Great Portland Estates (LON:GPE) Insider Purchases £150.30 in Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson acquired 45 shares of the company’s stock in a transaction dated Tuesday, June 30th. The stock was purchased at an average cost of GBX 334 per share, for a total transaction 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 shares were sold at an average price of GBX 314, for a total value of £50,356.18.
• On Friday, May 29th, Dan Nicholson bought 48 shares of Great Portland Estates stock. The shares were purchased at an average cost of GBX 312 per share, for a total transaction of £149.76.
• On Thursday, April 30th, Dan Nicholson bought 49 shares of Great Portland Estates stock. The shares were bought at an average cost of GBX 304 per share, for a total transaction of £148.96.

Great Portland Estates Trading Up 0.9%

Shares of LON GPE traded up GBX 3 during mid-day trading on Wednesday, hitting GBX 335. 2,388,875 shares of the company traded hands, compared to its average volume of 5,284,313. The company has a quick ratio of 0.46, a current ratio of 0.54 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 stock 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 business has a 50 day moving average of GBX 313.26 and a two-hundred day moving average of GBX 319.59.

Great Portland Estates (LON:GPE) last posted its quarterly earnings data on Thursday, June 25th. The company reported GBX 3.90 earnings per share (EPS) 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 for the quarter. On average, sell-side analysts anticipate that Great Portland Estates Plc will post 6.1719457 earnings per share for the current fiscal year.

Analysts Set New Price Targets

GPE has been the subject of a number of recent analyst reports. UBS Group reaffirmed a “sell” rating and issued a GBX 315 price objective on shares of Great Portland Estates in a research note on Monday, May 18th. Berenberg Bank cut their target price on shares of Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating on the stock in a research note on Monday, June 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 450 target price on shares of Great Portland Estates in a report on Thursday, April 16th. Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 370 target price on shares of Great Portland Estates in a research report on Wednesday, April 15th. Finally, Shore Capital Group reiterated a “buy” rating on shares of Great Portland Estates in a report on Friday, May 8th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target 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.