Land Securities Group Plc (LON:LAND) Insider Vanessa Simms Purchases 26 Shares

Land Securities Group Plc (LON:LAND) insider Vanessa Simms bought 26 shares of the stock in a transaction on Wednesday, December 4th. The shares were bought at an average price of GBX 593 ($7.57) per share, for a total transaction of £154.18 ($196.73).

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

• On Monday, November 4th, Vanessa Simms acquired 25 shares of Land Securities Group stock. The stock was acquired at an average price of GBX 608 ($7.76) per share, for a total transaction of £152 ($193.95).
• On Friday, October 4th, Vanessa Simms acquired 23 shares of Land Securities Group stock. The stock was acquired at an average price of GBX 642 ($8.19) per share, for a total transaction of £147.66 ($188.41).

Land Securities Group Price Performance

LON LAND opened at GBX 595 ($7.59) on Friday. Land Securities Group Plc has a 12 month low of GBX 567.50 ($7.24) and a 12 month high of GBX 729.40 ($9.31). The stock has a market cap of £4.43 billion, a price-to-earnings ratio of -1,383.72, a PEG ratio of 12.39 and a beta of 1.44. The company’s 50 day moving average is GBX 621.32 and its two-hundred day moving average is GBX 634.72. The company has a current ratio of 0.42, a quick ratio of 0.54 and a debt-to-equity ratio of 58.63.

Land Securities Group Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Thursday, November 28th will be paid a dividend of GBX 9.40 ($0.12) per share. This is a boost from Land Securities Group’s previous dividend of $9.20. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 1.62%. Land Securities Group’s dividend payout ratio (DPR) is presently -9,302.33%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank decreased their target price on shares of Land Securities Group from GBX 755 ($9.63) to GBX 746 ($9.52) and set a “buy” rating on the stock in a research note on Wednesday.

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.