Vanessa Simms Purchases 24 Shares of Land Securities Group (LON:LAND) Stock

Land Securities Group Plc (LON:LAND) insider Vanessa Simms acquired 24 shares of the firm’s stock in a transaction that occurred on Thursday, December 4th. The stock was purchased at an average cost of GBX 620 per share, for a total transaction of £148.80.

Vanessa Simms also recently made the following trade(s):

• On Tuesday, November 4th, Vanessa Simms bought 24 shares of Land Securities Group stock. The shares were acquired at an average price of GBX 617 per share, with a total value of £148.08.
• On Monday, October 6th, Vanessa Simms bought 26 shares of Land Securities Group stock. The stock was acquired at an average cost of GBX 593 per share, for a total transaction of £154.18.

Land Securities Group Trading Up 0.7%

Shares of LAND opened at GBX 618 on Friday. The company has a debt-to-equity ratio of 59.04, a quick ratio of 0.54 and a current ratio of 0.42. Land Securities Group Plc has a 52-week low of GBX 490.20 and a 52-week high of GBX 652.50. The firm has a market cap of £4.60 billion, a price-to-earnings ratio of 18.56, a PEG ratio of 12.39 and a beta of 1.44. The business’s fifty day moving average is GBX 614.49 and its 200-day moving average is GBX 597.58.

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

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Land Securities Group from GBX 760 to GBX 730 and set a “buy” rating on the stock in a report on Friday, November 14th. Peel Hunt restated a “buy” rating and issued a GBX 760 target price on shares of Land Securities Group in a research report on Tuesday, September 30th. JPMorgan Chase & Co. boosted their target price on shares of Land Securities Group from GBX 425 to GBX 440 and gave the stock a “neutral” rating in a research note on Thursday, November 27th. UBS Group reiterated a “buy” rating and issued a GBX 725 price target on shares of Land Securities Group in a research note on Friday, November 7th. Finally, Shore Capital reissued a “hold” rating on shares of Land Securities Group in a report on Friday, November 14th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Land Securities Group currently has an average rating of “Hold” and an average price target 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.