Shaftesbury PLC (LON:SHB) insider Jill C. Little bought 2,997 shares of the company’s stock in a transaction dated Thursday, December 7th. The stock was bought at an average price of GBX 993 ($13.36) per share, for a total transaction of £29,760.21 ($40,054.12).

Shares of Shaftesbury PLC (SHB) traded down GBX 9.97 ($0.13) during trading on Thursday, reaching GBX 992.50 ($13.36). The company had a trading volume of 223,938 shares, compared to its average volume of 468,485. Shaftesbury PLC has a 1-year low of GBX 861 ($11.59) and a 1-year high of GBX 1,036 ($13.94).

Shaftesbury (LON:SHB) last posted its earnings results on Tuesday, November 28th. The real estate investment trust reported GBX 16.20 ($0.22) EPS for the quarter, missing the Zacks’ consensus estimate of GBX 16.30 ($0.22) by GBX (0.10) ($0.00). Shaftesbury had a net margin of 186.52% and a return on equity of 8.41%. The company had revenue of £111.50 million during the quarter.

The firm also recently disclosed a dividend, which will be paid on Friday, February 16th. Shareholders of record on Thursday, January 18th will be given a dividend of GBX 8.10 ($0.11) per share. This is an increase from Shaftesbury’s previous dividend of $7.90. This represents a yield of 0.82%. The ex-dividend date of this dividend is Thursday, January 18th.

A number of research firms have recently weighed in on SHB. Liberum Capital restated a “hold” rating and issued a GBX 1,025 ($13.80) target price on shares of Shaftesbury in a report on Monday, August 21st. Numis Securities reiterated a “hold” rating and set a GBX 974 ($13.11) price target on shares of Shaftesbury in a report on Wednesday, October 4th. J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 1,100 ($14.80) price target on shares of Shaftesbury in a report on Wednesday, November 29th. Goldman Sachs Group reiterated a “sell” rating and set a GBX 883 ($11.88) price target on shares of Shaftesbury in a report on Wednesday, September 27th. Finally, Peel Hunt reiterated a “reduce” rating and set a GBX 970 ($13.06) price target on shares of Shaftesbury in a report on Tuesday. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 972.10 ($13.08).

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Shaftesbury Company Profile

Shaftesbury PLC is a real estate investment trust. The Company’s objective is to deliver long-term growth in rental income, capital values and shareholder returns. It focuses on retails, restaurants, cafes and leisure. It has approximately 590 shops, restaurants, cafes and bars. Its upper floors consist of over 406,000 square feet of office space and over 560 apartments.

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