Value and Indexed Property Income (LON:VIP) Releases Quarterly Earnings Results

Value and Indexed Property Income (LON:VIP) posted its quarterly earnings data on Wednesday. The company reported GBX 11.57 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Value and Indexed Property Income had a return on equity of 5.23% and a net margin of 50.02%.The company had revenue of GBX 910 million for the quarter.

Value and Indexed Property Income Trading Down 2.0%

Shares of LON:VIP opened at GBX 199.98 on Friday. The company’s 50 day moving average is GBX 203.80 and its two-hundred day moving average is GBX 201.56. The company has a market cap of £85.08 million, a PE ratio of 15.66 and a beta of 0.89. Value and Indexed Property Income has a 52 week low of GBX 180.50 and a 52 week high of GBX 219. The company has a current ratio of 10.28, a quick ratio of 22.47 and a debt-to-equity ratio of 57.78.

Analyst Ratings Changes

Several brokerages recently commented on VIP. Berenberg Bank reiterated a “hold” rating and set a GBX 199 price target on shares of Value and Indexed Property Income in a research report on Friday, June 12th. Shore Capital Group restated a “house stock” rating on shares of Value and Indexed Property Income in a research report on Friday, June 12th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of GBX 194.50.

About Value and Indexed Property Income

Value and Income Trust plc is a closed-ended equity mutual fund launched by Value & Income Services Limited. The fund is co-managed by OLIM Ltd. and OLIM Property Limited. It invests in the public equity markets of the United Kingdom. The fund also invests in convertible securities. It seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of small and mid cap companies. The fund also directly invests in commercial property.