Land Securities Group (LON:LAND) Receives "Hold" Rating from Jefferies Financial Group

Jefferies Financial Group reiterated their hold rating on shares of Land Securities Group (LON:LAND - Free Report) in a research report report published on Tuesday, MarketBeat.com reports. The firm currently has a GBX 550 ($6.98) price target on the stock.

Several other research firms also recently issued reports on LAND. Berenberg Bank reduced their price target on shares of Land Securities Group from GBX 755 ($9.58) to GBX 746 ($9.46) and set a "buy" rating for the company in a research report on Wednesday, December 4th. Shore Capital reiterated a "hold" rating on shares of Land Securities Group in a report on Tuesday.

Land Securities Group Trading Up 0.3 %

Shares of LAND stock traded up GBX 1.50 ($0.02) during trading hours on Tuesday, hitting GBX 572 ($7.26). 2,559,510 shares of the company were exchanged, compared to its average volume of 3,006,292. The company has a debt-to-equity ratio of 58.63, a quick ratio of 0.54 and a current ratio of 0.42. Land Securities Group has a fifty-two week low of GBX 565 ($7.17) and a fifty-two week high of GBX 729.40 ($9.25). The company has a 50 day simple moving average of GBX 610.78 and a two-hundred day simple moving average of GBX 629.79. The firm has a market cap of £4.26 billion, a P/E ratio of -1,333.72, a P/E/G ratio of 12.39 and a beta of 1.44.

Land Securities Group Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Thursday, November 28th will be given a GBX 9.40 ($0.12) dividend. This is an increase from Land Securities Group's previous dividend of $9.20. This represents a yield of 1.62%. The ex-dividend date of this dividend is Thursday, November 28th. Land Securities Group's dividend payout ratio (DPR) is currently -9,302.33%.

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.