Insider Buying: Great Portland Estates Plc (LON:GPE) Insider Purchases 5,939 Shares of Stock

Great Portland Estates Plc (LON:GPE) insider Karen Green acquired 5,939 shares of the company’s stock in a transaction that occurred on Friday, June 28th. The shares were bought at an average cost of GBX 335 ($4.25) per share, for a total transaction of £19,895.65 ($25,238.68).

Great Portland Estates Stock Performance

Shares of Great Portland Estates stock traded up GBX 1.10 ($0.01) on Friday, reaching GBX 335.10 ($4.25). 797,280 shares of the stock were exchanged, compared to its average volume of 741,650. The company has a quick ratio of 0.46, a current ratio of 0.26 and a debt-to-equity ratio of 51.52. Great Portland Estates Plc has a twelve month low of GBX 328.50 ($4.17) and a twelve month high of GBX 457.40 ($5.80). The firm has a market capitalization of £1.36 billion, a price-to-earnings ratio of -318.10, a PEG ratio of 2.22 and a beta of 0.78. The business has a 50 day moving average price of GBX 378.20 and a two-hundred day moving average price of GBX 388.34.

Great Portland Estates Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, July 8th. Investors of record on Thursday, May 30th will be issued a dividend of GBX 7.90 ($0.10) per share. This is an increase from Great Portland Estates’s previous dividend of $4.70. The ex-dividend date is Thursday, May 30th. This represents a dividend yield of 1.87%. Great Portland Estates’s payout ratio is -1,238.10%.

Analyst Ratings Changes

Several equities research analysts have weighed in on GPE shares. Numis Securities reissued an “add” rating and issued a GBX 500 ($6.34) price target on shares of Great Portland Estates in a report on Thursday, April 11th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 300 ($3.81) price target on shares of Great Portland Estates in a report on Thursday, June 13th. Finally, Shore Capital reissued a “hold” rating on shares of Great Portland Estates in a report on Thursday, April 11th.

About Great Portland Estates

We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.