Mark Allan Acquires 24 Shares of Land Securities Group (LON:LAND) Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan acquired 24 shares of the stock in a transaction on Thursday, June 4th. The stock was bought at an average price of GBX 624 per share, with a total value of £149.76.

Mark Allan also recently made the following trade(s):

• On Tuesday, May 19th, Mark Allan sold 42,500 shares of Land Securities Group stock. The shares were sold at an average price of GBX 597, for a total transaction of £253,725.
• On Tuesday, May 5th, Mark Allan acquired 25 shares of Land Securities Group stock. The stock was bought at an average price of GBX 586 per share, with a total value of £146.50.

Land Securities Group Trading Up 1.2%

LAND opened at GBX 634.50 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.54 and a debt-to-equity ratio of 68.76. The stock has a market capitalization of £4.73 billion, a PE ratio of 13.82, a PEG ratio of 12.39 and a beta of 1.13. Land Securities Group Plc has a 1-year low of GBX 522.50 and a 1-year high of GBX 678.50. The firm has a 50-day moving average price of GBX 593.77 and a two-hundred day moving average price of GBX 611.52.

Land Securities Group (LON:LAND) last posted its quarterly earnings data on Thursday, May 14th. The company reported GBX 51.40 earnings per share for the quarter. The firm had revenue of £892 million during the quarter. Land Securities Group had a net margin of 38.45% and a return on equity of 5.29%. As a group, equities analysts anticipate that Land Securities Group Plc will post 49.8433829 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on LAND shares. Citigroup lowered their price target on shares of Land Securities Group from GBX 627 to GBX 604 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. Berenberg Bank reiterated a “buy” rating and set a GBX 897 price target on shares of Land Securities Group in a research report on Thursday, May 14th. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 462 price target on shares of Land Securities Group in a research report on Friday, May 15th. UBS Group reiterated a “buy” rating and set a GBX 705 price target on shares of Land Securities Group in a research report on Monday, May 11th. Finally, The Goldman Sachs Group upgraded shares of Land Securities Group to a “buy” rating and lowered their price target for the stock from GBX 710 to GBX 690 in a research report on Monday, March 30th. Six equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 641.33.

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.