Land Securities Group (LON:LAND) Insider Mark Allan Buys 23 Shares of Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan acquired 23 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were purchased at an average cost of GBX 653 per share, with a total value of £150.19.

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

• On Thursday, June 4th, Mark Allan purchased 24 shares of Land Securities Group stock. The stock was acquired at an average price of GBX 624 per share, for a total transaction of £149.76.
• On Tuesday, May 19th, Mark Allan sold 42,500 shares of Land Securities Group stock. The stock was sold at an average price of GBX 597, for a total value of £253,725.
• On Tuesday, May 5th, Mark Allan bought 25 shares of Land Securities Group stock. The shares were acquired at an average cost of GBX 586 per share, for a total transaction of £146.50.

Land Securities Group Stock Up 1.7%

LAND traded up GBX 11.10 on Tuesday, reaching GBX 666.10. The company’s stock had a trading volume of 108,616,227 shares, compared to its average volume of 36,781,988. The company has a market capitalization of £4.96 billion, a price-to-earnings ratio of 14.51, a P/E/G ratio of 12.39 and a beta of 1.14. Land Securities Group Plc has a fifty-two week low of GBX 522.50 and a fifty-two week high of GBX 679.50. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 68.76. The stock has a 50 day moving average of GBX 621.62 and a two-hundred day moving average of GBX 618.38.

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

Analyst Ratings Changes

Several research firms have commented on LAND. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 730 price objective on shares of Land Securities Group in a research note on Friday, May 15th. The Goldman Sachs Group raised Land Securities Group to a “buy” rating and dropped their target price for the company from GBX 710 to GBX 690 in a report on Monday, March 30th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 897 price target on shares of Land Securities Group in a report on Thursday, May 14th. UBS Group reiterated a “buy” rating and issued a GBX 705 price objective on shares of Land Securities Group in a research report on Monday, May 11th. Finally, Jefferies Financial Group reissued an “underperform” rating and issued a GBX 462 price objective on shares of Land Securities Group in a research note on Friday, May 15th. Six investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Land Securities Group currently has a consensus rating of “Moderate Buy” and an average target price of GBX 641.33.

Land Securities Group Company Profile

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.