Hammerson (LON:HMSO) Insider Sells £239,405.68 in Stock

Hammerson Plc (LON:HMSO) insider Rob Wilkinson sold 72,328 shares of the business’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of GBX 331, for a total transaction of £239,405.68.

Rob Wilkinson also recently made the following trade(s):

• On Friday, December 19th, Rob Wilkinson bought 155,718 shares of Hammerson stock. The stock was bought at an average price of GBX 323 per share, for a total transaction of £502,969.14.

Hammerson Stock Down 3.3%

Shares of HMSO stock traded down GBX 11 during trading hours on Thursday, hitting GBX 324.40. 2,605,991 shares of the company were exchanged, compared to its average volume of 2,416,843. The stock has a market capitalization of £1.72 billion, a price-to-earnings ratio of 7.08, a P/E/G ratio of 1.68 and a beta of 1.81. Hammerson Plc has a one year low of GBX 219.20 and a one year high of GBX 373. The business’s 50-day simple moving average is GBX 346.40 and its two-hundred day simple moving average is GBX 318.67. The company has a debt-to-equity ratio of 80.80, a quick ratio of 1.28 and a current ratio of 4.26.

Hammerson (LON:HMSO) last announced its quarterly earnings data 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 268.95%. Sell-side analysts predict that Hammerson Plc will post 20.7491639 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on HMSO shares. Panmure Gordon reissued a “buy” rating and set a GBX 330 price target on shares of Hammerson in a research report on Monday, November 24th. Berenberg Bank lifted their price objective on shares of Hammerson from GBX 405 to GBX 409 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Hammerson from GBX 300 to GBX 320 and gave the company a “hold” rating in a research note on Monday, November 24th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 339.83.

About Hammerson

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.