Bassi,Paul Buys 20,000 Shares of Real Estate Investors PLC. (RLE) Stock
Real Estate Investors PLC. (LON:RLE) insider Bassi,Paul bought 20,000 shares of the company’s stock in a transaction dated Monday, September 19th. The stock was purchased at an average price of GBX 58 ($0.76) per share, for a total transaction of £11,600 ($15,141.63).
Real Estate Investors PLC. (LON:RLE) opened at 61.00 on Wednesday. Real Estate Investors PLC. has a 12 month low of GBX 50.00 and a 12 month high of GBX 72.00. The company’s market cap is GBX 113.72 million. The company’s 50-day moving average is GBX 54.39 and its 200-day moving average is GBX 58.70.
The business also recently disclosed a dividend, which will be paid on Friday, October 28th. Investors of record on Thursday, September 29th will be issued a dividend of GBX 0.63 ($0.01) per share. The ex-dividend date of this dividend is Thursday, September 29th. This represents a yield of 1.07%.
Separately, Liberum Capital dropped their target price on shares of Real Estate Investors PLC. from GBX 75 ($0.98) to GBX 70 ($0.91) and set a “buy” rating on the stock in a research note on Monday, July 4th.
Real Estate Investors PLC. Company Profile
Real Estate Investors Plc (REI) is a real estate investment trust (REIT). The Company invests in real estate assets in the markets of central Birmingham and the Midlands. The Company generates rental income from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains.
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