Damian Wisniewski Buys 2,836 Shares of Derwent London Plc (LON:DLN) Stock

Derwent London Plc (LON:DLN) insider Damian Wisniewski purchased 2,836 shares of the stock in a transaction dated Friday, March 7th. The shares were acquired at an average cost of GBX 1,749 ($22.61) per share, for a total transaction of £49,601.64 ($64,117.94).

Derwent London Trading Up 1.0 %

Shares of LON:DLN opened at GBX 1,783 ($23.05) on Monday. Derwent London Plc has a 1 year low of GBX 1,738 ($22.47) and a 1 year high of GBX 2,530 ($32.70). The stock’s fifty day moving average price is GBX 1,908.95 and its 200-day moving average price is GBX 2,118.06. The company has a debt-to-equity ratio of 40.68, a current ratio of 0.51 and a quick ratio of 0.38. The company has a market cap of £2.00 billion, a P/E ratio of -5.53, a PEG ratio of 23.10 and a beta of 1.03.

Derwent London (LON:DLN) last released its quarterly earnings results on Thursday, February 27th. The real estate investment trust reported GBX 106.50 ($1.38) EPS for the quarter. Derwent London had a negative net margin of 129.56% and a negative return on equity of 10.41%. Sell-side analysts expect that Derwent London Plc will post 113.7351779 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Shore Capital raised Derwent London to a “buy” rating in a report on Wednesday, December 4th.

About Derwent London

Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling.