Great Portland Estates Plc (LON:GPE) Insider Buys £149.46 in Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson bought 53 shares of the business’s stock in a transaction on Friday, January 31st. The shares were acquired at an average price of GBX 282 ($3.53) per share, for a total transaction of £149.46 ($186.85).

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

• On Tuesday, December 31st, Dan Nicholson purchased 53 shares of Great Portland Estates stock. The shares were acquired at an average cost of GBX 287 ($3.59) per share, with a total value of £152.11 ($190.16).

Great Portland Estates Stock Up 1.8 %

Great Portland Estates stock opened at GBX 287.50 ($3.59) on Thursday. The firm has a market capitalization of £1.17 billion, a price-to-earnings ratio of -284.65, a PEG ratio of 2.22 and a beta of 0.80. The company’s 50 day simple moving average is GBX 286.19 and its 200 day simple moving average is GBX 319.38. The company has a debt-to-equity ratio of 51.52, a current ratio of 0.26 and a quick ratio of 0.46. Great Portland Estates Plc has a fifty-two week low of GBX 263 ($3.29) and a fifty-two week high of GBX 441 ($5.51).

Great Portland Estates (LON:GPE) last announced its quarterly earnings results on Thursday, November 14th. The company reported GBX 2.30 ($0.03) earnings per share 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, sell-side analysts anticipate that Great Portland Estates Plc will post 6.1719457 EPS for the current year.

Great Portland Estates Cuts Dividend

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

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “hold” rating and set a GBX 382 ($4.78) target price on shares of Great Portland Estates in a report on Thursday, December 19th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Great Portland Estates currently has an average rating of “Moderate Buy” and an average target price of GBX 405.50 ($5.07).

About Great Portland Estates

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.