Insider Buying: Land Securities Group (LON:LAND) Insider Purchases £99,476.91 in Stock

Land Securities Group Plc (LON:LAND) insider Anne Richards bought 16,497 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The shares were purchased at an average cost of GBX 603 per share, for a total transaction of £99,476.91.

Land Securities Group Trading Down 0.3%

Shares of LAND opened at GBX 603 on Friday. Land Securities Group Plc has a 12-month low of GBX 490.20 and a 12-month high of GBX 652.50. The stock’s 50-day moving average price is GBX 615.06 and its 200 day moving average price is GBX 595.74. The firm has a market capitalization of £4.49 billion, a price-to-earnings ratio of 18.11, a P/E/G ratio of 12.39 and a beta of 1.44. The company has a quick ratio of 0.54, a current ratio of 0.42 and a debt-to-equity ratio of 59.04.

Land Securities Group (LON:LAND) last released its quarterly earnings results on Friday, November 14th. The company reported GBX 25.80 EPS for the quarter. Land Securities Group had a negative return on equity of 4.88% and a negative net margin of 38.71%. As a group, research analysts predict that Land Securities Group Plc will post 49.8433829 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of Land Securities Group from GBX 425 to GBX 440 and gave the company a “neutral” rating in a report on Thursday, November 27th. Panmure Gordon raised shares of Land Securities Group to a “buy” rating and upped their target price for the stock from GBX 424 to GBX 494 in a research note on Tuesday, December 2nd. Peel Hunt dropped their price target on Land Securities Group from GBX 760 to GBX 750 and set a “buy” rating on the stock in a research note on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft cut their price target on Land Securities Group from GBX 760 to GBX 730 and set a “buy” rating on the stock in a report on Friday, November 14th. Finally, UBS Group reiterated a “buy” rating and set a GBX 725 price objective on shares of Land Securities Group in a report on Friday, November 7th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Land Securities Group has a consensus rating of “Hold” and an average price target of GBX 602.33.

Land Securities Group Company Profile

At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.