Land Securities Group (LON:LAND) Insider Anne Richards Acquires 16,497 Shares

Land Securities Group Plc (LON:LAND) insider Anne Richards purchased 16,497 shares of Land Securities Group stock in a transaction that occurred on Thursday, December 18th. The stock was purchased at an average cost of GBX 603 per share, for a total transaction of £99,476.91.

Land Securities Group Stock Up 0.9%

Shares of LAND stock traded up GBX 5.35 during mid-day trading on Thursday, reaching GBX 601.35. 4,253,285 shares of the company’s stock traded hands, compared to its average volume of 13,602,472. The company’s 50-day moving average price is GBX 614.64 and its 200-day moving average price is GBX 596.18. The company has a market cap of £4.48 billion, a P/E ratio of 18.06, a P/E/G ratio of 12.39 and a beta of 1.44. The company has a quick ratio of 0.54, a current ratio of 0.42 and a debt-to-equity ratio of 59.04. Land Securities Group Plc has a 12 month low of GBX 490.20 and a 12 month high of GBX 652.50.

Land Securities Group (LON:LAND) last posted its quarterly earnings data on Friday, November 14th. The company reported GBX 25.80 earnings per share for the quarter. Land Securities Group had a negative return on equity of 4.88% and a negative net margin of 38.71%. On average, equities analysts expect that Land Securities Group Plc will post 49.8433829 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on LAND. Panmure Gordon raised shares of Land Securities Group to a “buy” rating and lifted their target price for the stock from GBX 424 to GBX 494 in a report on Tuesday, December 2nd. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Land Securities Group from GBX 760 to GBX 730 and set a “buy” rating for the company in a report on Friday, November 14th. JPMorgan Chase & Co. lifted their target price on Land Securities Group from GBX 425 to GBX 440 and gave the stock a “neutral” rating in a report on Thursday, November 27th. Shore Capital restated a “hold” rating on shares of Land Securities Group in a research note on Friday, November 14th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 475 price target on shares of Land Securities Group in a report on Monday, November 17th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of GBX 602.33.

Land Securities Group Company Profile

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.