Insider Buying: Great Portland Estates Plc (LON:GPE) Insider Acquires £149.24 in Stock

Great Portland Estates Plc (LON:GPE) insider Nick Sanderson acquired 41 shares of the company’s stock in a transaction dated Monday, June 30th. The shares were acquired at an average price of GBX 364 ($4.97) per share, for a total transaction of £149.24 ($203.74).

Nick Sanderson also recently made the following trade(s):

• On Friday, May 30th, Nick Sanderson acquired 45 shares of Great Portland Estates stock. The stock was acquired at an average cost of GBX 337 ($4.60) per share, with a total value of £151.65 ($207.03).
• On Tuesday, May 27th, Nick Sanderson sold 12,735 shares of Great Portland Estates stock. The shares were sold at an average price of GBX 327 ($4.46), for a total value of £41,643.45 ($56,851.13).
• On Wednesday, April 30th, Nick Sanderson purchased 48 shares of Great Portland Estates stock. The stock was bought at an average price of GBX 308 ($4.20) per share, for a total transaction of £147.84 ($201.83).

Great Portland Estates Trading Up 2.3%

LON:GPE opened at GBX 348.38 ($4.76) on Friday. The firm has a 50 day moving average of GBX 335.96 and a 200 day moving average of GBX 302.59. 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 52 week low of GBX 260 ($3.55) and a 52 week high of GBX 371.50 ($5.07). The stock has a market capitalization of £1.40 billion, a price-to-earnings ratio of 3.47, a PEG ratio of 2.22 and a beta of 0.80.

Great Portland Estates (LON:GPE) last issued its quarterly earnings data on Wednesday, May 21st. The company reported GBX 5.30 ($0.07) EPS for the quarter. Great Portland Estates had a return on equity of 15.50% and a net margin of 172.83%. As a group, sell-side analysts anticipate that Great Portland Estates Plc will post 6.1719457 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on GPE shares. Shore Capital restated a “buy” rating on shares of Great Portland Estates in a research note on Thursday. Peel Hunt reissued a “buy” rating and set a GBX 375 ($5.12) price target on shares of Great Portland Estates in a research report on Thursday.

Great Portland Estates Company Profile

GPE is a FTSE 250 real estate investor and developer. GPE aims to deliver superior returns by unlocking the often hidden potential in commercial real estate in central London, creating high quality sustainable spaces for its customers and long-term value for its stakeholders.