Land Securities Group (LON:LAND) Insider Vanessa Simms Buys 23 Shares

Land Securities Group Plc (LON:LAND) insider Vanessa Simms purchased 23 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were bought at an average cost of GBX 653 per share, for a total transaction of £150.19.

Vanessa Simms also recently made the following trade(s):

• On Thursday, June 4th, Vanessa Simms purchased 24 shares of Land Securities Group stock. The shares were bought at an average price of GBX 624 per share, with a total value of £149.76.
• On Tuesday, May 5th, Vanessa Simms acquired 26 shares of Land Securities Group stock. The shares were purchased at an average cost of GBX 586 per share, for a total transaction of £152.36.

Land Securities Group Price Performance

LAND stock traded up GBX 11.10 during midday trading on Tuesday, reaching GBX 666.10. 108,616,227 shares of the stock were exchanged, compared to its average volume of 36,781,988. The company has a debt-to-equity ratio of 68.76, a current ratio of 1.04 and a quick ratio of 0.54. The stock has a market capitalization of £4.96 billion, a PE ratio of 14.51, a P/E/G ratio of 12.39 and a beta of 1.14. Land Securities Group Plc has a 52 week low of GBX 522.50 and a 52 week high of GBX 679.50. The company has a fifty day moving average price of GBX 621.62 and a 200 day moving average price of GBX 618.38.

Land Securities Group (LON:LAND) last released its quarterly earnings results on Thursday, May 14th. The company reported GBX 51.40 earnings per share for the quarter. Land Securities Group had a return on equity of 5.29% and a net margin of 38.45%.The company had revenue of £892 million for the quarter. As a group, analysts expect that Land Securities Group Plc will post 49.8433829 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

LAND has been the subject of a number of analyst reports. Berenberg Bank restated a “buy” rating and set a GBX 897 price objective on shares of Land Securities Group in a research report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 730 target price on shares of Land Securities Group in a research report on Friday, May 15th. UBS Group restated a “buy” rating and set a GBX 705 price target on shares of Land Securities Group in a report on Monday, May 11th. Jefferies Financial Group restated an “underperform” rating and issued a GBX 462 price target on shares of Land Securities Group in a research report on Friday, May 15th. Finally, The Goldman Sachs Group upgraded shares of Land Securities Group to a “buy” rating and decreased their price objective for the stock from GBX 710 to GBX 690 in a research report on Monday, March 30th. Six analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 641.33.

About Land Securities Group

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.