Insider Selling: Hammerson (LON:HMSO) Insider Sells £239,405.68 in Stock

Hammerson Plc (LON:HMSO) insider Rob Wilkinson sold 72,328 shares of Hammerson stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of GBX 331, for a total value of £239,405.68.

Rob Wilkinson also recently made the following trade(s):

• On Friday, December 19th, Rob Wilkinson purchased 155,718 shares of Hammerson stock. The stock was acquired at an average cost of GBX 323 per share, with a total value of £502,969.14.

Hammerson Stock Up 0.1%

Hammerson stock opened at GBX 322.40 on Friday. The stock has a market capitalization of £1.71 billion, a PE ratio of 7.04, a price-to-earnings-growth ratio of 1.68 and a beta of 1.81. The company has a debt-to-equity ratio of 80.80, a current ratio of 4.26 and a quick ratio of 1.28. The business has a 50 day simple moving average of GBX 345.40 and a 200-day simple moving average of GBX 319.29. Hammerson Plc has a 12 month low of GBX 219.20 and a 12 month high of GBX 373.

Hammerson (LON:HMSO) last released its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported GBX 46 EPS for the quarter. Hammerson had a return on equity of 11.77% and a net margin of 268.95%. On average, analysts anticipate that Hammerson Plc will post 20.7491639 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on HMSO. Panmure Gordon reissued a “buy” rating and set a GBX 330 price objective on shares of Hammerson in a report on Monday, November 24th. Berenberg Bank increased their target price on shares of Hammerson from GBX 405 to GBX 409 and gave the company a “buy” rating in a research report on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Hammerson from GBX 320 to GBX 370 and gave the stock a “hold” rating in a research note on Friday. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Hammerson has an average rating of “Moderate Buy” and a consensus price target of GBX 348.17.

About Hammerson

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods. Our assets are high profile and play an important role in our communities, welcoming c.