Madeleine Cosgrave Buys 40,000 Shares of Shaftesbury Capital PLC (LON:SHC) Stock

Shaftesbury Capital PLC (LON:SHC) insider Madeleine Cosgrave purchased 40,000 shares of the firm’s stock in a transaction on Friday, March 28th. The shares were acquired at an average price of GBX 127 ($1.65) per share, with a total value of £50,800 ($65,965.46).

Shaftesbury Capital Price Performance

Shares of LON SHC opened at GBX 124.90 ($1.62) on Thursday. The company has a 50-day moving average price of GBX 121.95 and a 200-day moving average price of GBX 130.48. The stock has a market capitalization of £2.42 billion, a P/E ratio of 60.76 and a beta of 1.15. Shaftesbury Capital PLC has a 1 year low of GBX 113 ($1.47) and a 1 year high of GBX 156.30 ($2.03).

Shaftesbury Capital (LON:SHC) last released its quarterly earnings results on Thursday, February 27th. The company reported GBX 4 ($0.05) earnings per share (EPS) for the quarter. Shaftesbury Capital had a return on equity of 1.07% and a net margin of 16.37%. As a group, equities research analysts anticipate that Shaftesbury Capital PLC will post 5.0712105 earnings per share for the current fiscal year.

Shaftesbury Capital Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, April 24th will be paid a GBX 1.80 ($0.02) dividend. This is a positive change from Shaftesbury Capital’s previous dividend of $1.70. The ex-dividend date is Thursday, April 24th. This represents a yield of 1.54%. Shaftesbury Capital’s dividend payout ratio (DPR) is 145.94%.

Shaftesbury Capital Company Profile

Shaftesbury Capital PLC (“Shaftesbury Capital”) is the leading central London mixed-use REIT and is a constituent of the FTSE-250 Index.

Our property portfolio, valued at £4.8 billion, extends to 2.7 million square feet of lettable space across the most vibrant areas of London’s West End. With a diverse mix of shops, restaurants, cafés, bars, residential apartments and offices, our destinations include the high footfall, thriving neighbourhoods of Covent Garden, Carnaby, Soho and Chinatown.