Anne Richards Acquires 16,497 Shares of Land Securities Group (LON:LAND) Stock

Land Securities Group Plc (LON:LAND) insider Anne Richards purchased 16,497 shares of the business’s stock in a transaction on Thursday, December 18th. The shares were bought at an average cost of GBX 603 per share, with a total value of £99,476.91.

Land Securities Group Stock Performance

LAND traded up GBX 5.35 during midday trading on Thursday, reaching GBX 601.35. The company had a trading volume of 4,253,285 shares, compared to its average volume of 13,602,472. The business has a 50-day moving average of GBX 614.64 and a two-hundred day moving average of GBX 596.18. The company has a quick ratio of 0.54, a current ratio of 0.42 and a debt-to-equity ratio of 59.04. Land Securities Group Plc has a 1 year low of GBX 490.20 and a 1 year high of GBX 652.50. The company has a market cap of £4.48 billion, a P/E ratio of 18.06, a P/E/G ratio of 12.39 and a beta of 1.44.

Land Securities Group (LON:LAND) last announced its quarterly earnings data 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, equities research analysts predict that Land Securities Group Plc will post 49.8433829 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on LAND shares. JPMorgan Chase & Co. increased their price objective on shares of Land Securities Group from GBX 425 to GBX 440 and gave the stock a “neutral” rating in a research note on Thursday, November 27th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Land Securities Group from GBX 760 to GBX 730 and set a “buy” rating for the company in a report on Friday, November 14th. UBS Group reissued a “buy” rating and set a GBX 725 price target on shares of Land Securities Group in a report on Friday, November 7th. Shore Capital reaffirmed a “hold” rating on shares of Land Securities Group in a research note on Friday, November 14th. Finally, Peel Hunt cut their target price on Land Securities Group from GBX 760 to GBX 750 and set a “buy” rating for the company in a research report on Tuesday, December 9th. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Land Securities Group currently has an average rating of “Hold” and an average price target of GBX 602.33.

About Land Securities Group

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.