Londonmetric Property PLC (LON:LMP) insider Martin McGann sold 215,576 shares of the stock in a transaction dated Thursday, September 28th. The shares were sold at an average price of GBX 164 ($2.18), for a total transaction of £353,544.64 ($468,954.29).

Martin McGann also recently made the following trade(s):

  • On Monday, September 25th, Martin McGann bought 62,500 shares of Londonmetric Property PLC stock. The shares were bought at an average cost of GBX 167 ($2.22) per share, with a total value of £104,375 ($138,446.74).
  • On Tuesday, September 26th, Martin McGann bought 55,106 shares of Londonmetric Property PLC stock. The shares were bought at an average cost of GBX 166 ($2.20) per share, with a total value of £91,475.96 ($121,336.99).
  • On Wednesday, September 27th, Martin McGann bought 92,764 shares of Londonmetric Property PLC stock. The shares were bought at an average cost of GBX 165 ($2.19) per share, with a total value of £153,060.60 ($203,025.07).
  • On Friday, September 29th, Martin McGann purchased 62,500 shares of Londonmetric Property PLC stock. The stock was bought at an average price of GBX 167 ($2.22) per share, for a total transaction of £104,375 ($138,446.74).

Shares of Londonmetric Property PLC (LON:LMP) opened at 166.30 on Wednesday. The stock’s 50 day moving average price is GBX 167.26 and its 200-day moving average price is GBX 166.40. Londonmetric Property PLC has a 12-month low of GBX 138.30 and a 12-month high of GBX 175.20. The firm’s market cap is GBX 1.14 billion.

The company also recently disclosed a dividend, which will be paid on Friday, October 6th. Shareholders of record on Thursday, August 31st will be issued a dividend of GBX 1.85 ($0.02) per share. This represents a yield of 1.1%. The ex-dividend date is Thursday, August 31st.

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Several research analysts have weighed in on LMP shares. J P Morgan Chase & Co increased their price target on shares of Londonmetric Property PLC from GBX 175 ($2.32) to GBX 195 ($2.59) and gave the company an “overweight” rating in a report on Tuesday, June 20th. Peel Hunt restated an “add” rating and set a GBX 180 ($2.39) price objective on shares of Londonmetric Property PLC in a research report on Monday. Finally, Liberum Capital restated a “hold” rating and set a GBX 155 ($2.06) price objective on shares of Londonmetric Property PLC in a research report on Monday. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of GBX 172.17 ($2.28).

Londonmetric Property PLC Company Profile

LondonMetric Property Plc is a property investment and development company. The Company’s segments include Retail, Distribution, Offices, Residential and Development. The Company is involved in retailer-led distribution, out of town and convenience retail. The Company’s portfolio includes distribution and retail businesses across the United Kingdom.

Insider Buying and Selling by Quarter for Londonmetric Property PLC (LON:LMP)

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