HMSO LN

Hammerson PLC R.E.I.T.

Finance/Real Estate, Consumer


Presented:05/20/2021
Price:£0.37
Cap:$2.29B
Current Price:£3.09
Cap:$2.29B

Presented

Date05/20/2021
Price£0.37
Market Cap$2.29B
Ent Value$4.42B
P/E RatioN/A
Book Value£0.79
Div Yield1.09%
Shares O/S4,050.43M
Ave Daily Vol22,469,678
Short IntN/A

Current

Price£3.09
Market Cap$2.29B
Hammerson Plc engages in the investment, development, and management of shopping centers, retail parks, and offices. It operates through the following geographical segments: United Kingdom, France, and Ireland. The United Kingdom segment consists of shopping centers, retail parks, and other. The France segment involves in the development activities. The Ireland segment includes shopping centers. The company was founded by Lewis W. Hammerson in 1942 and is headquartered in London, the United Kingdom.

Publicly traded companies mentioned herein: Hammerson PLC (HMSO LN), Simon Property Group Inc (SPG), Unibail-Rodamco-Westfield SE (URW NA)

Highlights

The presenter is short shares of Hammerson PLC (HMSO LN) a UK mall REIT. The stock is up ~50% YTD as investors have viewed it as a reopening trade, but he believes that the market is failing to delineate between structural and cyclical beneficiaries and that mall REITs are a good example of this. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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