Great Portland Estates (LON:GPE) Insider Purchases 45 Shares of Stock

Key Points

• Insider Toby Courtauld purchased 45 Great Portland Estates shares at GBX 340 each, worth £153, following similar purchases in June and July.
• Great Portland Estates shares fell 2.1% to GBX 330.60, while the company reported quarterly EPS of GBX 3.90 and revenue of GBX 5,460 million.
• Analyst sentiment is mixed, with four Buy, four Hold, and one Sell rating; the stock has an overall consensus rating of Hold and a GBX 388.22 price target.

Great Portland Estates Plc (LON:GPE - Get Free Report) insider Toby Courtauld purchased 45 shares of the firm's stock in a transaction that occurred on Friday, August 28th. The shares were acquired at an average cost of GBX 340 per share, with a total value of £153.

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

• On Friday, July 31st, Toby Courtauld purchased 42 shares of Great Portland Estates stock. The stock was bought at an average cost of GBX 354 per share, with a total value of £148.68.
• On Tuesday, June 30th, Toby Courtauld acquired 45 shares of Great Portland Estates stock. The stock was bought at an average cost of GBX 334 per share, with a total value of £150.30.

Great Portland Estates Trading Down 2.1%

Shares of GPE stock traded down GBX 7 during trading on Tuesday, hitting GBX 330.60. 4,348,990 shares of the stock traded hands, compared to its average volume of 4,097,280. The firm's fifty day moving average price is GBX 342.71 and its 200-day moving average price is GBX 323.25. The firm has a market capitalization of £1.33 billion, a P/E ratio of 8.68, a price-to-earnings-growth ratio of 2.22 and a beta of 0.91. Great Portland Estates Plc has a 52-week low of GBX 270 and a 52-week high of GBX 377. The company has a debt-to-equity ratio of 41.28, a current ratio of 0.54 and a quick ratio of 0.46.

Great Portland Estates (LON:GPE - Get Free Report) last released its quarterly earnings results on Thursday, June 25th. The company reported GBX 3.90 EPS for the quarter. The business had revenue of GBX 5,460 million during the quarter. Great Portland Estates had a return on equity of 7.41% and a net margin of 131.04%. As a group, research analysts forecast that Great Portland Estates Plc will post 6.1719457 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on the company. Shore Capital Group restated a "buy" rating on shares of Great Portland Estates in a report on Friday, May 8th. UBS Group reissued a "sell" rating and set a GBX 315 price objective on shares of Great Portland Estates in a report on Monday, May 18th. Berenberg Bank reduced their price target on shares of Great Portland Estates from GBX 377 to GBX 360 and set a "hold" rating on the stock in a research report on Monday, June 22nd. Finally, Jefferies Financial Group reiterated a "hold" rating and issued a GBX 334 target price on shares of Great Portland Estates in a research note on Thursday, July 2nd. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Great Portland Estates presently has an average rating of "Hold" and a consensus price target of GBX 388.22.

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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