Insider Selling: Land Securities Group Plc (LON:LAND) Insider Sells 86,205 Shares of Stock

Key Points

• Vanessa Simms, an insider at Land Securities Group Plc, sold 86,205 shares at an average price of GBX 586, amounting to £505,161.30 on July 29.
• The company has a market capitalization of £4.33 billion and reported a negative return on equity of 4.88% for the last quarter.
• JPMorgan Chase & Co. reaffirmed a "neutral" rating for Land Securities Group and set a price target of GBX 710 in a recent research note.

Land Securities Group Plc (LON:LAND - Get Free Report) insider Vanessa Simms sold 86,205 shares of the stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of GBX 586 ($7.78), for a total transaction of £505,161.30 ($670,508.76).

Vanessa Simms also recently made the following trade(s):

• On Friday, July 4th, Vanessa Simms acquired 25 shares of Land Securities Group stock. The stock was acquired at an average price of GBX 597 ($7.92) per share, with a total value of £149.25 ($198.10).
• On Wednesday, June 4th, Vanessa Simms bought 24 shares of Land Securities Group stock. The stock was bought at an average price of GBX 626 ($8.31) per share, for a total transaction of £150.24 ($199.42).

Land Securities Group Price Performance

Shares of LON LAND traded down GBX 4 ($0.05) during mid-day trading on Friday, hitting GBX 573.50 ($7.61). 1,401,739 shares of the company's stock traded hands, compared to its average volume of 9,684,740. The company has a market capitalization of £4.25 billion, a P/E ratio of -13.30, a PEG ratio of 12.39 and a beta of 1.44. Land Securities Group Plc has a 1 year low of GBX 490.20 ($6.51) and a 1 year high of GBX 682 ($9.05). The company's 50-day moving average is GBX 606.97 and its two-hundred day moving average is GBX 582.50. The company has a debt-to-equity ratio of 59.04, a current ratio of 0.42 and a quick ratio of 0.54.

Land Securities Group (LON:LAND - Get Free Report) last released its earnings results on Friday, May 16th. The company reported GBX 50.30 ($0.67) earnings per share for the quarter. Land Securities Group had a negative return on equity of 4.88% and a negative net margin of 38.71%. On average, equities analysts anticipate that Land Securities Group Plc will post 49.8433829 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reissued a "neutral" rating and set a GBX 710 ($9.42) price target on shares of Land Securities Group in a research note on Friday, July 11th.

About Land Securities Group

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.