Hammerson (LON:HMSO) Insider Rob Wilkinson Sells 72,328 Shares

Hammerson Plc (LON:HMSO) insider Rob Wilkinson sold 72,328 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of GBX 331, for a total transaction of £239,405.68.

Rob Wilkinson also recently made the following trade(s):

• On Friday, December 19th, Rob Wilkinson bought 155,718 shares of Hammerson stock. The shares were acquired at an average price of GBX 323 per share, with a total value of £502,969.14.

Hammerson Stock Down 3.8%

Hammerson stock opened at GBX 322.80 on Friday. The company has a current ratio of 4.26, a quick ratio of 1.28 and a debt-to-equity ratio of 80.80. Hammerson Plc has a 1-year low of GBX 219.20 and a 1-year high of GBX 373. The company has a fifty day simple moving average of GBX 345.91 and a 200 day simple moving average of GBX 318.70. The company has a market cap of £1.71 billion, a P/E ratio of 7.05, a price-to-earnings-growth ratio of 1.68 and a beta of 1.81.

Hammerson (LON:HMSO) last issued its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported GBX 46 EPS for the quarter. Hammerson had a net margin of 268.95% and a return on equity of 11.77%. Research analysts anticipate that Hammerson Plc will post 20.7491639 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Panmure Gordon restated a “buy” rating and issued a GBX 330 price target on shares of Hammerson in a research note on Monday, November 24th. Berenberg Bank upped their price objective on Hammerson from GBX 405 to GBX 409 and gave the stock a “buy” rating in a research note on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Hammerson from GBX 300 to GBX 320 and gave the company a “hold” rating in a report on Monday, November 24th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Hammerson presently has a consensus rating of “Moderate Buy” and an average target price of GBX 339.83.

About Hammerson

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods. Our assets are high profile and play an important role in our communities, welcoming c.