Hammerson (LON:HMSO) Insider Sells £195,733.80 in Stock

Key Points

  • Insider sale: Director Himanshu Raja sold 58,428 shares on April 28 at GBX 335, generating proceeds of £195,733.80.
  • Hammerson is trading around GBX 336 (52‑week range GBX 244.60–373) with a market cap of £1.78bn and a P/E of 7.31; brokers' views are mixed but the MarketBeat consensus is a "Hold" with a target of GBX 346.71.

Hammerson Plc (LON:HMSO - Get Free Report) insider Himanshu Raja sold 58,428 shares of the firm's stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of GBX 335, for a total value of £195,733.80.

Hammerson Trading Down 0.2%

Shares of HMSO opened at GBX 336.40 on Wednesday. Hammerson Plc has a 52-week low of GBX 244.60 and a 52-week high of GBX 373. The business's fifty day moving average is GBX 329.51 and its 200-day moving average is GBX 325.51. The company has a debt-to-equity ratio of 80.80, a quick ratio of 1.28 and a current ratio of 4.26. The firm has a market cap of £1.78 billion, a price-to-earnings ratio of 7.31, a PEG ratio of 1.68 and a beta of 1.81.

Hammerson (LON:HMSO - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported GBX 46 earnings per share (EPS) for the quarter. Hammerson had a return on equity of 11.77% and a net margin of 109.58%. Equities analysts anticipate that Hammerson Plc will post 20.7491639 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on HMSO. Berenberg Bank lifted their price target on Hammerson from GBX 405 to GBX 409 and gave the company a "buy" rating in a research note on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft lifted their price target on Hammerson from GBX 320 to GBX 370 and gave the company a "hold" rating in a research note on Friday, March 20th. Finally, The Goldman Sachs Group decreased their price target on Hammerson from GBX 361 to GBX 338 and set a "neutral" rating on the stock in a research note on Monday, March 30th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of GBX 346.71.




View Our Latest Stock Analysis on HMSO

About Hammerson

(Get Free Report)

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods. Our assets are high profile and play an important role in our communities, welcoming c.

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