Great Portland Estates (LON:GPE) Insider Acquires £149.76 in Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson purchased 48 shares of the business’s stock in a transaction on Friday, May 29th. The shares were acquired at an average price of GBX 312 per share, for a total transaction of £149.76.

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

• 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 Stock Down 1.0%

LON:GPE traded down GBX 3.20 during trading hours on Tuesday, reaching GBX 309.20. The company had a trading volume of 548,773 shares, compared to its average volume of 5,000,382. Great Portland Estates Plc has a twelve month low of GBX 270 and a twelve month high of GBX 377. The firm has a market cap of £1.25 billion, a price-to-earnings ratio of 8.47, a P/E/G ratio of 2.22 and a beta of 0.92. The business’s 50-day simple moving average is GBX 303.71 and its two-hundred day simple moving average is GBX 319.34.

Great Portland Estates (LON:GPE) last announced its quarterly earnings data on Friday, May 22nd. The company reported GBX 8.60 earnings per share for the quarter. The firm had revenue of £117.90 million for the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. As a group, equities analysts predict that Great Portland Estates Plc will post 6.1719457 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 450 price objective on shares of Great Portland Estates in a report on Thursday, April 16th. Shore Capital Group reiterated a “buy” rating on shares of Great Portland Estates in a report on Friday, May 8th. Stifel Nicolaus reissued a “hold” rating and set a GBX 370 target price on shares of Great Portland Estates in a research report on Wednesday, April 15th. UBS Group reissued a “sell” rating and issued a GBX 315 price objective on shares of Great Portland Estates in a research note on Monday, May 18th. Finally, Jefferies Financial Group reissued a “hold” rating and set a GBX 334 price target on shares of Great Portland Estates in a research report on Friday. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Great Portland Estates currently has a consensus rating of “Hold” and an average target price of GBX 390.11.

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.