Insider Selling: Town Centre Securities Plc (LON:TOWN) Insider Sells £60,300 in Stock

Town Centre Securities Plc (LON:TOWN) insider Michael Ziff sold 45,000 shares of the company’s stock in a transaction dated Monday, March 31st. The shares were sold at an average price of GBX 134 ($1.74), for a total transaction of £60,300 ($78,301.52).

Michael Ziff also recently made the following trade(s):

• On Monday, February 10th, Michael Ziff sold 30,000 shares of Town Centre Securities stock. The stock was sold at an average price of GBX 118 ($1.53), for a total transaction of £35,400 ($45,968.06).

Town Centre Securities Trading Down 1.3 %

Shares of LON:TOWN opened at GBX 134.79 ($1.75) on Thursday. The stock has a market capitalization of £56.78 million, a price-to-earnings ratio of -7.55 and a beta of 1.11. Town Centre Securities Plc has a 1-year low of GBX 113 ($1.47) and a 1-year high of GBX 165 ($2.14). The company has a 50 day moving average price of GBX 133.24 and a 200 day moving average price of GBX 133.28. The company has a debt-to-equity ratio of 133.21, a quick ratio of 0.65 and a current ratio of 0.78.

Town Centre Securities (LON:TOWN) last released its quarterly earnings data on Thursday, March 27th. The company reported GBX 4.20 ($0.05) earnings per share for the quarter. Town Centre Securities had a negative return on equity of 6.58% and a negative net margin of 23.60%. On average, research analysts anticipate that Town Centre Securities Plc will post 6.4926063 EPS for the current fiscal year.

Town Centre Securities Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, June 13th. Investors of record on Thursday, May 22nd will be paid a GBX 2.50 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a yield of 1.81%. Town Centre Securities’s dividend payout ratio is currently -28.00%.

About Town Centre Securities

Town Centre Securities PLC (the “Company”) is a public limited company domiciled in the United Kingdom. Its shares are listed on the main market of the London Stock Exchange. The address of its registered office is Town Centre House, The Merrion Centre, Leeds LS2 8LY. The principal activities of the group during the period remained those of property investment, development and trading and the provision of car parking.