Insider Buying: Great Portland Estates (LON:GPE) Insider Acquires £149.60 in Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson bought 44 shares of Great Portland Estates stock in a transaction dated Friday, August 28th. The shares were acquired at an average price of GBX 340 per share, with a total value of £149.60.

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

• On Friday, July 31st, Dan Nicholson bought 43 shares of Great Portland Estates stock. The shares were acquired at an average cost of GBX 354 per share, for a total transaction of £152.22.
• On Tuesday, June 30th, Dan Nicholson purchased 45 shares of Great Portland Estates stock. The shares were acquired at an average cost of GBX 334 per share, with a total value of £150.30.

Great Portland Estates Price Performance

Shares of GPE opened at GBX 330.20 on Friday. The firm has a market capitalization of £1.33 billion, a PE ratio of 8.67, a PEG ratio of 2.22 and a beta of 0.91. The company’s 50-day moving average is GBX 343.16 and its 200-day moving average is GBX 322.99. Great Portland Estates Plc has a fifty-two week low of GBX 270 and a fifty-two week high of GBX 377. The company has a debt-to-equity ratio of 41.28, a current ratio of 0.54 and a quick ratio of 0.46.

Great Portland Estates (LON:GPE) last announced its earnings results on Thursday, June 25th. The company reported GBX 3.90 EPS for the quarter. The business had revenue of GBX 5,460 million during the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. Equities analysts forecast that Great Portland Estates Plc will post 6.1719457 EPS for the current year.

Wall Street Analyst Weigh In

GPE has been the subject of a number of research analyst reports. Shore Capital Group restated a “buy” rating on shares of Great Portland Estates in a report on Friday, May 8th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 334 target price on shares of Great Portland Estates in a research note on Thursday, July 2nd. UBS Group reissued a “sell” rating and set a GBX 315 price target on shares of Great Portland Estates in a report on Monday, May 18th. Finally, Berenberg Bank dropped their price target on Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating for the company in a report on Monday, June 22nd. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Great Portland Estates presently has a consensus rating of “Hold” and an average price target of GBX 388.22.

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.