Great Portland Estates Plc (LON:GPE) Insider Purchases £41,020 in Stock

Great Portland Estates Plc (LON:GPE) insider Richard Stephen Mully acquired 14,000 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was purchased at an average price of GBX 293 ($3.69) per share, for a total transaction of £41,020 ($51,642.96).

Great Portland Estates Price Performance

GPE stock opened at GBX 292.50 ($3.68) on Friday. The firm’s 50-day moving average price is GBX 332.43 and its two-hundred day moving average price is GBX 348.44. Great Portland Estates Plc has a 12-month low of GBX 288 ($3.63) and a 12-month high of GBX 441 ($5.55). The stock has a market capitalization of £1.19 billion, a price-to-earnings ratio of -289.60, a PEG ratio of 2.22 and a beta of 0.80. The company has a current ratio of 0.26, a quick ratio of 0.46 and a debt-to-equity ratio of 51.52.

Great Portland Estates Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, November 21st will be paid a dividend of GBX 2.90 ($0.04) per share. This represents a dividend yield of 0.98%. The ex-dividend date of this dividend is Thursday, November 21st. Great Portland Estates’s payout ratio is -1,188.12%.

Great Portland Estates Company Profile

We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London’s property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.