Value and Indexed Property Income (LON:VIP) Announces Earnings Results

Value and Indexed Property Income (LON:VIP) issued its earnings results on Wednesday. The company reported GBX 11.57 EPS for the quarter, Digital Look Earnings reports. Value and Indexed Property Income had a return on equity of 5.23% and a net margin of 50.02%.The firm had revenue of GBX 910 million for the quarter.

Value and Indexed Property Income Stock Performance

VIP opened at GBX 206.40 on Wednesday. The company has a market cap of £87.81 million, a PE ratio of 16.16 and a beta of 0.89. The stock has a 50-day moving average of GBX 203.35 and a 200-day moving average of GBX 201.43. Value and Indexed Property Income has a 52-week low of GBX 180.50 and a 52-week high of GBX 219. The company has a debt-to-equity ratio of 57.78, a quick ratio of 22.47 and a current ratio of 10.28.

Analyst Upgrades and Downgrades

A number of brokerages have commented on VIP. Shore Capital Group restated a “house stock” rating on shares of Value and Indexed Property Income in a research note on Friday, June 12th. Berenberg Bank restated a “hold” rating and issued a GBX 199 target price on shares of Value and Indexed Property Income in a research note on Friday, June 12th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Value and Indexed Property Income presently has an average rating of “Hold” and a consensus target price of GBX 194.50.

Value and Indexed Property Income Company Profile

Value and Income Trust plc is a closed-ended equity mutual fund launched by Value & Income Services Limited. The fund is co-managed by OLIM Ltd. and OLIM Property Limited. It invests in the public equity markets of the United Kingdom. The fund also invests in convertible securities. It seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of small and mid cap companies. The fund also directly invests in commercial property.