Great Portland Estates (LON:GPE) Insider Purchases £148.68 in Stock

Great Portland Estates Plc (LON:GPE) insider Toby Courtauld bought 42 shares of the stock in a transaction on Friday, July 31st. The stock was purchased at an average price of GBX 354 per share, with a total value of £148.68.

Toby Courtauld also recently made the following trade(s):

• On Tuesday, June 30th, Toby Courtauld purchased 45 shares of Great Portland Estates stock. The shares were purchased at an average price of GBX 334 per share, for a total transaction of £150.30.
• On Tuesday, June 2nd, Toby Courtauld sold 29,288 shares of Great Portland Estates stock. The shares were sold at an average price of GBX 314, for a total value of £91,964.32.
• On Friday, May 29th, Toby Courtauld acquired 48 shares of Great Portland Estates stock. The stock was purchased at an average price of GBX 312 per share, with a total value of £149.76.

Great Portland Estates Stock Up 0.4%

LON:GPE opened at GBX 359.72 on Thursday. Great Portland Estates Plc has a 1-year low of GBX 270 and a 1-year high of GBX 377. The company has a 50-day moving average of GBX 330.10 and a 200 day moving average of GBX 324.25. The firm has a market cap of £1.45 billion, a PE ratio of 9.44, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91. The company has a debt-to-equity ratio of 41.28, a current ratio of 0.54 and a quick ratio of 0.46.

Great Portland Estates (LON:GPE) last issued its earnings results on Thursday, June 25th. The company reported GBX 3.90 earnings per share (EPS) for the quarter. The company had revenue of GBX 5,460 million for the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. As a group, research analysts anticipate that Great Portland Estates Plc will post 6.1719457 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently issued reports on GPE. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 450 price objective on shares of Great Portland Estates in a research note on Thursday, April 16th. Shore Capital Group restated a “buy” rating on shares of Great Portland Estates in a report on Friday, May 8th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 334 target price on shares of Great Portland Estates in a research report on Thursday, July 2nd. UBS Group reiterated a “sell” rating and issued a GBX 315 price target on shares of Great Portland Estates in a report on Monday, May 18th. Finally, Berenberg Bank reduced their price target on Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating for the company in a research report on Monday, June 22nd. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of GBX 388.22.

Great Portland Estates Company Profile

GPE is a FTSE 250 real estate investor and developer. GPE aims to deliver superior returns by unlocking the often hidden potential in commercial real estate in central London, creating high quality sustainable spaces for its customers and long-term value for its stakeholders.