Great Portland Estates (LON:GPE) Insider Acquires 45 Shares

Great Portland Estates Plc (LON:GPE) insider Toby Courtauld acquired 45 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The stock was bought at an average price of GBX 334 per share, with a total value of £150.30.

Toby Courtauld also recently made the following trade(s):

• On Tuesday, June 2nd, Toby Courtauld sold 29,288 shares of Great Portland Estates stock. The stock was sold at an average price of GBX 314, for a total value of £91,964.32.
• On Friday, May 29th, Toby Courtauld acquired 48 shares of Great Portland Estates stock. The shares were purchased at an average cost of GBX 312 per share, for a total transaction of £149.76.
• On Thursday, April 30th, Toby Courtauld bought 49 shares of Great Portland Estates stock. The stock was purchased at an average cost of GBX 304 per share, with a total value of £148.96.

Great Portland Estates Trading Up 0.9%

Shares of LON GPE traded up GBX 3 during midday trading on Wednesday, reaching GBX 335. 2,388,875 shares of the stock were exchanged, compared to its average volume of 5,284,313. Great Portland Estates Plc has a 12 month low of GBX 270 and a 12 month high of GBX 377. The company has a market capitalization of £1.35 billion, a price-to-earnings ratio of 8.79, a P/E/G ratio of 2.22 and a beta of 0.91. The company has a debt-to-equity ratio of 41.28, a current ratio of 0.54 and a quick ratio of 0.46. The business has a 50-day simple moving average of GBX 313.26 and a two-hundred day simple moving average of GBX 319.59.

Great Portland Estates (LON:GPE) last released its quarterly earnings data on Thursday, June 25th. The company reported GBX 3.90 EPS for the quarter. The business had revenue of GBX 5,460 million during the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. As a group, equities research analysts expect that Great Portland Estates Plc will post 6.1719457 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on GPE. Jefferies Financial Group reissued a “hold” rating and set a GBX 334 price objective on shares of Great Portland Estates in a research report on Friday, May 29th. Berenberg Bank dropped their price target on Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating on the stock in a research note on Monday, June 22nd. The Goldman Sachs Group reduced their price objective on Great Portland Estates from GBX 370 to GBX 340 and set a “neutral” rating for the company in a research report on Monday, March 30th. UBS Group reiterated a “sell” rating and set a GBX 315 price objective on shares of Great Portland Estates in a report on Monday, May 18th. Finally, Shore Capital Group reissued a “buy” rating on shares of Great Portland Estates in a research report on Friday, May 8th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of GBX 388.22.

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.