Londonmetric Property PLC (LON:LMP) insider Martin McGann purchased 92,764 shares of the firm’s stock in a transaction that occurred on Wednesday, September 27th. The shares were acquired at an average cost of GBX 165 ($2.19) per share, with a total value of £153,060.60 ($203,025.07).

Martin McGann also recently made the following trade(s):

  • On Thursday, September 28th, Martin McGann sold 215,576 shares of Londonmetric Property PLC stock. The stock was sold at an average price of GBX 164 ($2.18), for a total transaction of £353,544.64 ($468,954.29).
  • On Monday, September 25th, Martin McGann purchased 62,500 shares of Londonmetric Property PLC stock. The shares were acquired at an average cost of GBX 167 ($2.22) per share, with a total value of £104,375 ($138,446.74).
  • On Tuesday, September 26th, Martin McGann purchased 55,106 shares of Londonmetric Property PLC stock. The shares were acquired at an average cost of GBX 166 ($2.20) per share, with a total value of £91,475.96 ($121,336.99).
  • On Friday, September 29th, Martin McGann purchased 62,500 shares of Londonmetric Property PLC stock. The shares were acquired 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 167.00 on Thursday. The firm has a 50-day moving average of GBX 167.25 and a 200-day moving average of GBX 166.40. The stock’s market capitalization is GBX 1.15 billion. Londonmetric Property PLC has a 52-week low of GBX 138.30 and a 52-week high of GBX 175.20.

The company also recently announced a dividend, which will be paid on Friday, October 6th. Investors of record on Thursday, August 31st will be paid a GBX 1.85 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, August 31st. This represents a yield of 1.1%.

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A number of analysts recently weighed in on LMP shares. Peel Hunt reaffirmed an “add” rating and set a GBX 180 ($2.39) price target on shares of Londonmetric Property PLC in a research report on Wednesday, August 9th. Liberum Capital reaffirmed a “hold” rating and set a GBX 155 ($2.06) price target on shares of Londonmetric Property PLC in a research report on Monday. Finally, J P Morgan Chase & Co upped their price target on shares of Londonmetric Property PLC from GBX 175 ($2.32) to GBX 195 ($2.59) and gave the stock an “overweight” rating in a research report on Tuesday, June 20th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has an average 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.

Insider Buying and Selling by Quarter for Londonmetric Property PLC (LON:LMP)

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