Great Portland Estates Plc (LON:GPE) Insider Purchases £149.46 in Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson acquired 53 shares of Great Portland Estates stock in a transaction dated Friday, January 31st. The shares were purchased at an average cost of GBX 282 ($3.53) per share, with a total value of £149.46 ($186.85).

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

• On Tuesday, December 31st, Dan Nicholson bought 53 shares of Great Portland Estates stock. The stock was purchased at an average price of GBX 287 ($3.59) per share, for a total transaction of £152.11 ($190.16).

Great Portland Estates Trading Up 1.8 %

LON GPE opened at GBX 287.50 ($3.59) on Thursday. Great Portland Estates Plc has a 12 month low of GBX 263 ($3.29) and a 12 month high of GBX 441 ($5.51). The company has a current ratio of 0.26, a quick ratio of 0.46 and a debt-to-equity ratio of 51.52. The stock has a 50 day moving average of GBX 286.19 and a 200-day moving average of GBX 319.38. The company has a market cap of £1.17 billion, a PE ratio of -284.65, a PEG ratio of 2.22 and a beta of 0.80.

Great Portland Estates (LON:GPE) last announced its quarterly earnings results on Thursday, November 14th. The company reported GBX 2.30 ($0.03) EPS for the quarter. Great Portland Estates had a negative net margin of 292.59% and a negative return on equity of 17.58%. On average, equities research analysts anticipate that Great Portland Estates Plc will post 6.1719457 EPS for the current fiscal year.

Great Portland Estates Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Thursday, November 21st were issued a dividend of GBX 2.90 ($0.04) per share. This represents a yield of 0.98%. The ex-dividend date of this dividend was Thursday, November 21st. Great Portland Estates’s payout ratio is currently -1,188.12%.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “hold” rating and set a GBX 382 ($4.78) target price on shares of Great Portland Estates in a report on Thursday, December 19th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Great Portland Estates currently has an average rating of “Moderate Buy” and an average target price of GBX 405.50 ($5.07).

Great Portland Estates Company Profile

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.