Town Centre Securities Plc (LON:TOWN) Insider Michael Ziff Sells 45,000 Shares

Town Centre Securities Plc (LON:TOWN) insider Michael Ziff sold 45,000 shares of the stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of GBX 134 ($1.73), for a total transaction of £60,300 ($77,906.98).

Michael Ziff also recently made the following trade(s):

• On Monday, February 10th, Michael Ziff sold 30,000 shares of Town Centre Securities stock. The shares were sold at an average price of GBX 118 ($1.52), for a total transaction of £35,400 ($45,736.43).

Town Centre Securities Price Performance

Shares of Town Centre Securities stock opened at GBX 135.25 ($1.75) on Tuesday. The stock’s fifty day moving average is GBX 132.67 and its 200 day moving average is GBX 133.29. Town Centre Securities Plc has a one year low of GBX 113 ($1.46) and a one year high of GBX 165 ($2.13). The company has a debt-to-equity ratio of 133.21, a quick ratio of 0.65 and a current ratio of 0.78. The stock has a market cap of £56.98 million, a P/E ratio of -7.58 and a beta of 1.11.

Town Centre Securities (LON:TOWN) last posted its quarterly earnings data on Thursday, March 27th. The company reported GBX 4.20 ($0.05) earnings per share for the quarter. Town Centre Securities had a negative return on equity of 6.58% and a negative net margin of 23.60%. Sell-side analysts anticipate that Town Centre Securities Plc will post 6.4926063 earnings per share for the current year.

Town Centre Securities Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 22nd will be given a GBX 2.50 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a dividend yield of 1.81%. Town Centre Securities’s payout ratio is currently -28.00%.

Town Centre Securities Company Profile

Town Centre Securities PLC (the “Company”) is a public limited company domiciled in the United Kingdom. Its shares are listed on the main market of the London Stock Exchange. The address of its registered office is Town Centre House, The Merrion Centre, Leeds LS2 8LY. The principal activities of the group during the period remained those of property investment, development and trading and the provision of car parking.