Insider Buying: Land Securities Group (LON:LAND) Insider Acquires 22 Shares

Land Securities Group Plc (LON:LAND) insider Vanessa Simms bought 22 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was bought at an average cost of GBX 662 per share, for a total transaction of £145.64.

Vanessa Simms also recently made the following trade(s):

• On Tuesday, July 28th, Vanessa Simms sold 77,458 shares of Land Securities Group stock. The shares were sold at an average price of GBX 706, for a total transaction of £546,853.48.
• On Monday, July 6th, Vanessa Simms purchased 23 shares of Land Securities Group stock. The shares were purchased at an average cost of GBX 653 per share, for a total transaction of £150.19.

Land Securities Group Stock Performance

Shares of LAND traded down GBX 3 during midday trading on Tuesday, reaching GBX 659.50. The stock had a trading volume of 2,305,823 shares, compared to its average volume of 29,063,428. The firm has a 50 day simple moving average of GBX 686.67 and a 200-day simple moving average of GBX 635.38. Land Securities Group Plc has a one year low of GBX 525 and a one year high of GBX 726. The firm has a market cap of £4.91 billion, a PE ratio of 14.37, a P/E/G ratio of 12.39 and a beta of 1.15. The company has a current ratio of 1.04, a quick ratio of 0.54 and a debt-to-equity ratio of 68.76.

Analyst Ratings Changes

Several analysts have weighed in on LAND shares. UBS Group reiterated a “buy” rating and issued a GBX 705 price objective on shares of Land Securities Group in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 730 price objective on shares of Land Securities Group in a research note on Friday, May 15th. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 462 target price on shares of Land Securities Group in a research report on Friday, May 15th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 897 price objective on shares of Land Securities Group in a research note on Thursday, May 14th. Six research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Land Securities Group has an average rating of “Moderate Buy” and a consensus 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.