Insider Selling: Land Securities Group Plc (LON:LAND) Insider Sells 154,631 Shares of Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan sold 154,631 shares of Land Securities Group stock in a transaction dated Monday, July 28th. The stock was sold at an average price of GBX 590 ($7.82), for a total transaction of £912,322.90 ($1,209,656.46).

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

• On Friday, July 4th, Mark Allan bought 25 shares of Land Securities Group stock. The shares were acquired at an average price of GBX 597 ($7.92) per share, for a total transaction of £149.25 ($197.89).
• On Wednesday, June 4th, Mark Allan bought 24 shares of Land Securities Group stock. The stock was purchased at an average price of GBX 626 ($8.30) per share, for a total transaction of £150.24 ($199.20).

Land Securities Group Price Performance

LON LAND opened at GBX 577.50 ($7.66) on Thursday. Land Securities Group Plc has a 1 year low of GBX 490.20 ($6.50) and a 1 year high of GBX 682 ($9.04). The business’s fifty day moving average is GBX 608.02 and its two-hundred day moving average is GBX 581.90. The stock has a market capitalization of £4.28 billion, a P/E ratio of -13.39, a P/E/G ratio of 12.39 and a beta of 1.44. 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 (LON:LAND) last released its earnings results on Friday, May 16th. The company reported GBX 50.30 ($0.67) 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%. On average, research analysts forecast that Land Securities Group Plc will post 49.8433829 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 710 ($9.41) target price on shares of Land Securities Group in a report on Friday, July 11th.

Land Securities Group Company Profile

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.