Great Portland Estates (LON:GPE) Insider Purchases £152.22 in Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson purchased 43 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was bought at an average price of GBX 354 per share, with a total value of £152.22.

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

• On Tuesday, June 30th, Dan Nicholson acquired 45 shares of Great Portland Estates stock. The shares were bought at an average price of GBX 334 per share, for a total transaction of £150.30.
• On Tuesday, June 2nd, Dan Nicholson sold 16,037 shares of Great Portland Estates stock. The stock was sold at an average price of GBX 314, for a total value of £50,356.18.
• On Friday, May 29th, Dan Nicholson bought 48 shares of Great Portland Estates stock. The stock was bought at an average price of GBX 312 per share, with a total value of £149.76.

Great Portland Estates Trading Up 1.1%

Shares of GPE traded up GBX 3.76 during midday trading on Monday, reaching GBX 352.76. The company had a trading volume of 595,968 shares, compared to its average volume of 4,544,997. Great Portland Estates Plc has a 1-year low of GBX 270 and a 1-year high of GBX 377. The stock has a market cap of £1.42 billion, a PE ratio of 9.26, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91. The firm has a 50 day simple moving average of GBX 327.38 and a 200-day simple moving average of GBX 323.73. The company has a quick ratio of 0.46, a current ratio of 0.54 and a debt-to-equity ratio of 41.28.

Great Portland Estates (LON:GPE) last posted its quarterly earnings results on Thursday, June 25th. The company reported GBX 3.90 EPS for the quarter. Great Portland Estates had a return on equity of 7.41% and a net margin of 131.04%.The business had revenue of GBX 5,460 million for the quarter. Research analysts forecast that Great Portland Estates Plc will post 6.1719457 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 370 target price on shares of Great Portland Estates in a report on Wednesday, April 15th. Shore Capital Group reaffirmed a “buy” rating on shares of Great Portland Estates in a research report on Friday, May 8th. UBS Group reiterated a “sell” rating and issued a GBX 315 price objective on shares of Great Portland Estates in a report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 450 price objective on shares of Great Portland Estates in a research report on Thursday, April 16th. Finally, Jefferies Financial Group reissued a “hold” rating and set a GBX 334 target price on shares of Great Portland Estates in a research note on Thursday, July 2nd. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of GBX 388.22.

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.