Insider Buying: Great Portland Estates (LON:GPE) Insider Purchases £149.60 in Stock

Great Portland Estates Plc (LON:GPE) insider Jayne Cottam acquired 44 shares of Great Portland Estates stock in a transaction dated Friday, August 28th. The stock was acquired at an average cost of GBX 340 per share, with a total value of £149.60.

Great Portland Estates Trading Up 0.7%

Shares of GPE stock opened at GBX 330.20 on Friday. Great Portland Estates Plc has a 1 year low of GBX 270 and a 1 year high of GBX 377. The firm’s fifty day simple moving average is GBX 343.16 and its 200 day simple moving average is GBX 322.99. The firm has a market capitalization of £1.33 billion, a P/E ratio of 8.67, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91. The company has a current ratio of 0.54, a quick ratio of 0.46 and a debt-to-equity ratio of 41.28.

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

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Jefferies Financial Group reissued a “hold” rating and set a GBX 334 target price on shares of Great Portland Estates in a research report on Thursday, July 2nd. UBS Group reiterated a “sell” rating and issued a GBX 315 price objective on shares of Great Portland Estates in a research report on Monday, May 18th. Berenberg Bank decreased their price objective on Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating on the stock in a report on Monday, June 22nd. Finally, Shore Capital Group reissued a “buy” rating on shares of Great Portland Estates in a report on Friday, May 8th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Great Portland Estates currently has an average rating of “Hold” and a consensus target price 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.