Key Points
- Insider Vanessa Simms sold 77,458 Land Securities shares at an average price of GBX 706, generating proceeds of approximately £546,853. She had made several small purchases earlier in the year.
- Land Securities shares opened at GBX 707.88, near their 12-month high of GBX 712.50, and were trading above both their 50-day and 200-day moving averages.
- Analyst sentiment remains a “Moderate Buy”, with six Buy, three Hold and one Sell rating; the consensus price target is GBX 641.33, below the reported trading price.
Land Securities Group Plc (LON:LAND - Get Free Report) insider Vanessa Simms sold 77,458 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of GBX 706, for a total transaction of £546,853.48.
Vanessa Simms also recently made the following trade(s):
- On Monday, July 6th, Vanessa Simms bought 23 shares of Land Securities Group stock. The shares were bought at an average cost of GBX 653 per share, for a total transaction of £150.19.
- On Thursday, June 4th, Vanessa Simms bought 24 shares of Land Securities Group stock. The shares were bought at an average cost of GBX 624 per share, for a total transaction of £149.76.
- On Tuesday, May 5th, Vanessa Simms purchased 26 shares of Land Securities Group stock. The shares were bought at an average price of GBX 586 per share, for a total transaction of £152.36.
Land Securities Group Trading Up 0.1%
LON LAND opened at GBX 707.88 on Thursday. The company has a fifty day simple moving average of GBX 654.40 and a two-hundred day simple moving average of GBX 626.51. The stock has a market cap of £5.27 billion, a P/E ratio of 15.42, a P/E/G ratio of 12.39 and a beta of 1.14. Land Securities Group Plc has a 12-month low of GBX 522.50 and a 12-month high of GBX 712.50. The company has a current ratio of 1.04, a quick ratio of 0.54 and a debt-to-equity ratio of 68.76.
Land Securities Group (LON:LAND - Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported GBX 51.40 EPS for the quarter. The business had revenue of £892 million during the quarter. Land Securities Group had a net margin of 38.45% and a return on equity of 5.29%. On average, analysts forecast that Land Securities Group Plc will post 49.8433829 earnings per share for the current year.
Analyst Ratings Changes
A number of brokerages have commented on LAND. Citigroup lowered their price target on Land Securities Group from GBX 627 to GBX 604 and set a "neutral" rating for the company in a research report on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 730 price objective on shares of Land Securities Group in a research note on Friday, May 15th. Jefferies Financial Group reaffirmed an "underperform" rating and set a GBX 462 target price on shares of Land Securities Group in a report on Friday, May 15th. Berenberg Bank reiterated a "buy" rating and issued a GBX 897 target price on shares of Land Securities Group in a research report on Thursday, May 14th. Finally, UBS Group reiterated a "buy" rating and issued a GBX 705 price target on shares of Land Securities Group in a report on Monday, May 11th. Six equities research 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's stock. According to data from MarketBeat, Land Securities Group presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 641.33.
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Land Securities Group Company Profile
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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.
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