Sirius Real Estate's (SRE) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Sirius Real Estate (LON:SRE - Free Report) in a report published on Tuesday, Marketbeat reports. The firm currently has a GBX 115 ($1.46) target price on the stock.

Sirius Real Estate Stock Performance

LON SRE traded down GBX 0.76 ($0.01) during trading on Tuesday, reaching GBX 79.64 ($1.01). The company's stock had a trading volume of 3,521,128 shares, compared to its average volume of 3,783,171. The business's fifty day moving average price is GBX 89 and its 200-day moving average price is GBX 94.12. Sirius Real Estate has a twelve month low of GBX 79.15 ($1.00) and a twelve month high of GBX 101.80 ($1.29). The company has a debt-to-equity ratio of 69.81, a quick ratio of 1.49 and a current ratio of 1.87. The firm has a market cap of £1.19 billion, a price-to-earnings ratio of 1,137.77 and a beta of 1.18.

Sirius Real Estate Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, January 23rd. Shareholders of record on Thursday, December 12th will be given a dividend of €0.03 ($0.03) per share. This represents a yield of 2.89%. This is a boost from Sirius Real Estate's previous dividend of $0.03. The ex-dividend date of this dividend is Thursday, December 12th. Sirius Real Estate's dividend payout ratio (DPR) is presently 7,142.86%.

Insider Buying and Selling at Sirius Real Estate

In other news, insider Andrew Coombs bought 1,120,973 shares of Sirius Real Estate stock in a transaction dated Tuesday, November 19th. The stock was bought at an average price of GBX 88 ($1.12) per share, for a total transaction of £986,456.24 ($1,251,530.37). Company insiders own 1.95% of the company's stock.

Sirius Real Estate Company Profile

Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company's core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company's own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment.