Intu Properties PLC (INTU) Insider John Whittaker Buys 22,258,276 Shares of Stock
Intu Properties PLC (LON:INTU) insider John Whittaker acquired 22,258,276 shares of the company’s stock in a transaction dated Wednesday, October 12th. The shares were bought at an average cost of GBX 289 ($3.58) per share, with a total value of £64,326,417.64 ($79,611,903.02).
Shares of Intu Properties PLC (LON:INTU) opened at 290.20 on Friday. The company has a 50-day moving average price of GBX 297.25 and a 200 day moving average price of GBX 297.00. The company’s market capitalization is GBX 3.87 billion. Intu Properties PLC has a 12-month low of GBX 254.70 and a 12-month high of GBX 355.70.
The firm also recently disclosed a dividend, which will be paid on Tuesday, November 22nd. Investors of record on Thursday, October 20th will be issued a dividend of GBX 4.60 ($0.06) per share. This represents a yield of 1.55%. The ex-dividend date of this dividend is Thursday, October 20th.
INTU has been the subject of a number of analyst reports. Peel Hunt dropped their price objective on Intu Properties PLC from GBX 275 ($3.40) to GBX 250 ($3.09) and set a “reduce” rating for the company in a research note on Thursday, July 28th. Credit Suisse Group AG dropped their price objective on Intu Properties PLC from GBX 285 ($3.53) to GBX 230 ($2.85) and set an “underperform” rating for the company in a research note on Tuesday, June 28th. Canaccord Genuity raised their price target on Intu Properties PLC from GBX 280 ($3.47) to GBX 290 ($3.59) and gave the stock a “hold” rating in a research note on Friday, August 26th. Barclays PLC dropped their price target on Intu Properties PLC from GBX 320 ($3.96) to GBX 260 ($3.22) and set an “underweight” rating for the company in a research note on Thursday, July 7th. Finally, HSBC raised Intu Properties PLC to a “hold” rating and raised their price target for the stock from GBX 262 ($3.24) to GBX 296 ($3.66) in a research note on Friday, September 30th. Ten analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The company currently has a consensus rating of “Sell” and an average price target of GBX 282.12 ($3.49).
About Intu Properties PLC
intu properties plc owns and manages shopping centers in the United Kingdom and in Spain. The Company’s Super-regional centers include intu Trafford Centre, intu Lakeside, intu Metrocentre, intu Braehead, intu Merry Hill and Cribbs Causeway, Bristol. The Company operates through two segments: UK and Spain.
Receive News & Stock Ratings for Intu Properties PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intu Properties PLC and related stocks with our FREE daily email newsletter.