British Land Company PLC (LON:BLND) Insider Buys £147.49 in Stock

British Land Company PLC (LON:BLND) insider David Walker purchased 43 shares of British Land stock in a transaction dated Tuesday, January 14th. The stock was acquired at an average price of GBX 343 ($4.17) per share, with a total value of £147.49 ($179.45).

David Walker also recently made the following trade(s):

• On Monday, December 23rd, David Walker bought 9,547 shares of British Land stock. The stock was purchased at an average price of GBX 355 ($4.32) per share, with a total value of £33,891.85 ($41,235.98).

British Land Trading Up 0.8 %

Shares of LON:BLND opened at GBX 361 ($4.39) on Friday. The firm has a market capitalization of £3.61 billion, a P/E ratio of -335.97, a P/E/G ratio of 6.76 and a beta of 1.55. The company has a debt-to-equity ratio of 45.09, a current ratio of 0.59 and a quick ratio of 0.25. The business’s 50-day moving average is GBX 367.22 and its 200 day moving average is GBX 400.46. British Land Company PLC has a 1 year low of GBX 337.20 ($4.10) and a 1 year high of GBX 467.80 ($5.69).

British Land Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, January 15th. Investors of record on Thursday, December 5th were issued a dividend of GBX 12.24 ($0.15) per share. This represents a yield of 3.18%. This is a positive change from British Land’s previous dividend of $10.64. The ex-dividend date was Thursday, December 5th.

Wall Street Analyst Weigh In

Separately, Berenberg Bank cut their price objective on shares of British Land from GBX 500 ($6.08) to GBX 480 ($5.84) and set a “buy” rating on the stock in a research report on Wednesday, December 4th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 448.33 ($5.45).

British Land Company Profile

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.