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

Key Points

• Nick Sanderson, an insider at Great Portland Estates Plc, recently purchased 44 shares at an average price of GBX 339 ($4.48) as part of ongoing stock acquisitions.
• The company's stock has declined 3.2%, with shares opening at GBX 328.50 ($4.34) and a market capitalization of £1.32 billion.
• Analysts maintain a buy rating for Great Portland Estates, with Peel Hunt setting a target price of GBX 375 ($4.95) for the stock.

Great Portland Estates Plc (LON:GPE - Get Free Report) insider Nick Sanderson bought 44 shares of the company's stock in a transaction that occurred on Thursday, July 31st. The shares were bought at an average cost of GBX 339 ($4.51) per share, for a total transaction of £149.16 ($198.25).

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

• On Monday, June 30th, Nick Sanderson acquired 41 shares of Great Portland Estates stock. The shares were bought at an average cost of GBX 364 ($4.84) per share, for a total transaction of £149.24 ($198.35).
• On Friday, May 30th, Nick Sanderson acquired 45 shares of Great Portland Estates stock. The stock was acquired at an average cost of GBX 337 ($4.48) per share, with a total value of £151.65 ($201.56).
• 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 ($4.35), for a total value of £41,643.45 ($55,347.49).

Great Portland Estates Stock Down 0.3%

GPE traded down GBX 1 ($0.01) during trading on Tuesday, reaching GBX 332 ($4.41). 397,353 shares of the stock traded hands, compared to its average volume of 1,932,359. Great Portland Estates Plc has a fifty-two week low of GBX 260 ($3.46) and a fifty-two week high of GBX 371.50 ($4.94). The stock has a market cap of £1.33 billion, a price-to-earnings ratio of 3.31, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80. The company has a debt-to-equity ratio of 51.52, a current ratio of 0.26 and a quick ratio of 0.46. The stock's 50-day simple moving average is GBX 343.32 and its two-hundred day simple moving average is GBX 311.74.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Shore Capital reissued a "buy" rating on shares of Great Portland Estates in a research note on Thursday, July 3rd. Peel Hunt reaffirmed 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.

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.