Great Portland Estates Plc (LON:GPE) Insider Karen Green Buys 5,939 Shares

Great Portland Estates Plc (LON:GPE) insider Karen Green purchased 5,939 shares of the business’s stock in a transaction dated Friday, June 28th. The stock was purchased at an average price of GBX 335 ($4.25) per share, for a total transaction of £19,895.65 ($25,238.68).

Great Portland Estates Price Performance

LON:GPE opened at GBX 335.50 ($4.26) on Friday. The company has a debt-to-equity ratio of 51.52, a quick ratio of 0.46 and a current ratio of 0.26. The stock’s 50-day simple moving average is GBX 377.01 and its 200 day simple moving average is GBX 387.96. The company has a market cap of £1.36 billion, a P/E ratio of -319.52, a P/E/G ratio of 2.22 and a beta of 0.78. Great Portland Estates Plc has a 52-week low of GBX 328.50 ($4.17) and a 52-week high of GBX 457.40 ($5.80).

Great Portland Estates Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, July 8th. Investors of record on Thursday, May 30th will be given a GBX 7.90 ($0.10) dividend. The ex-dividend date is Thursday, May 30th. This represents a dividend yield of 1.87%. This is an increase from Great Portland Estates’s previous dividend of $4.70. Great Portland Estates’s payout ratio is currently -1,238.10%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Numis Securities restated an “add” rating and issued a GBX 500 ($6.34) price target on shares of Great Portland Estates in a report on Thursday, April 11th. Jefferies Financial Group restated a “hold” rating and issued a GBX 300 ($3.81) price target on shares of Great Portland Estates in a report on Thursday, June 13th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Great Portland Estates in a research report on Thursday, April 11th.

About Great Portland Estates

We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.