British Land Company PLC (LON:BLND) insider Simon Carter purchased 26 shares of the company’s stock in a transaction on Thursday, November 14th. The shares were purchased at an average price of GBX 567 ($7.41) per share, for a total transaction of £147.42 ($192.63).

Shares of BLND traded up GBX 2.20 ($0.03) during mid-day trading on Friday, reaching GBX 556 ($7.27). The company had a trading volume of 8,350,314 shares, compared to its average volume of 3,540,000. British Land Company PLC has a 52-week low of GBX 465.30 ($6.08) and a 52-week high of GBX 649.40 ($8.49). The company has a quick ratio of 0.70, a current ratio of 0.94 and a debt-to-equity ratio of 37.44. The stock has a market capitalization of $5.14 billion and a P/E ratio of -18.53. The stock has a 50 day moving average of GBX 592.46 and a two-hundred day moving average of GBX 552.13.

The business also recently announced a dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, January 2nd will be paid a GBX 7.98 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a dividend yield of 1.44%. British Land’s payout ratio is -1.07%.

Several analysts have weighed in on the company. Deutsche Bank reiterated a “hold” rating on shares of British Land in a research note on Thursday. Liberum Capital reiterated a “hold” rating and set a GBX 585 ($7.64) price target on shares of British Land in a research note on Wednesday. Citigroup reiterated a “sell” rating on shares of British Land in a research note on Friday, November 8th. Goldman Sachs Group boosted their price target on British Land from GBX 526 ($6.87) to GBX 529 ($6.91) and gave the company a “neutral” rating in a research note on Tuesday, November 5th. Finally, Jefferies Financial Group dropped their price target on British Land from GBX 424 ($5.54) to GBX 399 ($5.21) and set an “underperform” rating on the stock in a research note on Thursday. Five investment analysts have rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 570.36 ($7.45).

British Land Company Profile

Our portfolio of high quality UK commercial property is focused on Retail around the UK and London Offices. We own or manage a portfolio valued at £16.8bn (British Land share: £12.9bn) as at 30 September 2018 making us one of Europe's largest listed real estate investment companies. Our strategy is to provide places which meet the needs of our customers and respond to changing lifestyles – Places People Prefer.

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Insider Buying and Selling by Quarter for British Land (LON:BLND)

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