Insider Buying: Land Securities Group Plc (LON:LAND) Insider Acquires 23 Shares of Stock

Land Securities Group Plc (LON:LAND - Get Free Report) insider Vanessa Simms bought 23 shares of the stock in a transaction dated Thursday, April 4th. The shares were bought at an average cost of GBX 636 ($7.98) per share, with a total value of £146.28 ($183.63).

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

• On Monday, March 4th, Vanessa Simms bought 24 shares of Land Securities Group stock. The shares were bought at an average cost of GBX 623 ($7.82) per share, with a total value of £149.52 ($187.70).

Land Securities Group Price Performance

LAND traded down GBX 12 ($0.15) during trading on Friday, reaching GBX 631.50 ($7.93). The stock had a trading volume of 910,476 shares, compared to its average volume of 2,538,962. The firm has a market capitalization of £4.70 billion, a price-to-earnings ratio of -770.12, a price-to-earnings-growth ratio of 12.39 and a beta of 1.45. The company has a quick ratio of 0.54, a current ratio of 0.49 and a debt-to-equity ratio of 56.72. Land Securities Group Plc has a 1-year low of GBX 551.20 ($6.92) and a 1-year high of GBX 729.40 ($9.16). The stock has a 50 day moving average of GBX 639.58 and a two-hundred day moving average of GBX 636.05.

Land Securities Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, April 12th. Shareholders of record on Thursday, February 22nd will be given 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 of this dividend is Thursday, February 22nd. Land Securities Group's dividend payout ratio is -4,878.05%.

Analysts Set New Price Targets

Separately, Berenberg Bank started coverage on Land Securities Group in a research report on Wednesday, January 10th. They set a "buy" rating and a GBX 807 ($10.13) price objective for the company. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of GBX 675.33 ($8.48).

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.