Vanessa Simms Sells 86,205 Shares of Land Securities Group Plc (LON:LAND) Stock

Land Securities Group Plc (LON:LAND) insider Vanessa Simms sold 86,205 shares of the business’s stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of GBX 586 ($7.78), for a total transaction of £505,161.30 ($670,508.76).

Vanessa Simms also recently made the following trade(s):

• On Friday, July 4th, Vanessa Simms bought 25 shares of Land Securities Group stock. The stock was bought at an average cost of GBX 597 ($7.92) per share, with a total value of £149.25 ($198.10).
• On Wednesday, June 4th, Vanessa Simms purchased 24 shares of Land Securities Group stock. The stock was purchased at an average price of GBX 626 ($8.31) per share, for a total transaction of £150.24 ($199.42).

Land Securities Group Trading Down 0.7%

Shares of LAND opened at GBX 573.50 ($7.61) on Friday. The company has a debt-to-equity ratio of 59.04, a current ratio of 0.42 and a quick ratio of 0.54. Land Securities Group Plc has a 1-year low of GBX 490.20 ($6.51) and a 1-year high of GBX 682 ($9.05). The stock has a market cap of £4.25 billion, a price-to-earnings ratio of -13.30, a price-to-earnings-growth ratio of 12.39 and a beta of 1.44. The firm has a 50 day simple moving average of GBX 606.97 and a 200-day simple moving average of GBX 582.50.

Land Securities Group (LON:LAND) last released its quarterly earnings results on Friday, May 16th. The company reported GBX 50.30 ($0.67) 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%. Equities analysts forecast that Land Securities Group Plc will post 49.8433829 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 710 ($9.42) price objective on shares of Land Securities Group in a report on Friday, July 11th.

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.