Great Portland Estates (LON:GPE) Insider Acquires £152.22 in Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson acquired 43 shares of the stock in a transaction dated Friday, July 31st. The stock was acquired at an average price of GBX 354 per share, for a total transaction of £152.22.

Dan Nicholson also recently made the following trade(s):

• On Tuesday, June 30th, Dan Nicholson bought 45 shares of Great Portland Estates stock. The shares were acquired at an average price of GBX 334 per share, with a total value of £150.30.
• On Tuesday, June 2nd, Dan Nicholson sold 16,037 shares of Great Portland Estates stock. The shares were sold at an average price of GBX 314, for a total transaction of £50,356.18.
• On Friday, May 29th, Dan Nicholson bought 48 shares of Great Portland Estates stock. The shares were acquired at an average cost of GBX 312 per share, with a total value of £149.76.

Great Portland Estates Stock Up 0.4%

GPE opened at GBX 359.72 on Thursday. The company has a current ratio of 0.54, a quick ratio of 0.46 and a debt-to-equity ratio of 41.28. Great Portland Estates Plc has a 1-year low of GBX 270 and a 1-year high of GBX 377. The company has a market capitalization of £1.45 billion, a PE ratio of 9.44, a PEG ratio of 2.22 and a beta of 0.91. The firm’s 50 day simple moving average is GBX 330.10 and its two-hundred day simple moving average is GBX 324.25.

Great Portland Estates (LON:GPE) last issued its quarterly earnings data on Thursday, June 25th. The company reported GBX 3.90 earnings per share (EPS) for the quarter. The firm had revenue of GBX 5,460 million during the quarter. Great Portland Estates had a net margin of 131.04% and a return on equity of 7.41%. As a group, equities analysts forecast that Great Portland Estates Plc will post 6.1719457 EPS for the current year.

Analyst Ratings Changes

A number of analysts have commented on GPE shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 450 price target on shares of Great Portland Estates in a research report on Thursday, April 16th. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 370 price objective on shares of Great Portland Estates in a research report on Wednesday, April 15th. Berenberg Bank cut their price objective on Great Portland Estates from GBX 377 to GBX 360 and set a “hold” rating for the company in a research note on Monday, June 22nd. UBS Group reissued a “sell” rating and issued a GBX 315 target price on shares of Great Portland Estates in a report on Monday, May 18th. Finally, Jefferies Financial Group restated a “hold” rating and set a GBX 334 target price on shares of Great Portland Estates in a research note on Thursday, July 2nd. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Great Portland Estates presently has a consensus rating of “Hold” and an average target price of GBX 388.22.

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.