Land Securities Group (LON:LAND) Insider Mark Allan Purchases 24 Shares

Land Securities Group Plc (LON:LAND) insider Mark Allan acquired 24 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were purchased at an average price of GBX 624 per share, with a total value of £149.76.

Mark Allan also recently made the following trade(s):

• On Tuesday, May 19th, Mark Allan sold 42,500 shares of Land Securities Group stock. The shares were sold at an average price of GBX 597, for a total transaction of £253,725.
• On Tuesday, May 5th, Mark Allan acquired 25 shares of Land Securities Group stock. The shares were purchased at an average price of GBX 586 per share, with a total value of £146.50.

Land Securities Group Stock Up 1.2%

Shares of LON LAND opened at GBX 634.50 on Friday. The stock has a market cap of £4.73 billion, a P/E ratio of 13.82, a P/E/G ratio of 12.39 and a beta of 1.13. The firm has a 50 day moving average price of GBX 593.77 and a 200 day moving average price of GBX 611.52. The company has a debt-to-equity ratio of 68.76, a quick ratio of 0.54 and a current ratio of 1.04. Land Securities Group Plc has a 52-week low of GBX 522.50 and a 52-week high of GBX 678.50.

Land Securities Group (LON:LAND) last issued its quarterly earnings data on Thursday, May 14th. The company reported GBX 51.40 earnings per share (EPS) for the quarter. The firm had revenue of £892 million during the quarter. Land Securities Group had a net margin of 38.45% and a return on equity of 5.29%. Analysts expect that Land Securities Group Plc will post 49.8433829 EPS for the current year.

Analyst Ratings Changes

LAND has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 730 price target on shares of Land Securities Group in a research note on Friday, May 15th. The Goldman Sachs Group raised shares of Land Securities Group to a “buy” rating and cut their price target for the company from GBX 710 to GBX 690 in a research note on Monday, March 30th. UBS Group reaffirmed a “buy” rating and issued a GBX 705 price target on shares of Land Securities Group in a research note on Monday, May 11th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 897 price target on shares of Land Securities Group in a research note on Thursday, May 14th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 462 price target on shares of Land Securities Group in a research note on Friday, May 15th. Six analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 641.33.

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.