Prs Reit (LON:PRSR) Insider Sells £141,360 in Stock

Prs Reit (LON:PRSR) insider Roderick MacLeod (Rod) MacRae sold 124,000 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of GBX 114, for a total transaction of £141,360.

Prs Reit Price Performance

Shares of Prs Reit stock opened at GBX 113.40 on Friday. Prs Reit has a 1-year low of GBX 96.99 and a 1-year high of GBX 126. The company has a market capitalization of £622.85 million, a PE ratio of 8.10, a P/E/G ratio of 0.34 and a beta of 0.55. The business has a 50-day moving average of GBX 113.32 and a 200-day moving average of GBX 110.12.

Prs Reit (LON:PRSR) last issued its quarterly earnings results on Tuesday, October 7th. The company reported GBX 4.40 EPS for the quarter. Prs Reit had a return on equity of 13.28% and a net margin of 160.59%. On average, equities analysts expect that Prs Reit will post 4.4399999 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Jefferies Financial Group increased their target price on Prs Reit from GBX 107 to GBX 115 and gave the company a “hold” rating in a research note on Tuesday, October 28th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of GBX 115.

Prs Reit Company Profile

www.theprsreit.com
The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector (“PRS”). It aims to provide shareholders with an attractive level of income together with the potential for capital and income growth.

The Company is investing over £1bn in a portfolio of high-quality homes for private rental, mainly across the major regions of England.