Land Securities Group (LON:LAND) Insider Purchases £150.19 in Stock

Land Securities Group Plc (LON:LAND) insider Vanessa Simms bought 23 shares of the stock in a transaction on Monday, July 6th. The stock was acquired at an average price of GBX 653 per share, with a total value of £150.19.

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

• On Thursday, June 4th, Vanessa Simms purchased 24 shares of Land Securities Group stock. The shares were acquired at an average price of GBX 624 per share, for a total transaction of £149.76.
• On Tuesday, May 5th, Vanessa Simms acquired 26 shares of Land Securities Group stock. The shares were bought at an average cost of GBX 586 per share, with a total value of £152.36.

Land Securities Group Trading Up 1.7%

Shares of LON:LAND traded up GBX 11.10 during mid-day trading on Tuesday, hitting GBX 666.10. The company had a trading volume of 108,616,227 shares, compared to its average volume of 36,781,988. The company has a debt-to-equity ratio of 68.76, a current ratio of 1.04 and a quick ratio of 0.54. Land Securities Group Plc has a one year low of GBX 522.50 and a one year high of GBX 679.50. The firm has a fifty day moving average price of GBX 621.62 and a 200 day moving average price of GBX 618.38. The company has a market capitalization of £4.96 billion, a PE ratio of 14.51, a price-to-earnings-growth ratio of 12.39 and a beta of 1.14.

Land Securities Group (LON:LAND) last posted its quarterly earnings results on Thursday, May 14th. The company reported GBX 51.40 EPS for the quarter. Land Securities Group had a net margin of 38.45% and a return on equity of 5.29%. The business had revenue of £892 million during the quarter. As a group, research analysts forecast that Land Securities Group Plc will post 49.8433829 EPS for the current year.

Analyst Upgrades and Downgrades

LAND has been the topic of a number of research reports. Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 462 price target on shares of Land Securities Group in a research note on Friday, May 15th. UBS Group restated a “buy” rating and set a GBX 705 price objective on shares of Land Securities Group in a report on Monday, May 11th. Citigroup lowered their price objective on shares of Land Securities Group from GBX 627 to GBX 604 and set a “neutral” rating on the stock in a report on Thursday, April 2nd. Berenberg Bank reissued a “buy” rating and set a GBX 897 target price on shares of Land Securities Group in a research report on Thursday, May 14th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 730 target price on shares of Land Securities Group in a report on Friday, May 15th. Six analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 641.33.

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.