Great Portland Estates Plc (LON:GPE) Insider Nick Sanderson Buys 44 Shares

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 firm's stock in a transaction on Thursday, July 31st. The stock was acquired at an average price of GBX 339 ($4.48) per share, for a total transaction of £149.16 ($197.04).

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

• On Monday, June 30th, Nick Sanderson bought 41 shares of Great Portland Estates stock. The stock was acquired at an average price of GBX 364 ($4.81) per share, for a total transaction of £149.24 ($197.15).
• On Friday, May 30th, Nick Sanderson acquired 45 shares of Great Portland Estates stock. The shares were bought at an average price of GBX 337 ($4.45) per share, with a total value of £151.65 ($200.33).
• On Tuesday, May 27th, Nick Sanderson sold 12,735 shares of Great Portland Estates stock. The stock was sold at an average price of GBX 327 ($4.32), for a total value of £41,643.45 ($55,011.16).

Great Portland Estates Stock Down 3.2%

Shares of LON GPE opened at GBX 328.50 ($4.34) on Friday. The firm has a market cap of £1.32 billion, a price-to-earnings ratio of 3.27, a PEG ratio of 2.22 and a beta of 0.80. The company has a quick ratio of 0.46, a current ratio of 0.26 and a debt-to-equity ratio of 51.52. Great Portland Estates Plc has a 52-week low of GBX 260 ($3.43) and a 52-week high of GBX 371.50 ($4.91). The business's 50 day moving average is GBX 342.87 and its two-hundred day moving average is GBX 310.49.

Great Portland Estates (LON:GPE - Get Free Report) last posted its quarterly earnings data 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%. Research analysts predict that Great Portland Estates Plc will post 6.1719457 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Shore Capital reissued a "buy" rating on shares of Great Portland Estates in a research report on Thursday, July 3rd. Peel Hunt restated a "buy" rating and issued a GBX 375 ($4.95) target price on shares of Great Portland Estates in a research note 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.

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