Vanessa Simms Buys 22 Shares of Land Securities Group (LON:LAND) Stock

Key Points

• Insider activity: Vanessa Simms purchased 22 Land Securities Group shares at GBX 662 each, worth £145.64. This followed her sale of 77,458 shares for £546,853.48 in July and purchase of 23 shares earlier that month.
• Stock performance: Shares recently traded at GBX 659.50, below their 50-day moving average of GBX 686.67 but above their 200-day average of GBX 635.38. The stock has ranged between GBX 525 and GBX 726 over the past year.
• Analyst view: Land Securities has a “Moderate Buy” consensus rating from analysts, with six Buy, three Hold and one Sell rating. The average price target is GBX 641.33, while individual targets range from GBX 462 to GBX 897.

Land Securities Group Plc (LON:LAND - Get Free Report) insider Vanessa Simms acquired 22 shares of the company's stock in a transaction dated Friday, September 4th. The shares were purchased at an average cost of GBX 662 per share, with a total value of £145.64.

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

• On Tuesday, July 28th, Vanessa Simms sold 77,458 shares of Land Securities Group stock. The stock was sold at an average price of GBX 706, for a total value of £546,853.48.
• On Monday, July 6th, Vanessa Simms acquired 23 shares of Land Securities Group stock. The stock was acquired at an average price of GBX 653 per share, with a total value of £150.19.

Land Securities Group Price Performance

Land Securities Group stock traded down GBX 3 on Tuesday, reaching GBX 659.50. The company's stock had a trading volume of 2,305,823 shares, compared to its average volume of 29,063,428. The business's fifty day moving average price is GBX 686.67 and its 200 day moving average price is GBX 635.38. The company has a debt-to-equity ratio of 68.76, a quick ratio of 0.54 and a current ratio of 1.04. The company has a market cap of £4.91 billion, a price-to-earnings ratio of 14.37, a PEG ratio of 12.39 and a beta of 1.15. Land Securities Group Plc has a twelve month low of GBX 525 and a twelve month high of GBX 726.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Jefferies Financial Group reissued an "underperform" rating and set a GBX 462 price target on shares of Land Securities Group in a research note on Friday, May 15th. UBS Group restated a "buy" rating and set a GBX 705 target price on shares of Land Securities Group in a research report on Monday, May 11th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 730 price objective on shares of Land Securities Group in a report on Friday, May 15th. Finally, Berenberg Bank reiterated a "buy" rating and set a GBX 897 price target on shares of Land Securities Group in a research report on Thursday, May 14th. Six analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of GBX 641.33.

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.

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