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Triple Point Social Housing REIT Sees Director-Linked Share Acquisition

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Triple Point Social Housing REIT Sees Director-Linked Share Acquisition

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An update from Triple Point Social Housing REIT PLC ( (GB:SOHO) ) is now available.

Triple Point Social Housing REIT PLC announced that Tilford Holdings Limited, a closely associated entity of director Steven Windsor, acquired 142,248 ordinary shares in the company. This acquisition increases the total shareholding of Steven Windsor and his associated entities to 1,063,762 shares, representing 0.27% of the company’s issued share capital. This transaction highlights ongoing investment interest and confidence in the company’s market position and future prospects.

The most recent analyst rating on (GB:SOHO) stock is a Hold with a £57.00 price target. To see the full list of analyst forecasts on Triple Point Social Housing REIT PLC stock, see the GB:SOHO Stock Forecast page.

Spark’s Take on GB:SOHO Stock

According to Spark, TipRanks’ AI Analyst, GB:SOHO is a Neutral.

Triple Point Social Housing REIT PLC displays a moderate overall stock score due to mixed financial performance and valuation concerns. While technical indicators are strong, suggesting upward momentum, the negative P/E ratio and financial challenges dampen outlook. The high dividend yield and stakeholder confidence are positives, but emphasis on revenue recovery and tenant management is needed to enhance future stability.

To see Spark’s full report on GB:SOHO stock, click here.

More about Triple Point Social Housing REIT PLC

Triple Point Social Housing REIT PLC operates within the real estate investment trust industry, focusing on providing social housing solutions. The company primarily invests in a diversified portfolio of social housing assets across the UK, aiming to deliver stable returns to its stakeholders while addressing housing needs.

Average Trading Volume: 796,387

Technical Sentiment Signal: Buy

Current Market Cap: £269.5M

Learn more about SOHO stock on TipRanks’ Stock Analysis page.

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