Great Portland Estates Plc (LON:GPOR) Insider Acquires £8,955 in Stock
Great Portland Estates Plc (LON:GPOR) insider Nick Hampton acquired 1,500 shares of the stock in a transaction on Tuesday, July 25th. The shares were purchased at an average cost of GBX 597 ($7.78) per share, with a total value of £8,955 ($11,666.23).
Great Portland Estates Plc (LON:GPOR) opened at 597.50 on Wednesday. The stock’s market cap is GBX 1.94 billion. Great Portland Estates Plc has a 52-week low of GBX 581.50 and a 52-week high of GBX 702.00. The stock has a 50 day moving average price of GBX 609.15 and a 200 day moving average price of GBX 664.41.
The business also recently disclosed a dividend, which was paid on Monday, July 10th. Investors of record on Thursday, June 1st were given a dividend of GBX 6.40 ($0.08) per share. This represents a yield of 0.97%. The ex-dividend date of this dividend was Thursday, June 1st.
Several brokerages have commented on GPOR. Jefferies Group LLC lowered their price objective on Great Portland Estates Plc from GBX 563 ($7.33) to GBX 550 ($7.17) and set an “underperform” rating for the company in a research report on Wednesday, April 26th. Liberum Capital reissued a “hold” rating and set a GBX 650 ($8.47) price objective on shares of Great Portland Estates Plc in a research report on Wednesday, April 19th. Peel Hunt reissued an “add” rating and set a GBX 725 ($9.45) price objective on shares of Great Portland Estates Plc in a research report on Wednesday, May 24th. J P Morgan Chase & Co lowered their price objective on Great Portland Estates Plc from GBX 730 ($9.51) to GBX 710 ($9.25) and set a “neutral” rating for the company in a research report on Tuesday, June 20th. Finally, Credit Suisse Group reissued a “neutral” rating on shares of Great Portland Estates Plc in a research report on Friday, June 30th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 685.69 ($8.93).
Great Portland Estates Plc Company Profile
Great Portland Estates plc (GPE) is a property investment and development company. The Company holds office, retail and residential properties in central London. GPE’s properties have tenants from various industry sectors, such as retailers and leisure, technology, media and telecoms, professional services, banking and finance, corporate and Government.
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