Dan Nicholson Acquires 45 Shares of Great Portland Estates (LON:GPE) Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson bought 45 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The stock was purchased at an average cost of GBX 334 per share, with a total value of £150.30.

Dan Nicholson also recently made the following trade(s):

• On Tuesday, June 2nd, Dan Nicholson sold 16,037 shares of Great Portland Estates stock. The stock was sold at an average price of GBX 314, for a total value of £50,356.18.
• On Friday, May 29th, Dan Nicholson purchased 48 shares of Great Portland Estates stock. The shares were acquired at an average cost of GBX 312 per share, for a total transaction of £149.76.
• On Thursday, April 30th, Dan Nicholson acquired 49 shares of Great Portland Estates stock. The stock was acquired at an average cost of GBX 304 per share, with a total value of £148.96.

Great Portland Estates Stock Up 0.9%

LON:GPE traded up GBX 3 during mid-day trading on Wednesday, hitting GBX 335. The company had a trading volume of 2,388,875 shares, compared to its average volume of 5,284,313. The firm has a market capitalization of £1.35 billion, a price-to-earnings ratio of 8.79, a PEG ratio of 2.22 and a beta of 0.91. The company has a current ratio of 0.54, a quick ratio of 0.46 and a debt-to-equity ratio of 41.28. Great Portland Estates Plc has a 1 year low of GBX 270 and a 1 year high of GBX 377. The business has a fifty day simple moving average of GBX 313.26 and a 200-day simple moving average of GBX 319.59.

Great Portland Estates (LON:GPE) last released its quarterly earnings results on Thursday, June 25th. The company reported GBX 3.90 earnings per share for the quarter. Great Portland Estates had a return on equity of 7.41% and a net margin of 131.04%.The firm had revenue of GBX 5,460 million during the quarter. Equities analysts forecast that Great Portland Estates Plc will post 6.1719457 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on GPE. Jefferies Financial Group restated a “hold” rating and set a GBX 334 price objective on shares of Great Portland Estates in a research note on Friday, May 29th. Stifel Nicolaus reissued a “hold” rating and issued a GBX 370 target price on shares of Great Portland Estates in a report on Wednesday, April 15th. Shore Capital Group restated a “buy” rating on shares of Great Portland Estates in a research report on Friday, May 8th. The Goldman Sachs Group cut their target price on Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating on the stock in a research note on Monday, March 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 450 price objective on shares of Great Portland Estates in a research report on Thursday, April 16th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Great Portland Estates presently has an average rating of “Hold” and an average target price of GBX 388.22.

Great Portland Estates Company Profile

GPE is a FTSE 250 real estate investor and developer. GPE aims to deliver superior returns by unlocking the often hidden potential in commercial real estate in central London, creating high quality sustainable spaces for its customers and long-term value for its stakeholders.