David Walker Purchases 43 Shares of British Land Company PLC (LON:BLND) Stock

British Land Company PLC (LON:BLND - Get Free Report) insider David Walker acquired 43 shares of the firm's stock in a transaction on Tuesday, January 14th. The shares were bought at an average cost of GBX 343 ($4.17) per share, for a total transaction of £147.49 ($179.45).

David Walker also recently made the following trade(s):

• On Monday, December 23rd, David Walker acquired 9,547 shares of British Land stock. The shares were purchased at an average price of GBX 355 ($4.32) per share, with a total value of £33,891.85 ($41,235.98).

British Land Price Performance

BLND traded up GBX 3 ($0.04) on Friday, reaching GBX 361 ($4.39). 4,552,747 shares of the company's stock were exchanged, compared to its average volume of 36,342,566. British Land Company PLC has a twelve month low of GBX 337.20 ($4.10) and a twelve month high of GBX 467.80 ($5.69). The stock has a market cap of £3.61 billion, a PE ratio of -335.97, a P/E/G ratio of 6.76 and a beta of 1.55. The company has a debt-to-equity ratio of 45.09, a current ratio of 0.59 and a quick ratio of 0.25. The stock's fifty day moving average price is GBX 367.22 and its 200-day moving average price is GBX 400.46.

British Land Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Thursday, December 5th were given a GBX 12.24 ($0.15) dividend. The ex-dividend date was Thursday, December 5th. This is a positive change from British Land's previous dividend of $10.64. This represents a dividend yield of 3.18%.

Analysts Set New Price Targets

Separately, Berenberg Bank decreased their target price on British Land from GBX 500 ($6.08) to GBX 480 ($5.84) and set a "buy" rating on the stock in a research report on Wednesday, December 4th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of GBX 448.33 ($5.45).

About British Land

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.