Insider Buying: Great Portland Estates Plc (LON:GPE) Insider Buys 53 Shares of Stock

Great Portland Estates Plc (LON:GPE - Get Free Report) insider Dan Nicholson bought 53 shares of the firm's stock in a transaction that occurred on Friday, January 31st. The shares were purchased at an average cost of GBX 282 ($3.53) per share, with a total value of £149.46 ($186.85).

Dan Nicholson also recently made the following trade(s):

• On Tuesday, December 31st, Dan Nicholson purchased 53 shares of Great Portland Estates stock. The shares were bought at an average price of GBX 287 ($3.59) per share, with a total value of £152.11 ($190.16).

Great Portland Estates Stock Performance

Shares of LON GPE remained flat at GBX 287.50 ($3.59) during mid-day trading on Thursday. The stock had a trading volume of 696,200 shares, compared to its average volume of 1,260,326. The stock's 50-day moving average is GBX 285.97 and its 200-day moving average is GBX 318.98. The firm has a market capitalization of £1.17 billion, a price-to-earnings ratio of -284.65, a price-to-earnings-growth ratio of 2.22 and a beta of 0.80. Great Portland Estates Plc has a fifty-two week low of GBX 263 ($3.29) and a fifty-two week high of GBX 441 ($5.51). The company has a debt-to-equity ratio of 51.52, a current ratio of 0.26 and a quick ratio of 0.46.

Great Portland Estates (LON:GPE - Get Free Report) last issued its quarterly earnings results on Thursday, November 14th. The company reported GBX 2.30 ($0.03) earnings per share (EPS) for the quarter. Great Portland Estates had a negative net margin of 292.59% and a negative return on equity of 17.58%. As a group, equities analysts predict that Great Portland Estates Plc will post 6.1719457 earnings per share for the current fiscal year.

Great Portland Estates Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Thursday, November 21st were issued a GBX 2.90 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a yield of 0.98%. Great Portland Estates's dividend payout ratio (DPR) is -1,188.12%.

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a "hold" rating and issued a GBX 382 ($4.78) price objective on shares of Great Portland Estates in a report on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of GBX 405.50 ($5.07).

About Great Portland Estates

GPE is a FTSE 250 real estate investor and developer. GPE aims to deliver superior returns by unlocking the often hidden potential in commercial real estate in central London, creating high quality sustainable spaces for its customers and long-term value for its stakeholders.