Great Portland Estates Plc (LON:GPE) Insider Nick Sanderson Acquires 44 Shares of Stock

Great Portland Estates Plc (LON:GPE) insider Nick Sanderson acquired 44 shares of the firm’s stock in a transaction that occurred on Thursday, July 31st. The stock was acquired at an average price of GBX 339 ($4.50) per share, with a total value of £149.16 ($197.98).

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

• On Monday, June 30th, Nick Sanderson acquired 41 shares of Great Portland Estates stock. The stock was acquired at an average price of GBX 364 ($4.83) per share, with a total value of £149.24 ($198.09).
• On Friday, May 30th, Nick Sanderson acquired 45 shares of Great Portland Estates stock. The stock was acquired at an average price of GBX 337 ($4.47) per share, with a total value of £151.65 ($201.29).
• 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 ($4.34), for a total value of £41,643.45 ($55,274.02).

Great Portland Estates Trading Down 2.4%

LON:GPE opened at GBX 331.20 ($4.40) on Friday. Great Portland Estates Plc has a twelve month low of GBX 260 ($3.45) and a twelve month high of GBX 371.50 ($4.93). The company has a quick ratio of 0.46, a current ratio of 0.26 and a debt-to-equity ratio of 51.52. The business has a 50 day moving average price of GBX 343.08 and a two-hundred day moving average price of GBX 310.95. The company has a market cap of £1.33 billion, a P/E ratio of 3.30, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80.

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

Wall Street Analyst Weigh In

Several brokerages recently issued reports on GPE. Peel Hunt reiterated a “buy” rating and issued a GBX 375 ($4.98) price objective on shares of Great Portland Estates in a research report on Thursday, July 3rd. Shore Capital reaffirmed a “buy” rating on shares of Great Portland Estates in a research report on Thursday, July 3rd.

About Great Portland Estates

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.