Great Portland Estates Plc (LON:GPE) Insider Dan Nicholson Purchases 42 Shares

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson purchased 42 shares of the business’s stock in a transaction dated Monday, September 30th. The shares were purchased at an average cost of GBX 357 ($4.78) per share, for a total transaction of £149.94 ($200.56).

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

• On Friday, September 27th, Dan Nicholson purchased 3,040 shares of Great Portland Estates stock. The shares were bought at an average price of GBX 360 ($4.82) per share, with a total value of £10,944 ($14,638.84).
• On Friday, August 30th, Dan Nicholson acquired 45 shares of Great Portland Estates stock. The shares were bought at an average cost of GBX 3,395 ($45.41) per share, for a total transaction of £1,527.75 ($2,043.54).

Great Portland Estates Stock Performance

Shares of GPE traded up GBX 4 ($0.05) during trading hours on Tuesday, hitting GBX 360 ($4.82). The stock had a trading volume of 810,809 shares, compared to its average volume of 997,972. The company has a debt-to-equity ratio of 51.52, a current ratio of 0.26 and a quick ratio of 0.46. Great Portland Estates Plc has a 12 month low of GBX 327.50 ($4.38) and a 12 month high of GBX 457.40 ($6.12). The firm has a market capitalization of £1.46 billion, a PE ratio of -352.48, a PEG ratio of 2.22 and a beta of 0.80. The stock has a fifty day moving average price of GBX 348.73 and a 200 day moving average price of GBX 364.25.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Shore Capital reaffirmed a “buy” rating on shares of Great Portland Estates in a report on Thursday, July 4th. Deutsche Bank Aktiengesellschaft reduced their price target on Great Portland Estates from GBX 500 ($6.69) to GBX 440 ($5.89) and set a “buy” rating on the stock in a research report on Wednesday, July 3rd. Finally, Jefferies Financial Group restated a “hold” rating and set a GBX 300 ($4.01) price target on shares of Great Portland Estates in a research report on Thursday, June 13th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 423.25 ($5.66).

Great Portland Estates Company Profile

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.