Land Securities Group (LON:LAND) Insider Sells £546,853.48 in Stock

Land Securities Group Plc (LON:LAND) insider Vanessa Simms sold 77,458 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of GBX 706, for a total transaction of £546,853.48.

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

• On Monday, July 6th, Vanessa Simms bought 23 shares of Land Securities Group stock. The stock was acquired at an average price of GBX 653 per share, with a total value of £150.19.
• On Thursday, June 4th, Vanessa Simms bought 24 shares of Land Securities Group stock. The stock was acquired at an average cost of GBX 624 per share, with a total value of £149.76.
• On Tuesday, May 5th, Vanessa Simms bought 26 shares of Land Securities Group stock. The stock was acquired at an average cost of GBX 586 per share, with a total value of £152.36.

Land Securities Group Stock Performance

Shares of LAND opened at GBX 705.50 on Friday. The firm has a market cap of £5.26 billion, a price-to-earnings ratio of 15.37, a price-to-earnings-growth ratio of 12.39 and a beta of 1.14. The company’s fifty day moving average is GBX 657.97 and its 200-day moving average is GBX 627.61. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 68.76. Land Securities Group Plc has a 12 month low of GBX 522.50 and a 12 month high of GBX 722.

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

Wall Street Analyst Weigh In

LAND has been the subject of several recent analyst reports. Jefferies Financial Group reiterated 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 issued a GBX 705 target price on shares of Land Securities Group in a report on Monday, May 11th. Berenberg Bank restated a “buy” rating and issued a GBX 897 target price on shares of Land Securities Group in a report on Thursday, May 14th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 730 target price on shares of Land Securities Group in a research report on Friday, May 15th. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.