Great Portland Estates Plc (LON:GPE) Insider Dan Nicholson Buys 53 Shares

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson purchased 53 shares of the stock in a transaction dated Friday, January 31st. The shares were acquired at an average cost of GBX 282 ($3.51) per share, with a total value of £149.46 ($185.94).

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

• On Tuesday, December 31st, Dan Nicholson purchased 53 shares of Great Portland Estates stock. The stock was acquired at an average price of GBX 287 ($3.57) per share, with a total value of £152.11 ($189.24).

Great Portland Estates Price Performance

Shares of LON:GPE opened at GBX 281.50 ($3.50) on Tuesday. Great Portland Estates Plc has a fifty-two week low of GBX 263 ($3.27) and a fifty-two week high of GBX 441 ($5.49). The company’s 50-day moving average is GBX 286.71 and its 200 day moving average is GBX 320.09. The company has a market capitalization of £1.14 billion, a P/E ratio of -278.71, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80. The company has a debt-to-equity ratio of 51.52, a quick ratio of 0.46 and a current ratio of 0.26.

Great Portland Estates (LON:GPE) last announced its earnings results on Thursday, November 14th. The company reported GBX 2.30 ($0.03) earnings per share (EPS) for the quarter. Great Portland Estates had a negative net margin of 292.59% and a negative return on equity of 17.58%. On average, equities research analysts forecast that Great Portland Estates Plc will post 6.1719457 earnings per share for the current year.

Great Portland Estates Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 3rd. Shareholders of record on Thursday, November 21st were issued a GBX 2.90 ($0.04) dividend. This represents a yield of 0.98%. The ex-dividend date was Thursday, November 21st. Great Portland Estates’s dividend payout ratio (DPR) is currently -1,188.12%.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “hold” rating and issued a GBX 382 ($4.75) target price on shares of Great Portland Estates in a report on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 405.50 ($5.04).

About Great Portland Estates

GPE is a FTSE 250 real estate investor and developer. GPE aims to deliver superior returns by unlocking the often hidden potential in commercial real estate in central London, creating high quality sustainable spaces for its customers and long-term value for its stakeholders.