Land Securities Group (LON:LAND) Insider Vanessa Simms Acquires 24 Shares

Land Securities Group Plc (LON:LAND) insider Vanessa Simms purchased 24 shares of the firm’s stock in a transaction that occurred on Thursday, December 4th. The shares were acquired at an average price of GBX 620 per share, with a total value of £148.80.

Vanessa Simms also recently made the following trade(s):

• On Tuesday, November 4th, Vanessa Simms acquired 24 shares of Land Securities Group stock. The shares were acquired at an average cost of GBX 617 per share, for a total transaction of £148.08.
• On Monday, October 6th, Vanessa Simms acquired 26 shares of Land Securities Group stock. The stock was acquired at an average price of GBX 593 per share, for a total transaction of £154.18.

Land Securities Group Stock Performance

Shares of LON:LAND traded up GBX 4 on Friday, reaching GBX 618. The company’s stock had a trading volume of 6,061,688 shares, compared to its average volume of 12,652,943. Land Securities Group Plc has a 52-week low of GBX 490.20 and a 52-week high of GBX 652.50. The stock has a market capitalization of £4.60 billion, a P/E ratio of 11.66, a PEG ratio of 12.39 and a beta of 1.44. The stock’s 50-day moving average is GBX 613.72 and its two-hundred day moving average is GBX 597.58. The company has a debt-to-equity ratio of 59.04, a current ratio of 0.42 and a quick ratio of 0.54.

Land Securities Group (LON:LAND) last issued its quarterly earnings results on Friday, November 14th. The company reported GBX 25.80 earnings per share (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, sell-side analysts forecast that Land Securities Group Plc will post 49.8433829 EPS for the current year.

Analyst Upgrades and Downgrades

LAND has been the topic of a number of recent research reports. Panmure Gordon raised Land Securities Group to a “buy” rating and boosted their target price for the company from GBX 424 to GBX 494 in a report on Tuesday. JPMorgan Chase & Co. boosted their price objective on shares of Land Securities Group from GBX 425 to GBX 440 and gave the company a “neutral” rating in a research note on Thursday, November 27th. Peel Hunt restated a “buy” rating and set a GBX 760 price objective on shares of Land Securities Group in a research report on Tuesday, September 30th. Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 475 target price on shares of Land Securities Group in a report on Monday, November 17th. Finally, UBS Group reiterated a “buy” rating and set a GBX 725 price target on shares of Land Securities Group in a research note on Friday, November 7th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of GBX 604.

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.