Insider Selling: Londonmetric Property PLC (LMP) Insider Sells 134,745 Shares of Stock

Londonmetric Property PLC (LON:LMP) insider Patrick Vaughan sold 134,745 shares of the business’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of GBX 180 ($2.53), for a total value of £242,541 ($340,599.63).

Londonmetric Property PLC (LON:LMP) opened at GBX 178.30 ($2.50) on Tuesday. The firm has a market capitalization of $1,240.00 and a PE ratio of 742.92. Londonmetric Property PLC has a fifty-two week low of GBX 145.90 ($2.05) and a fifty-two week high of GBX 189.10 ($2.66).

Londonmetric Property (LON:LMP) last released its quarterly earnings results on Wednesday, November 29th. The company reported GBX 4.20 ($0.06) earnings per share for the quarter, hitting analysts’ consensus estimates of GBX 4.20 ($0.06). The company had revenue of GBX 4,063 million during the quarter. Londonmetric Property had a return on equity of 15.33% and a net margin of 192.05%.

The firm also recently declared a dividend, which was paid on Wednesday, January 10th. Investors of record on Thursday, December 7th were issued a GBX 1.85 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, December 7th. This represents a yield of 1.06%.

Several equities analysts have recently issued reports on LMP shares. Canaccord Genuity boosted their price objective on Londonmetric Property from GBX 160 ($2.25) to GBX 175 ($2.46) and gave the company a “hold” rating in a report on Friday, December 22nd. Numis Securities reissued a “hold” rating and issued a GBX 163 ($2.29) price objective on shares of Londonmetric Property in a report on Thursday, October 19th. Liberum Capital reissued a “hold” rating and issued a GBX 170 ($2.39) price objective on shares of Londonmetric Property in a report on Tuesday, November 21st. Peel Hunt boosted their price objective on Londonmetric Property from GBX 180 ($2.53) to GBX 195 ($2.74) and gave the company an “add” rating in a report on Wednesday, November 29th. Finally, JPMorgan Chase & Co. cut Londonmetric Property to a “neutral” rating and set a GBX 200 ($2.81) price objective for the company. in a report on Monday, January 15th. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of GBX 180.63 ($2.54).

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Londonmetric Property 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 (LON:LMP)

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