Shares of Land Securities Group Plc (LON:LAND - Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as GBX 6.40 ($0.08) and last traded at GBX 640 ($8.10), with a volume of 667963 shares traded. The stock had previously closed at GBX 641.50 ($8.12).
Analyst Ratings Changes
Separately, Berenberg Bank began coverage on Land Securities Group in a research report on Wednesday, January 10th. They issued a "buy" rating and a GBX 807 ($10.21) price objective on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of GBX 675.33 ($8.55).
View Our Latest Stock Analysis on Land Securities Group
Land Securities Group Stock Down 0.3 %
The company has a quick ratio of 0.54, a current ratio of 0.49 and a debt-to-equity ratio of 56.72. The company has a fifty day simple moving average of GBX 637.99 and a 200 day simple moving average of GBX 637.47. The firm has a market capitalization of £4.76 billion, a P/E ratio of -779.88, a P/E/G ratio of 12.39 and a beta of 1.45.
Land Securities Group Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, April 12th. Shareholders of record on Thursday, February 22nd will be issued a GBX 9.30 ($0.12) dividend. This represents a yield of 1.42%. This is an increase from Land Securities Group's previous dividend of $9.20. The ex-dividend date is Thursday, February 22nd. Land Securities Group's payout ratio is -4,878.05%.
About Land Securities Group
(
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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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