Intu Properties PLC (LON:INTU) insider Matthew Roberts sold 22,046 shares of the company’s stock in a transaction that occurred on Wednesday, March 7th. The stock was sold at an average price of GBX 209 ($2.89), for a total value of £46,076.14 ($63,658.66).
Intu Properties PLC (INTU) opened at GBX 211.90 ($2.93) on Friday. Intu Properties PLC has a 52-week low of GBX 188.90 ($2.61) and a 52-week high of GBX 291.60 ($4.03). The stock has a market capitalization of $2,870.00 and a P/E ratio of 1,412.67.
The firm also recently announced a dividend, which will be paid on Thursday, May 17th. Stockholders of record on Thursday, April 19th will be given a dividend of GBX 9.40 ($0.13) per share. This is a positive change from Intu Properties’s previous dividend of $4.60. The ex-dividend date of this dividend is Thursday, April 19th. This represents a dividend yield of 4.38%.
INTU has been the topic of several recent research reports. Jefferies Group restated an “underperform” rating and issued a GBX 195 ($2.69) price objective on shares of Intu Properties in a research report on Thursday, January 18th. Goldman Sachs Group restated a “neutral” rating and issued a GBX 270 ($3.73) price objective on shares of Intu Properties in a research report on Friday, December 8th. Peel Hunt lowered Intu Properties to a “reduce” rating and upped their price objective for the stock from GBX 200 ($2.76) to GBX 225 ($3.11) in a research report on Wednesday, January 17th. Liberum Capital upped their price objective on Intu Properties from GBX 230 ($3.18) to GBX 265 ($3.66) and gave the stock a “hold” rating in a research report on Monday, January 8th. Finally, Numis Securities restated a “hold” rating and issued a GBX 236 ($3.26) price objective on shares of Intu Properties in a research report on Thursday, January 18th. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 254.25 ($3.51).
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Intu Properties Company Profile
intu properties plc owns and manages shopping centers in the United Kingdom and in Spain. The Company is primarily a shopping center-focused business and operates through two segments, including United Kingdom and Spain. The Company’s Super-regional centers include intu Trafford Centre, intu Lakeside, intu Metrocentre, intu Braehead, intu Merry Hill and Cribbs Causeway.
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