Londonmetric Property PLC (LON:LMP) insider Martin McGann acquired 62,500 shares of the business’s stock in a transaction that occurred on Friday, September 29th. The shares were purchased at an average price of GBX 167 ($2.22) per share, with a total value of £104,375 ($138,446.74).

Martin McGann also recently made the following trade(s):

  • On Monday, September 25th, Martin McGann purchased 62,500 shares of Londonmetric Property PLC stock. The stock was purchased at an average cost of GBX 167 ($2.22) per share, with a total value of £104,375 ($138,446.74).
  • On Tuesday, September 26th, Martin McGann purchased 55,106 shares of Londonmetric Property PLC stock. The stock was purchased at an average cost of GBX 166 ($2.20) per share, with a total value of £91,475.96 ($121,336.99).
  • On Wednesday, September 27th, Martin McGann purchased 92,764 shares of Londonmetric Property PLC stock. The shares were purchased at an average price of GBX 165 ($2.19) per share, with a total value of £153,060.60 ($203,025.07).

Shares of Londonmetric Property PLC (LMP) opened at 166.10 on Tuesday. The company has a 50-day moving average of GBX 167.30 and a 200 day moving average of GBX 166.20. Londonmetric Property PLC has a 12-month low of GBX 138.30 and a 12-month high of GBX 175.20. The firm’s market cap is GBX 1.14 billion.

The firm also recently announced a dividend, which will be paid on Friday, October 6th. Investors of record on Thursday, August 31st will be given a dividend of GBX 1.85 ($0.02) per share. The ex-dividend date is Thursday, August 31st. This represents a yield of 1.1%.

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Several analysts have recently commented on the stock. Liberum Capital lifted their price target on shares of Londonmetric Property PLC from GBX 155 ($2.06) to GBX 170 ($2.25) and gave the company a “hold” rating in a research report on Tuesday, August 1st. Peel Hunt reiterated an “add” rating and issued a GBX 180 ($2.39) price objective on shares of Londonmetric Property PLC in a research report on Wednesday, August 9th. Finally, J P Morgan Chase & Co increased their price objective on Londonmetric Property PLC from GBX 175 ($2.32) to GBX 195 ($2.59) and gave the stock an “overweight” rating in a research report on Tuesday, June 20th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Londonmetric Property PLC presently has a consensus rating of “Hold” and a consensus target price of GBX 172.17 ($2.28).

Londonmetric Property PLC Company Profile

LondonMetric Property Plc is a property investment and development company. The Company’s segments include Retail, Distribution, Offices, Residential and Development. The Company is involved in retailer-led distribution, out of town and convenience retail. The Company’s portfolio includes distribution and retail businesses across the United Kingdom.

Insider Buying and Selling by Quarter for Londonmetric Property PLC (LON:LMP)

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