Insider Selling: Land Securities Group (LON:LAND) Insider Sells 42,500 Shares of Stock

Land Securities Group Plc (LON:LANDGet Free Report) insider Mark Allan sold 42,500 shares of Land Securities Group stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of GBX 597, for a total value of £253,725.

Mark Allan also recently made the following trade(s):

  • On Tuesday, May 5th, Mark Allan bought 25 shares of Land Securities Group stock. The shares were bought at an average cost of GBX 586 per share, for a total transaction of £146.50.
  • On Wednesday, March 4th, Mark Allan bought 25 shares of Land Securities Group stock. The stock was acquired at an average cost of GBX 619 per share, with a total value of £154.75.

Land Securities Group Price Performance

Shares of LAND stock traded up GBX 4.62 on Tuesday, reaching GBX 592.62. The company’s stock had a trading volume of 3,123,915 shares, compared to its average volume of 22,510,854. The company has a market capitalization of £4.42 billion, a P/E ratio of 17.80, a PEG ratio of 12.39 and a beta of 1.13. The stock’s 50 day simple moving average is GBX 581.71 and its 200-day simple moving average is GBX 612.16. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 68.76. Land Securities Group Plc has a 12-month low of GBX 522.50 and a 12-month high of GBX 678.50.

Land Securities Group (LON:LANDGet Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported GBX 51.40 earnings per share for the quarter. Land Securities Group had a return on equity of 5.29% and a net margin of 38.45%.The business had revenue of £892 million for the quarter. As a group, equities analysts predict that Land Securities Group Plc will post 49.8433829 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on the company. Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 462 price target on shares of Land Securities Group in a research report on Friday. The Goldman Sachs Group upgraded Land Securities Group to a “buy” rating and dropped their target price for the company from GBX 710 to GBX 690 in a research report on Monday, March 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 730 target price on shares of Land Securities Group in a research report on Friday. Berenberg Bank reiterated a “buy” rating and issued a GBX 897 price target on shares of Land Securities Group in a report on Thursday, May 14th. Finally, Citigroup dropped their price objective on Land Securities Group from GBX 627 to GBX 604 and set a “neutral” rating on the stock in a research note on Thursday, April 2nd. Six analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 641.33.

Check Out Our Latest Report on LAND

About Land Securities Group

(Get Free Report)

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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Insider Buying and Selling by Quarter for Land Securities Group (LON:LAND)

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