Peel Hunt Reaffirms “Restricted” Rating for Warehouse REIT (LON:WHR)

Peel Hunt reissued their restricted rating on shares of Warehouse REIT (LON:WHR) in a report issued on Monday morning, ThisIsMoney.Co.Uk reports.

A number of other research firms also recently commented on WHR. Peel Hunt reaffirmed a buy rating and set a GBX 125 ($1.64) price objective on shares of Warehouse REIT in a report on Friday, January 24th. Royal Bank of Canada raised their price objective on shares of Warehouse REIT to GBX 145 ($1.91) and gave the stock an outperform rating in a report on Monday, December 16th.

Shares of Warehouse REIT stock opened at GBX 111.50 ($1.47) on Monday. The company has a debt-to-equity ratio of 63.77, a current ratio of 1.13 and a quick ratio of 1.12. Warehouse REIT has a fifty-two week low of GBX 1.04 ($0.01) and a fifty-two week high of GBX 119 ($1.57). The firm has a fifty day moving average price of GBX 115.58 and a two-hundred day moving average price of GBX 108.05. The company has a market cap of $278.70 million and a PE ratio of 14.67.

The firm also recently disclosed a dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, February 27th will be issued a dividend of GBX 1.60 ($0.02) per share. This represents a dividend yield of 1.36%. This is an increase from Warehouse REIT’s previous dividend of $1.50. The ex-dividend date is Thursday, February 27th. Warehouse REIT’s dividend payout ratio (DPR) is presently 0.79%.

In other Warehouse REIT news, insider Aimee Pitman acquired 47,348 shares of Warehouse REIT stock in a transaction dated Wednesday, December 4th. The stock was bought at an average cost of GBX 106 ($1.39) per share, with a total value of £50,188.88 ($66,020.63).

About Warehouse REIT

Warehouse REIT plc is a real estate investment trust. The firm invests in the real estate markets of United Kingdom. It makes investments in UK urban warehouses. Warehouse REIT Plc was founded in July 24, 2017 and is based in Chester, United Kingdom with an additional office in London, United Kingdom.

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