Insider Buying: Great Portland Estates Plc (LON:GPE) Insider Buys 53 Shares of Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson purchased 53 shares of the business’s stock in a transaction on Friday, January 31st. The stock was bought at an average cost of GBX 282 ($3.52) per share, for a total transaction of £149.46 ($186.55).

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

• On Tuesday, December 31st, Dan Nicholson acquired 53 shares of Great Portland Estates stock. The shares were bought at an average price of GBX 287 ($3.58) per share, for a total transaction of £152.11 ($189.85).

Great Portland Estates Price Performance

Shares of GPE opened at GBX 282.50 ($3.53) on Wednesday. The company has a quick ratio of 0.46, a current ratio of 0.26 and a debt-to-equity ratio of 51.52. Great Portland Estates Plc has a twelve month low of GBX 263 ($3.28) and a twelve month high of GBX 441 ($5.50). The stock has a market capitalization of £1.14 billion, a P/E ratio of -279.70, a P/E/G ratio of 2.22 and a beta of 0.80. The company has a 50 day moving average of GBX 286.40 and a 200-day moving average of GBX 319.83.

Great Portland Estates (LON:GPE) last issued its quarterly earnings results on Thursday, November 14th. The company reported GBX 2.30 ($0.03) earnings per share (EPS) for the quarter. Great Portland Estates had a negative net margin of 292.59% and a negative return on equity of 17.58%. As a group, equities research analysts forecast that Great Portland Estates Plc will post 6.1719457 EPS for the current fiscal year.

Great Portland Estates Cuts Dividend

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

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “hold” rating and set a GBX 382 ($4.77) target price on shares of Great Portland Estates in a report on Thursday, December 19th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 405.50 ($5.06).

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.