Insider Selling: Great Portland Estates (LON:GPE) Insider Sells 16,037 Shares of Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson sold 16,037 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of GBX 314, for a total transaction of £50,356.18.

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

• On Friday, May 29th, Dan Nicholson purchased 48 shares of Great Portland Estates stock. The stock was purchased at an average price of GBX 312 per share, with a total value of £149.76.
• On Thursday, April 30th, Dan Nicholson purchased 49 shares of Great Portland Estates stock. The shares were purchased at an average price of GBX 304 per share, with a total value of £148.96.

Great Portland Estates Trading Down 1.0%

Shares of LON:GPE opened at GBX 308.80 on Wednesday. Great Portland Estates Plc has a 52 week low of GBX 270 and a 52 week high of GBX 377. The company’s 50 day moving average is GBX 303.71 and its two-hundred day moving average is GBX 319.34. The company has a market cap of £1.25 billion, a PE ratio of 8.46, a P/E/G ratio of 2.22 and a beta of 0.92.

Great Portland Estates (LON:GPE) last released its quarterly earnings data on Friday, May 22nd. The company reported GBX 8.60 earnings per share (EPS) for the quarter. The business had revenue of £117.90 million during the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. As a group, equities research analysts expect that Great Portland Estates Plc will post 6.1719457 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on GPE. Berenberg Bank reaffirmed a “hold” rating and set a GBX 377 price objective on shares of Great Portland Estates in a research report on Thursday, May 21st. UBS Group restated a “sell” rating and set a GBX 315 target price on shares of Great Portland Estates in a research note on Monday, May 18th. The Goldman Sachs Group lowered their price target on Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating for the company in a report on Monday, March 30th. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 370 price target on shares of Great Portland Estates in a research note on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 450 price objective on shares of Great Portland Estates in a report on Thursday, April 16th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Great Portland Estates has an average rating of “Hold” and a consensus price target of GBX 390.11.

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.