News articles about Griffin Industrial Realty (NASDAQ:GRIF) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Griffin Industrial Realty earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 46.7478483524071 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Separately, TheStreet downgraded shares of Griffin Industrial Realty from a “b-” rating to a “c+” rating in a research note on Monday, October 23rd.
Griffin Industrial Realty (GRIF) traded down $0.40 during trading on Monday, reaching $36.10. 400 shares of the company were exchanged, compared to its average volume of 4,857. The stock has a market capitalization of $180.54, a P/E ratio of 28.42 and a beta of 1.16. Griffin Industrial Realty has a 52 week low of $27.57 and a 52 week high of $37.20.
The firm also recently declared an annual dividend, which will be paid on Friday, December 8th. Investors of record on Friday, December 1st will be paid a dividend of $0.40 per share. This is an increase from Griffin Industrial Realty’s previous annual dividend of $0.30. The ex-dividend date is Thursday, November 30th. This represents a yield of 1.11%. Griffin Industrial Realty’s dividend payout ratio is presently 31.50%.
In other Griffin Industrial Realty news, SVP Thomas M. Lescalleet sold 2,500 shares of the business’s stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $35.80, for a total transaction of $89,500.00. Following the transaction, the senior vice president now owns 2,488 shares in the company, valued at $89,070.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Susan Cullman sold 10,000 shares of the business’s stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $36.15, for a total transaction of $361,500.00. Following the transaction, the insider now owns 1,000 shares in the company, valued at approximately $36,150. The disclosure for this sale can be found here. 29.20% of the stock is owned by corporate insiders.
About Griffin Industrial Realty
Griffin Industrial Realty, Inc is engaged in real estate business. The Company is principally engaged in developing, managing and leasing industrial/warehouse properties and office/flex properties. As of November 30, 2016, the Company owned 33 buildings comprising approximately 3,297,000 square feet that was 93% leased.
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