Great Portland Estates Plc (LON:GPE) Insider Richard Stephen Mully Purchases 14,000 Shares of Stock

Great Portland Estates Plc (LON:GPE - Get Free Report) insider Richard Stephen Mully acquired 14,000 shares of the company's stock in a transaction that occurred on Monday, November 18th. The stock was bought at an average price of GBX 293 ($3.72) per share, with a total value of £41,020 ($52,055.84).

Great Portland Estates Stock Performance

Shares of GPE stock traded down GBX 4.37 ($0.06) during trading on Wednesday, reaching GBX 292.63 ($3.71). 679,600 shares of the company's stock were exchanged, compared to its average volume of 979,084. Great Portland Estates Plc has a twelve month low of GBX 288 ($3.65) and a twelve month high of GBX 441 ($5.60). The stock has a market capitalization of £1.19 billion, a PE ratio of -288.61, a PEG ratio of 2.22 and a beta of 0.80. The firm's fifty day moving average price is GBX 334.97 and its 200-day moving average price is GBX 349.79. The company has a quick ratio of 0.46, a current ratio of 0.26 and a debt-to-equity ratio of 51.52.

Great Portland Estates Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, November 21st will be paid a dividend of GBX 2.90 ($0.04) per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a yield of 0.98%. Great Portland Estates's payout ratio is -1,188.12%.

About Great Portland Estates

We are a FTSE 250 property investment and development company owning £2.5 billion of real estate in central London. We proactively manage our portfolio, flexing our activities in tune with London's property cycle to deliver long-term out-performance. We create in-demand spaces that people want to be part of; helping our occupiers, local communities and the city to thrive.