360 Capital REIT (ASX:TOT) Insider Tony Pitt Buys 2,274,000 Shares

360 Capital REIT (ASX:TOT) insider Tony Pitt bought 2,274,000 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The stock was purchased at an average cost of A$0.38 ($0.24) per share, with a total value of A$864,120.00 ($543,471.70).

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

• On Friday, March 14th, Tony Pitt bought 385,000 shares of 360 Capital REIT stock. The stock was purchased at an average cost of A$0.38 ($0.24) per share, with a total value of A$146,300.00 ($92,012.58).
• On Tuesday, February 25th, Tony Pitt purchased 126,050 shares of 360 Capital REIT stock. The shares were bought at an average price of A$0.39 ($0.25) per share, with a total value of A$49,159.50 ($30,917.92).

360 Capital REIT Stock Performance

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

360 Capital REIT Dividend Announcement

The firm also recently announced a Interim dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 23rd will be paid a $0.007 dividend. The ex-dividend date is Thursday, March 27th. This represents a dividend yield of 1.9%. 360 Capital REIT’s payout ratio is presently -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.