Land Securities Group Plc (LAND) to Issue Dividend of GBX 12.10 on July 26th

Land Securities Group Plc (LON:LANDGet Free Report) announced a dividend on Friday, May 17th, Upcoming.Co.Uk reports. Investors of record on Thursday, June 13th will be given a dividend of GBX 12.10 ($0.15) per share on Friday, July 26th. This represents a yield of 1.75%. The ex-dividend date is Thursday, June 13th. This is an increase from Land Securities Group’s previous dividend of $9.30. The official announcement can be viewed at this link.

Land Securities Group Trading Down 1.1 %

Land Securities Group stock opened at GBX 638 ($8.12) on Tuesday. The stock has a market cap of £4.75 billion, a PE ratio of -1,500.00, a P/E/G ratio of 12.39 and a beta of 1.44. The stock has a 50-day moving average price of GBX 651.97 and a 200 day moving average price of GBX 654.98. Land Securities Group has a 52 week low of GBX 551.20 ($7.02) and a 52 week high of GBX 729.40 ($9.29). The company has a current ratio of 0.42, a quick ratio of 0.54 and a debt-to-equity ratio of 58.63.

Analyst Upgrades and Downgrades

LAND has been the subject of several recent analyst reports. Shore Capital restated a “hold” rating on shares of Land Securities Group in a report on Friday, May 17th. Berenberg Bank lowered their price target on Land Securities Group from GBX 807 ($10.28) to GBX 755 ($9.61) and set a “buy” rating for the company in a report on Friday. Finally, Barclays lifted their price target on Land Securities Group from GBX 700 ($8.91) to GBX 730 ($9.30) and gave the company an “overweight” rating in a report on Friday, May 3rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of GBX 650 ($8.28).

Check Out Our Latest Research Report on Land Securities Group

Insider Buying and Selling

In related news, insider Mark Allan sold 16,439 shares of the business’s stock in a transaction that occurred on Monday, June 10th. The stock was sold at an average price of GBX 645 ($8.21), for a total transaction of £106,031.55 ($135,020.44). In other Land Securities Group news, insider Moni Mannings acquired 4,643 shares of the company’s stock in a transaction on Wednesday, May 29th. The shares were bought at an average cost of GBX 646 ($8.23) per share, for a total transaction of £29,993.78 ($38,194.04). Also, insider Mark Allan sold 16,439 shares of Land Securities Group stock in a transaction that occurred on Monday, June 10th. The stock was sold at an average price of GBX 645 ($8.21), for a total value of £106,031.55 ($135,020.44). In the last ninety days, insiders have purchased 4,710 shares of company stock valued at $4,534,382. Corporate insiders own 0.56% of the company’s stock.

Land Securities Group Company Profile

(Get Free Report)

At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.

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Dividend History for Land Securities Group (LON:LAND)

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