Insider Buying: Great Portland Estates Plc (LON:GPE) Insider Buys 44 Shares of Stock

Key Points

• Insider Toby Courtauld purchased 44 shares of Great Portland Estates at £149.16, indicating potential confidence in the company's future performance.
• Great Portland Estates stock has seen a 3.2% decline recently, with a current trading price of GBX 328.50 ($4.34) and P/E ratio of 3.27.
• Analysts have maintained a "buy" rating for GPE, with recent target prices set around GBX 375 ($4.95) by firms like Peel Hunt and Shore Capital.

Great Portland Estates Plc (LON:GPE - Get Free Report) insider Toby Courtauld purchased 44 shares of Great Portland Estates stock in a transaction that occurred on Thursday, July 31st. The shares were bought at an average price of GBX 339 ($4.48) per share, for a total transaction of £149.16 ($197.04).

Toby Courtauld also recently made the following trade(s):

• On Monday, June 30th, Toby Courtauld acquired 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, Toby Courtauld acquired 44 shares of Great Portland Estates stock. The stock was acquired at an average price of GBX 337 ($4.45) per share, for a total transaction of £148.28 ($195.88).
• On Tuesday, May 27th, Toby Courtauld sold 18,510 shares of Great Portland Estates stock. The stock was sold at an average price of GBX 327 ($4.32), for a total value of £60,527.70 ($79,957.33).

Great Portland Estates Stock Down 3.2%

GPE stock opened at GBX 328.50 ($4.34) on Friday. The business has a fifty day moving average price of GBX 342.87 and a 200-day moving average price of GBX 310.49. The stock has a market capitalization of £1.32 billion, a P/E ratio of 3.27, a P/E/G ratio of 2.22 and a beta of 0.80. Great Portland Estates Plc has a 1-year low of GBX 260 ($3.43) and a 1-year high of GBX 371.50 ($4.91). The company has a debt-to-equity ratio of 51.52, a current ratio of 0.26 and a quick ratio of 0.46.

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

Analyst Upgrades and Downgrades

GPE has been the subject of a number of research analyst reports. 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. Shore Capital reiterated a "buy" rating 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.