Hammerson Plc (LON:HMSO) Insider Himanshu Raja Sells 44,509 Shares

Hammerson Plc (LON:HMSO) insider Himanshu Raja sold 44,509 shares of the company’s stock in a transaction on Friday, April 4th. The shares were sold at an average price of GBX 239 ($3.04), for a total transaction of £106,376.51 ($135,407.98).

Hammerson Stock Performance

HMSO stock traded up GBX 10.80 ($0.14) during trading on Tuesday, hitting GBX 231.20 ($2.94). 1,228,181 shares of the company traded hands, compared to its average volume of 2,191,455. Hammerson Plc has a 1 year low of GBX 219.20 ($2.79) and a 1 year high of GBX 325 ($4.14). The company has a market cap of £1.13 billion, a PE ratio of -42.17, a P/E/G ratio of 1.68 and a beta of 2.30. The stock’s 50-day simple moving average is GBX 267.93 and its 200 day simple moving average is GBX 269.70. The company has a debt-to-equity ratio of 80.77, a current ratio of 10.65 and a quick ratio of 1.28.

Hammerson (LON:HMSO) last posted its earnings results on Wednesday, February 26th. The real estate investment trust reported GBX 19.90 ($0.25) earnings per share (EPS) for the quarter. Hammerson had a negative net margin of 346.30% and a negative return on equity of 25.94%. On average, equities analysts expect that Hammerson Plc will post 20.7491639 earnings per share for the current fiscal year.

Hammerson Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, June 3rd. Investors of record on Thursday, April 24th will be issued a GBX 8.07 ($0.10) dividend. This is a boost from Hammerson’s previous dividend of $0.76. The ex-dividend date of this dividend is Thursday, April 24th. This represents a yield of 3.2%. Hammerson’s dividend payout ratio is presently -273.62%.

Hammerson Company Profile

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.