Land Securities Group (LON:LAND) Insider Mark Allan Purchases 22 Shares of Stock

Land Securities Group Plc (LON:LAND) insider Mark Allan bought 22 shares of the stock in a transaction dated Wednesday, February 4th. The shares were acquired at an average price of GBX 668 per share, for a total transaction of £146.96.

Mark Allan also recently made the following trade(s):

• On Monday, January 5th, Mark Allan acquired 24 shares of Land Securities Group stock. The shares were bought at an average price of GBX 618 per share, with a total value of £148.32.
• On Thursday, December 4th, Mark Allan acquired 24 shares of Land Securities Group stock. The stock was bought at an average cost of GBX 620 per share, for a total transaction of £148.80.

Land Securities Group Stock Down 1.3%

LAND opened at GBX 666 on Friday. Land Securities Group Plc has a twelve month low of GBX 490.20 and a twelve month high of GBX 676.50. The company’s 50-day moving average price is GBX 625 and its two-hundred day moving average price is GBX 602.29. The stock has a market cap of £4.96 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 12.39 and a beta of 1.44. The company has a quick ratio of 0.54, a current ratio of 0.42 and a debt-to-equity ratio of 59.04.

Land Securities Group (LON:LAND) last posted its quarterly earnings data on Friday, November 14th. The company reported GBX 25.80 EPS for the quarter. Land Securities Group had a negative return on equity of 4.88% and a negative net margin of 38.71%. As a group, equities analysts expect that Land Securities Group Plc will post 49.8433829 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on LAND shares. JPMorgan Chase & Co. upped their price objective on shares of Land Securities Group from GBX 425 to GBX 440 and gave the company a “neutral” rating in a report on Thursday, November 27th. Shore Capital Group reissued a “hold” rating on shares of Land Securities Group in a research report on Friday, November 14th. Peel Hunt dropped their price target on shares of Land Securities Group from GBX 760 to GBX 750 and set a “buy” rating on the stock in a research note on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Land Securities Group from GBX 760 to GBX 730 and set a “buy” rating for the company in a report on Friday, November 14th. Finally, Jefferies Financial Group reissued an “underperform” rating and set a GBX 475 target price on shares of Land Securities Group in a report on Monday, November 17th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Land Securities Group has a consensus rating of “Moderate Buy” and an average price target of GBX 644.43.

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.