Land Securities Group Plc (LON:LAND) Insider Sells £912,322.90 in Stock

Key Points

• Mark Allan, an insider at Land Securities Group Plc, sold 154,631 shares at an average price of GBX 590, totaling approximately £912,322.90.
• The company's stock saw a 1.4% decline, trading at GBX 582.50, while it has a market capitalization of £4.31 billion.
• Land Securities Group reported a negative net margin of 38.71% and an average earnings per share projection of 49.84 for the current fiscal year.

Land Securities Group Plc (LON:LAND - Get Free Report) insider Mark Allan sold 154,631 shares of the business's stock in a transaction on Monday, July 28th. The shares were sold at an average price of GBX 590 ($7.79), for a total value of £912,322.90 ($1,205,182.17).

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

• On Friday, July 4th, Mark Allan bought 25 shares of Land Securities Group stock. The shares were acquired at an average price of GBX 597 ($7.89) per share, with a total value of £149.25 ($197.16).
• On Wednesday, June 4th, Mark Allan bought 24 shares of Land Securities Group stock. The shares were acquired at an average price of GBX 626 ($8.27) per share, with a total value of £150.24 ($198.47).

Land Securities Group Stock Down 0.4%

Shares of Land Securities Group stock traded down GBX 2.50 ($0.03) during midday trading on Friday, hitting GBX 575 ($7.60). The company had a trading volume of 1,690,317 shares, compared to its average volume of 9,686,690. The company has a debt-to-equity ratio of 59.04, a quick ratio of 0.54 and a current ratio of 0.42. The stock has a market capitalization of £4.26 billion, a P/E ratio of -13.33, a P/E/G ratio of 12.39 and a beta of 1.44. The company has a 50 day moving average of GBX 607.56 and a 200 day moving average of GBX 582.22. Land Securities Group Plc has a 52-week low of GBX 490.20 ($6.48) and a 52-week high of GBX 682 ($9.01).

Land Securities Group (LON:LAND - Get Free Report) last posted its quarterly earnings results on Friday, May 16th. The company reported GBX 50.30 ($0.66) 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 predict that Land Securities Group Plc will post 49.8433829 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reiterated a "neutral" rating and issued a GBX 710 ($9.38) price objective on shares of Land Securities Group in a report on Friday, July 11th.

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.