Land Securities Group (LON:LAND) Insider Purchases £153.64 in Stock

Land Securities Group Plc (LON:LAND) insider Vanessa Simms acquired 23 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were bought at an average cost of GBX 668 per share, for a total transaction of £153.64.

Vanessa Simms also recently made the following trade(s):

• On Monday, January 5th, Vanessa Simms bought 24 shares of Land Securities Group stock. The stock was bought at an average price of GBX 618 per share, with a total value of £148.32.
• On Thursday, December 4th, Vanessa Simms bought 24 shares of Land Securities Group stock. The shares were bought at an average cost of GBX 620 per share, with a total value of £148.80.

Land Securities Group Trading Down 1.3%

Land Securities Group stock opened at GBX 666 on Friday. Land Securities Group Plc has a 12 month low of GBX 490.20 and a 12 month high of GBX 676.50. The company has a quick ratio of 0.54, a current ratio of 0.42 and a debt-to-equity ratio of 59.04. The stock has a market cap of £4.96 billion, a P/E ratio of 20.00, a P/E/G ratio of 12.39 and a beta of 1.44. The company’s fifty day simple moving average is GBX 623.78 and its 200-day simple moving average is GBX 601.74.

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, sell-side analysts forecast that Land Securities Group Plc will post 49.8433829 EPS for the current fiscal year.

Wall Street Analyst Weigh In

LAND has been the topic of a number of recent research reports. Panmure Gordon upgraded shares of Land Securities Group to a “buy” rating and raised their price target for the company from GBX 424 to GBX 494 in a report on Tuesday, December 2nd. Peel Hunt lowered their target price on shares of Land Securities Group from GBX 760 to GBX 750 and set a “buy” rating on the stock in a research report on Tuesday, December 9th. UBS Group reaffirmed a “buy” rating and issued a GBX 725 price target on shares of Land Securities Group in a research report on Friday, November 7th. Berenberg Bank decreased their price target on Land Securities Group from GBX 917 to GBX 897 and set a “buy” rating for the company in a research note on Monday, January 26th. Finally, Shore Capital reissued a “hold” rating on shares of Land Securities Group in a research note on Friday, November 14th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 644.43.

Land Securities Group Company Profile

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.