Warehouse REIT (WHR) Given “Buy” Rating at Peel Hunt

Peel Hunt reissued their buy rating on shares of Warehouse REIT (LON:WHR) in a research report report published on Thursday morning.

Shares of Warehouse REIT stock traded up GBX 99.99 ($1.40) during mid-day trading on Thursday, reaching GBX 101 ($1.42). 72,532 shares of the stock traded hands, compared to its average volume of 133,427. Warehouse REIT has a fifty-two week low of GBX 97 ($1.36) and a fifty-two week high of GBX 105.26 ($1.48).

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The firm also recently disclosed a dividend, which was paid on Friday, March 9th. Investors of record on Thursday, February 8th were given a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, February 8th. This represents a yield of 0.97%.

In related news, insider Neil Kirton acquired 175,000 shares of Warehouse REIT stock in a transaction dated Tuesday, March 13th. The shares were acquired at an average cost of GBX 100 ($1.40) per share, for a total transaction of £175,000 ($245,648.51).

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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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