Great Portland Estates Plc (LON:GPE) Insider Buys £41,020 in Stock

Great Portland Estates Plc (LON:GPE) insider Richard Stephen Mully purchased 14,000 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was acquired at an average cost of GBX 293 ($3.72) per share, with a total value of £41,020 ($52,055.84).

Great Portland Estates Stock Performance

Shares of Great Portland Estates stock opened at GBX 292.50 ($3.71) on Wednesday. The business has a fifty day simple moving average of GBX 334.97 and a two-hundred day simple moving average of GBX 349.79. The company has a current ratio of 0.26, a quick ratio of 0.46 and a debt-to-equity ratio of 51.52. The firm has a market capitalization of £1.19 billion, a P/E ratio of -294.06, a P/E/G ratio of 2.22 and a beta of 0.80. Great Portland Estates Plc has a 12 month low of GBX 288 ($3.65) and a 12 month high of GBX 441 ($5.60).

Great Portland Estates Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 3rd. Investors of record on Thursday, November 21st will be issued a GBX 2.90 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a yield of 0.98%. Great Portland Estates’s payout ratio is -1,188.12%.

Great Portland Estates Company Profile

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.