Insider Selling: Land Securities Group (LON:LAND) Insider Sells £546,853.48 in Stock

Land Securities Group Plc (LON:LAND) insider Vanessa Simms sold 77,458 shares of the firm’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of GBX 706, for a total transaction of £546,853.48.

Vanessa Simms also recently made the following trade(s):

• On Monday, July 6th, Vanessa Simms bought 23 shares of Land Securities Group stock. The shares were acquired at an average cost of GBX 653 per share, with a total value of £150.19.
• On Thursday, June 4th, Vanessa Simms bought 24 shares of Land Securities Group stock. The stock was acquired at an average cost of GBX 624 per share, with a total value of £149.76.
• On Tuesday, May 5th, Vanessa Simms acquired 26 shares of Land Securities Group stock. The stock was bought at an average price of GBX 586 per share, with a total value of £152.36.

Land Securities Group Price Performance

Shares of LON:LAND traded down GBX 4.50 during trading on Wednesday, hitting GBX 702.50. 1,109,557 shares of the stock were exchanged, compared to its average volume of 32,253,043. The company has a fifty day moving average price of GBX 652.43 and a two-hundred day moving average price of GBX 626.04. The company has a market cap of £5.23 billion, a PE ratio of 15.31, a P/E/G ratio of 12.39 and a beta of 1.14. The company has a current ratio of 1.04, a quick ratio of 0.54 and a debt-to-equity ratio of 68.76. Land Securities Group Plc has a 12-month low of GBX 522.50 and a 12-month high of GBX 710.50.

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

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on LAND. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 730 target price on shares of Land Securities Group in a research report on Friday, May 15th. Citigroup lowered their price target on Land Securities Group from GBX 627 to GBX 604 and set a “neutral” rating for the company in a report on Thursday, April 2nd. Berenberg Bank reaffirmed a “buy” rating and set a GBX 897 price objective on shares of Land Securities Group in a research note on Thursday, May 14th. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 462 price objective on shares of Land Securities Group in a report on Friday, May 15th. Finally, UBS Group reissued a “buy” rating and issued a GBX 705 target price on shares of Land Securities Group in a research report on Monday, May 11th. Six research 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 MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 641.33.

About Land Securities Group

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.