Insider Buying: Great Portland Estates (LON:GPE) Insider Purchases 48 Shares of Stock

Great Portland Estates Plc (LON:GPEGet Free Report) insider Dan Nicholson purchased 48 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was bought at an average price of GBX 312 per share, for a total transaction of £149.76.

Dan Nicholson also recently made the following trade(s):

  • On Thursday, April 30th, Dan Nicholson purchased 49 shares of Great Portland Estates stock. The shares were purchased at an average cost of GBX 304 per share, with a total value of £148.96.

Great Portland Estates Trading Down 1.0%

LON GPE traded down GBX 3.20 on Tuesday, hitting GBX 309.20. 548,773 shares of the company’s stock were exchanged, compared to its average volume of 5,000,382. The stock has a 50-day moving average of GBX 303.71 and a 200-day moving average of GBX 319.34. The stock has a market cap of £1.25 billion, a price-to-earnings ratio of 8.47, a P/E/G ratio of 2.22 and a beta of 0.92. Great Portland Estates Plc has a 52 week low of GBX 270 and a 52 week high of GBX 377.

Great Portland Estates (LON:GPEGet Free Report) last announced its quarterly earnings data on Friday, May 22nd. The company reported GBX 8.60 earnings per share for the quarter. The business had revenue of £117.90 million during the quarter. Great Portland Estates had a return on equity of 7.41% and a net margin of 131.04%. As a group, analysts predict that Great Portland Estates Plc will post 6.1719457 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on GPE shares. Shore Capital Group reaffirmed a “buy” rating on shares of Great Portland Estates in a research note on Friday, May 8th. Stifel Nicolaus reissued a “hold” rating and set a GBX 370 price objective on shares of Great Portland Estates in a report on Wednesday, April 15th. Jefferies Financial Group restated a “hold” rating and set a GBX 334 price objective on shares of Great Portland Estates in a research report on Friday. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 377 target price on shares of Great Portland Estates in a report on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 450 price target on shares of Great Portland Estates in a research note on Thursday, April 16th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Great Portland Estates presently has an average rating of “Hold” and a consensus target price of GBX 390.11.

Check Out Our Latest Stock Analysis on Great Portland Estates

Great Portland Estates Company Profile

(Get Free Report)

GPE is a FTSE 250 real estate investor and developer. GPE aims to deliver superior returns by unlocking the often hidden potential in commercial real estate in central London, creating high quality sustainable spaces for its customers and long-term value for its stakeholders.

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Insider Buying and Selling by Quarter for Great Portland Estates (LON:GPE)

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