Insider Buying: Land Securities Group (LON:LAND) Insider Purchases £152.26 in Stock

Key Points

• Insider Mark Allan bought 23 Land Securities shares at GBX 662 each, spending £152.26. This follows two large July sales totaling approximately £1.27 million and a smaller July purchase.
• Land Securities shares fell 0.5% to GBX 659.50 in midday trading, with the company valued at approximately £4.91 billion.
• Analysts maintain a “Moderate Buy” consensus, based on six Buy, three Hold and one Sell rating, with an average price target of GBX 641.33.

Land Securities Group Plc (LON:LAND - Get Free Report) insider Mark Allan acquired 23 shares of the business's stock in a transaction on Friday, September 4th. The shares were purchased at an average cost of GBX 662 per share, for a total transaction of £152.26.

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

• On Tuesday, July 28th, Mark Allan sold 53,273 shares of Land Securities Group stock. The shares were sold at an average price of GBX 706, for a total transaction of £376,107.38.
• On Tuesday, July 28th, Mark Allan sold 126,463 shares of Land Securities Group stock. The shares were sold at an average price of GBX 706, for a total transaction of £892,828.78.
• On Monday, July 6th, Mark Allan purchased 23 shares of Land Securities Group stock. The shares were purchased at an average price of GBX 653 per share, for a total transaction of £150.19.

Land Securities Group Stock Down 0.5%

Land Securities Group stock traded down GBX 3 during midday trading on Tuesday, hitting GBX 659.50. 2,305,823 shares of the stock were exchanged, compared to its average volume of 29,063,428. Land Securities Group Plc has a 52-week low of GBX 525 and a 52-week high of GBX 726. The company has a quick ratio of 0.54, a current ratio of 1.04 and a debt-to-equity ratio of 68.76. The business's 50-day moving average price is GBX 686.67 and its 200-day moving average price is GBX 635.38. The stock has a market capitalization of £4.91 billion, a price-to-earnings ratio of 14.37, a price-to-earnings-growth ratio of 12.39 and a beta of 1.15.

Wall Street Analyst Weigh In

LAND has been the topic of several research analyst reports. UBS Group reaffirmed a "buy" rating and issued a GBX 705 price objective on shares of Land Securities Group in a research report on Monday, May 11th. Berenberg Bank reissued a "buy" rating and set a GBX 897 target price on shares of Land Securities Group in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 730 price target on shares of Land Securities Group in a report on Friday, May 15th. Finally, Jefferies Financial Group reaffirmed an "underperform" rating and issued a GBX 462 price target on shares of Land Securities Group in a research note on Friday, May 15th. Six research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 641.33.

Land Securities Group Company Profile

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.

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