Key Points
- Land Securities Group insider Mark Allan sold 42,500 shares on May 19 at an average price of GBX 597, generating about £253,725 in proceeds.
- Allan had recently made two small purchases of the stock, buying 25 shares on May 5 at GBX 586 and 25 shares on March 4 at GBX 619.
- Analyst sentiment remains mixed but constructive, with an average rating of “Moderate Buy” and a consensus price target of GBX 641.33; the shares last traded around GBX 592.62.
Land Securities Group Plc (LON:LAND - Get Free Report) insider Mark Allan sold 42,500 shares of Land Securities Group stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of GBX 597, for a total transaction of £253,725.
Mark Allan also recently made the following trade(s):
- On Tuesday, May 5th, Mark Allan acquired 25 shares of Land Securities Group stock. The stock was bought at an average cost of GBX 586 per share, for a total transaction of £146.50.
- On Wednesday, March 4th, Mark Allan bought 25 shares of Land Securities Group stock. The shares were bought at an average price of GBX 619 per share, with a total value of £154.75.
Land Securities Group Stock Performance
LON LAND opened at GBX 592.62 on Wednesday. The stock has a market cap of £4.42 billion, a PE ratio of 17.80, a P/E/G ratio of 12.39 and a beta of 1.13. The company has a debt-to-equity ratio of 68.76, a quick ratio of 0.54 and a current ratio of 1.04. The firm has a 50-day moving average of GBX 581.39 and a 200-day moving average of GBX 611.81. Land Securities Group Plc has a 52-week low of GBX 522.50 and a 52-week high of GBX 678.50.
Land Securities Group (LON:LAND - Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported GBX 51.40 EPS for the quarter. The business had revenue of £892 million for the quarter. Land Securities Group had a net margin of 38.45% and a return on equity of 5.29%. On average, sell-side analysts anticipate that Land Securities Group Plc will post 49.8433829 EPS for the current year.
Analyst Upgrades and Downgrades
LAND has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 730 target price on shares of Land Securities Group in a research report on Friday, May 15th. Citigroup reduced their price target on Land Securities Group from GBX 627 to GBX 604 and set a "neutral" rating for the company in a research note on Thursday, April 2nd. Berenberg Bank reiterated a "buy" rating and set a GBX 897 price objective on shares of Land Securities Group in a research report on Thursday, May 14th. Jefferies Financial Group reissued an "underperform" rating and set a GBX 462 target price on shares of Land Securities Group in a report on Friday, May 15th. Finally, UBS Group reissued a "buy" rating and issued a GBX 705 target price on shares of Land Securities Group in a research report on Monday, May 11th. Six analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of GBX 641.33.
Get Our Latest Stock Analysis on LAND
About Land Securities Group
(
Get Free Report)
At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
