St. Modwen Properties plc (LON:SMP) insider Mark Allan sold 164,437 shares of the stock in a transaction that occurred on Thursday, July 6th. The shares were sold at an average price of GBX 367 ($4.75), for a total value of £603,483.79 ($781,714.75).

St. Modwen Properties plc (LON:SMP) opened at 357.90 on Monday. St. Modwen Properties plc has a 12 month low of GBX 219.40 and a 12 month high of GBX 371.90. The stock’s 50 day moving average price is GBX 354.88 and its 200-day moving average price is GBX 335.30. The stock’s market cap is GBX 793.20 million.

The firm also recently disclosed a dividend, which will be paid on Tuesday, September 5th. Investors of record on Thursday, August 10th will be issued a dividend of GBX 2.02 ($0.03) per share. This represents a yield of 0.56%. The ex-dividend date is Thursday, August 10th.

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A number of research analysts have recently issued reports on SMP shares. Peel Hunt reiterated a “buy” rating and set a GBX 375 ($4.86) target price on shares of St. Modwen Properties plc in a research report on Tuesday, July 4th. J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 410 ($5.31) target price on shares of St. Modwen Properties plc in a research report on Thursday, June 8th. Liberum Capital reiterated a “buy” rating and set a GBX 360 ($4.66) target price on shares of St. Modwen Properties plc in a research report on Wednesday, June 7th. Finally, Numis Securities Ltd reiterated a “buy” rating and set a GBX 432 ($5.60) target price on shares of St. Modwen Properties plc in a research report on Thursday, June 22nd.

About St. Modwen Properties plc

St. Modwen Properties PLC is a United Kingdom-based regeneration specialist. The Company operates in property industry from a network of regional offices, a residential business and through joint ventures with public sector and industry partners. Its segments include Portfolio and Residential development.

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