Mark Allan Acquires 24 Shares of Land Securities Group (LON:LAND) Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan purchased 24 shares of the business’s stock in a transaction on Thursday, December 4th. The shares were acquired at an average price of GBX 620 per share, with a total value of £148.80.

Mark Allan also recently made the following trade(s):

• On Tuesday, November 4th, Mark Allan acquired 25 shares of Land Securities Group stock. The stock was bought at an average price of GBX 617 per share, for a total transaction of £154.25.
• On Monday, October 6th, Mark Allan bought 25 shares of Land Securities Group stock. The shares were bought at an average price of GBX 593 per share, with a total value of £148.25.

Land Securities Group Price Performance

Shares of LAND stock opened at GBX 618 on Friday. The company has a debt-to-equity ratio of 59.04, a current ratio of 0.42 and a quick ratio of 0.54. The stock’s fifty day simple moving average is GBX 614.49 and its 200 day simple moving average is GBX 597.58. Land Securities Group Plc has a one year low of GBX 490.20 and a one year high of GBX 652.50. The firm has a market cap of £4.60 billion, a price-to-earnings ratio of 18.56, a P/E/G ratio of 12.39 and a beta of 1.44.

Land Securities Group (LON:LAND) last announced its earnings results on Friday, November 14th. The company reported GBX 25.80 EPS for the quarter. Land Securities Group had a negative net margin of 38.71% and a negative return on equity of 4.88%. On average, analysts expect that Land Securities Group Plc will post 49.8433829 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Jefferies Financial Group reaffirmed an “underperform” rating and issued a GBX 475 price objective on shares of Land Securities Group in a research report on Monday, November 17th. Deutsche Bank Aktiengesellschaft cut their price target on Land Securities Group from GBX 760 to GBX 730 and set a “buy” rating on the stock in a report on Friday, November 14th. Shore Capital reiterated a “hold” rating on shares of Land Securities Group in a report on Friday, November 14th. UBS Group reissued a “buy” rating and issued a GBX 725 target price on shares of Land Securities Group in a research report on Friday, November 7th. Finally, JPMorgan Chase & Co. upped their price target on Land Securities Group from GBX 425 to GBX 440 and gave the stock a “neutral” rating in a research report on Thursday, November 27th. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of GBX 604.

About Land Securities Group

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.