Londonmetric Property PLC (LMP) Insider Buys £91,475.96 in Stock
Londonmetric Property PLC (LON:LMP) insider Martin McGann bought 55,106 shares of the company’s stock in a transaction dated Tuesday, September 26th. The stock was bought at an average cost of GBX 166 ($2.20) per share, with a total value of £91,475.96 ($121,336.99).
Martin McGann also recently made the following trade(s):
- On Monday, September 25th, Martin McGann purchased 62,500 shares of Londonmetric Property PLC stock. The shares were bought at an average price of GBX 167 ($2.22) per share, for a total transaction of £104,375 ($138,446.74).
- On Wednesday, September 27th, Martin McGann purchased 92,764 shares of Londonmetric Property PLC stock. The shares were bought at an average price of GBX 165 ($2.19) per share, for a total transaction of £153,060.60 ($203,025.07).
- On Friday, September 29th, Martin McGann purchased 62,500 shares of Londonmetric Property PLC stock. The stock was bought at an average cost of GBX 167 ($2.22) per share, with a total value of £104,375 ($138,446.74).
Londonmetric Property PLC (LON LMP) opened at 166.10 on Tuesday. The stock’s market capitalization is GBX 1.14 billion. Londonmetric Property PLC has a 12 month low of GBX 138.30 and a 12 month high of GBX 175.20. The company’s 50-day moving average is GBX 167.30 and its 200-day moving average is GBX 166.20.
The company also recently declared a dividend, which will be paid on Friday, October 6th. Stockholders of record on Thursday, August 31st will be given a dividend of GBX 1.85 ($0.02) per share. This represents a dividend yield of 1.1%. The ex-dividend date is Thursday, August 31st.
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A number of equities analysts recently issued reports on the stock. Liberum Capital reissued a “hold” rating and issued a GBX 155 ($2.06) price target on shares of Londonmetric Property PLC in a research note on Tuesday, June 27th. J P Morgan Chase & Co lifted their price objective on Londonmetric Property PLC from GBX 175 ($2.32) to GBX 195 ($2.59) and gave the company an “overweight” rating in a research report on Tuesday, June 20th. Finally, Peel Hunt reiterated an “add” rating and set a GBX 180 ($2.39) target price on shares of Londonmetric Property PLC in a report on Wednesday, August 9th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Londonmetric Property PLC currently has a consensus rating of “Hold” and a consensus price target of GBX 172.17 ($2.28).
Londonmetric Property PLC Company Profile
LondonMetric Property Plc is a property investment and development company. The Company’s segments include Retail, Distribution, Offices, Residential and Development. The Company is involved in retailer-led distribution, out of town and convenience retail. The Company’s portfolio includes distribution and retail businesses across the United Kingdom.
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