Warehouse REIT (LON:WHR) Shares Down 0.2% – Time to Sell?

Warehouse REIT (LON:WHR) shares traded down 0.2% during mid-day trading on Thursday . The stock traded as low as GBX 85.50 ($1.12) and last traded at GBX 86.10 ($1.13). 527,498 shares changed hands during trading, a decline of 43% from the average session volume of 933,602 shares. The stock had previously closed at GBX 86.30 ($1.13).

Analysts Set New Price Targets

A number of research analysts recently weighed in on WHR shares. Shore Capital restated a “hold” rating on shares of Warehouse REIT in a report on Monday, June 24th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 108 ($1.41) target price on shares of Warehouse REIT in a report on Monday, June 24th.

Warehouse REIT Stock Up 0.3 %

The firm has a 50-day moving average price of GBX 87.05 and a two-hundred day moving average price of GBX 83.82. The company has a market capitalization of £367.08 million, a P/E ratio of 1,080.00, a PEG ratio of 1.79 and a beta of 0.91. The company has a quick ratio of 0.71, a current ratio of 5.48 and a debt-to-equity ratio of 55.20.

Warehouse REIT Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, October 4th. Shareholders of record on Thursday, September 5th were given a GBX 1.60 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a yield of 1.86%. Warehouse REIT’s dividend payout ratio is 7,500.00%.

Warehouse REIT Company Profile

Warehouse REIT plc is a closed-ended Real Estate Investment Trust ("REIT") with an indefinite life incorporated in England and Wales on 24 July 2017. The Company began trading on 20 September 2017. The registered office of the Company is located at 65 Gresham Street, London EC2V 7NQ. The Company's shares are admitted to trading on the Premium Listing Segment of the Main Market, a market operated by the London Stock Exchange.