British Land Company PLC (LON:BLND) Insider Acquires £147.49 in Stock

British Land Company PLC (LON:BLND) insider David Walker acquired 43 shares of the business’s stock in a transaction dated Tuesday, January 14th. The shares were bought at an average cost of GBX 343 ($4.17) per share, for a total transaction of £147.49 ($179.45).

David Walker also recently made the following trade(s):

• On Monday, December 23rd, David Walker acquired 9,547 shares of British Land stock. The shares were bought at an average cost of GBX 355 ($4.32) per share, for a total transaction of £33,891.85 ($41,235.98).

British Land Price Performance

BLND stock opened at GBX 361 ($4.39) on Friday. The stock has a market capitalization of £3.61 billion, a PE ratio of -335.97, a price-to-earnings-growth ratio of 6.76 and a beta of 1.55. The company’s 50-day moving average is GBX 367.22 and its 200-day moving average is GBX 400.27. The company has a debt-to-equity ratio of 45.09, a current ratio of 0.59 and a quick ratio of 0.25. British Land Company PLC has a 1 year low of GBX 337.20 ($4.10) and a 1 year high of GBX 467.80 ($5.69).

British Land Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 15th. Investors of record on Thursday, December 5th were given a GBX 12.24 ($0.15) dividend. This is a boost from British Land’s previous dividend of $10.64. The ex-dividend date of this dividend was Thursday, December 5th. This represents a yield of 3.18%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank cut their price objective on shares of British Land from GBX 500 ($6.08) to GBX 480 ($5.84) and set a “buy” rating on the stock in a research report on Wednesday, December 4th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of GBX 448.33 ($5.45).

British Land Company Profile

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.