Insider Selling: Land Securities Group (LON:LAND) Insider Sells 16,800 Shares of Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan sold 16,800 shares of Land Securities Group stock in a transaction that occurred on Friday, November 13th. The stock was sold at an average price of GBX 701, for a total transaction of £117,768.

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

• On Wednesday, November 4th, Mark Allan purchased 22 shares of Land Securities Group stock. The shares were acquired at an average cost of GBX 684 per share, with a total value of £150.48.
• On Monday, October 5th, Mark Allan purchased 24 shares of Land Securities Group stock. The stock was acquired at an average price of GBX 617 per share, for a total transaction of £148.08.
• On Friday, September 4th, Mark Allan acquired 23 shares of Land Securities Group stock. The shares were acquired at an average cost of GBX 662 per share, with a total value of £152.26.

Land Securities Group Stock Performance

Shares of LON:LAND traded up GBX 6 during midday trading on Friday, hitting GBX 702. The company had a trading volume of 3,452,908 shares, compared to its average volume of 27,348,457. The company has a debt-to-equity ratio of 68.76, a current ratio of 1.04 and a quick ratio of 0.54. The company has a fifty day moving average of GBX 643.57 and a two-hundred day moving average of GBX 639.08. The company has a market cap of £5.82 billion, a price-to-earnings ratio of 15.29, a PEG ratio of 12.39 and a beta of 1.15. Land Securities Group Plc has a 12-month low of GBX 525 and a 12-month high of GBX 726.

Land Securities Group (LON:LAND) last posted its quarterly earnings data on Friday, November 13th. The company reported GBX 25.90 EPS for the quarter. The firm had revenue of £443 million for the quarter. Land Securities Group had a return on equity of 5.29% and a net margin of 38.45%. On average, equities research analysts expect that Land Securities Group Plc will post 49.84 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

LAND has been the topic of several recent analyst reports. Deutsche Bank raised their price objective on shares of Land Securities Group from GBX 730 to GBX 750 and gave the company a “buy” rating in a research report on Monday, October 5th. Berenberg Bank reduced their price objective on shares of Land Securities Group from GBX 931 to GBX 863 and set a “buy” rating on the stock in a research report on Wednesday, October 14th. Finally, Jefferies Financial Group restated a “hold” rating and set a GBX 593 target price on shares of Land Securities Group in a research report on Thursday, October 15th. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Land Securities Group has a consensus rating of “Moderate Buy” and an average price target of GBX 654.33.

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.