Hammerson (LON:HMSO) Insider Buys £1,797.28 in Stock

Hammerson Plc (LON:HMSO) insider Rob Wilkinson bought 478 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average cost of GBX 376 per share, for a total transaction of £1,797.28.

Hammerson Trading Up 1.7%

Shares of HMSO stock traded up GBX 6.60 during mid-day trading on Thursday, reaching GBX 386.60. The stock had a trading volume of 27,730,078 shares, compared to its average volume of 7,797,865. The firm has a market capitalization of £2.26 billion, a PE ratio of 9.59, a price-to-earnings-growth ratio of 1.68 and a beta of 1.79. The stock’s 50-day moving average price is GBX 363.33 and its two-hundred day moving average price is GBX 344.45. Hammerson Plc has a 52-week low of GBX 264 and a 52-week high of GBX 391.80. The company has a current ratio of 1.00, a quick ratio of 1.28 and a debt-to-equity ratio of 86.37.

Hammerson (LON:HMSO) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported GBX 12.10 earnings per share for the quarter. Hammerson had a return on equity of 11.84% and a net margin of 86.23%. Equities analysts expect that Hammerson Plc will post 20.7491639 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

HMSO has been the topic of several research analyst reports. Citigroup boosted their price objective on Hammerson from GBX 385 to GBX 454 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Hammerson from GBX 370 to GBX 395 and gave the stock a “hold” rating in a report on Tuesday. Jefferies Financial Group reissued a “hold” rating and issued a GBX 360 price objective on shares of Hammerson in a report on Friday, July 31st. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 448 target price on shares of Hammerson in a research note on Thursday, July 30th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Hammerson has a consensus rating of “Moderate Buy” and a consensus price target of GBX 382.14.

Hammerson Company Profile

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods. Our assets are high profile and play an important role in our communities, welcoming c.