99 ($5,099.99).
• On Friday, May 9th, Tony Pitt acquired 128,773 shares of 360 Capital REIT stock. The stock was acquired at an average price of A$0.38 ($0.25) per share, with a total value of A$48,933.74 ($31,775.16).
• On Monday, March 17th, Tony Pitt acquired 2,274,000 shares of 360 Capital REIT stock. The stock was acquired at an average price of A$0.38 ($0.25) per share, with a total value of A$864,120.00 ($561,116.88).

360 Capital REIT Stock Performance

The company has a debt-to-equity ratio of 57.00, a current ratio of 1.22 and a quick ratio of 62.97. The stock has a market capitalization of $88.75 million, a price-to-earnings ratio of 0.46 and a beta of 0.43.

360 Capital REIT Dividend Announcement

The company also recently declared a Interim dividend, which was paid on Wednesday, April 23rd. Shareholders of record on Wednesday, April 23rd were given a dividend of $0.007 per share. This represents a yield of 1.9%. The ex-dividend date was Thursday, March 27th. 360 Capital REIT’s dividend payout ratio (DPR) is currently -23.08%.

About 360 Capital REIT

360 Capital REIT invests across the entire real estate capital stack to take advantage of varying market conditions in order to maximize risk adjusted returns for unit holders. It was formerly known as 360 Capital Total Return Fund. 360 Capital REIT is based in Sydney, Australia.