Insider Buying: Land Securities Group (LON:LAND) Insider Purchases 23 Shares of Stock

Land Securities Group Plc (LON:LAND) insider Vanessa Simms acquired 23 shares of Land Securities Group stock in a transaction dated Wednesday, February 4th. The stock was acquired at an average cost of GBX 668 per share, with a total value 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 shares were bought at an average price of GBX 618 per share, with a total value of £148.32.
• On Thursday, December 4th, Vanessa Simms purchased 24 shares of Land Securities Group stock. The stock was bought at an average cost of GBX 620 per share, with a total value of £148.80.

Land Securities Group Stock Performance

LON LAND opened at GBX 666 on Friday. The company’s fifty day moving average is GBX 623.78 and its two-hundred day moving average is GBX 601.74. Land Securities Group Plc has a 52-week low of GBX 490.20 and a 52-week high of GBX 676.50. The company has a debt-to-equity ratio of 59.04, a current ratio of 0.42 and a quick ratio of 0.54. The firm has a market capitalization of £4.96 billion, a price-to-earnings ratio of 20.00, a P/E/G ratio of 12.39 and a beta of 1.44.

Land Securities Group (LON:LAND) last released its earnings results on Friday, November 14th. The company reported GBX 25.80 earnings per share for the quarter. Land Securities Group had a negative net margin of 38.71% and a negative return on equity of 4.88%. Equities research analysts forecast that Land Securities Group Plc will post 49.8433829 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on LAND shares. JPMorgan Chase & Co. boosted their price objective on Land Securities Group from GBX 425 to GBX 440 and gave the company a “neutral” rating in a research report on Thursday, November 27th. Jefferies Financial Group reissued an “underperform” rating and issued a GBX 475 price target on shares of Land Securities Group in a report on Monday, November 17th. Peel Hunt dropped their price objective on shares of Land Securities Group from GBX 760 to GBX 750 and set a “buy” rating for the company in a research note on Tuesday, December 9th. Shore Capital reissued a “hold” rating on shares of Land Securities Group in a report on Friday, November 14th. Finally, UBS Group reaffirmed a “buy” rating and issued a GBX 725 target price on shares of Land Securities Group in a report on Friday, November 7th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 644.43.

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.