Peel Hunt downgraded shares of Warehouse REIT (LON:WHR) to a restricted rating in a research report sent to investors on Monday morning, Stock Target Advisor reports.

A number of other analysts also recently weighed in on WHR. Peel Hunt restated a buy rating and issued a GBX 125 ($1.64) price target on shares of Warehouse REIT in a research note on Friday, January 24th. Royal Bank of Canada lifted their price target on Warehouse REIT to GBX 145 ($1.91) and gave the company an outperform rating in a research note on Monday, December 16th.

Shares of WHR stock opened at GBX 116.26 ($1.53) on Monday. The business’s 50 day moving average is GBX 115.15 and its two-hundred day moving average is GBX 107.55. Warehouse REIT has a twelve month low of GBX 1.04 ($0.01) and a twelve month high of GBX 118 ($1.55). The company has a market capitalization of $277.49 million and a P/E ratio of 15.30. The company has a current ratio of 1.13, a quick ratio of 1.12 and a debt-to-equity ratio of 63.77.

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

In other news, insider Aimee Pitman acquired 47,348 shares of Warehouse REIT stock in a transaction that occurred on Wednesday, December 4th. The stock was purchased at an average cost of GBX 106 ($1.39) per share, with a total value of £50,188.88 ($66,020.63). Also, insider Stephen Barrow acquired 100,000 shares of Warehouse REIT stock in a transaction that occurred on Friday, November 22nd. The shares were purchased at an average cost of GBX 108 ($1.42) per share, with a total value of £108,000 ($142,067.88).

Warehouse REIT Company Profile

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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