British Land Company PLC (LON:BLND) Insider Purchases £9,772.20 in Stock

British Land Company PLC (LON:BLND - Get Free Report) insider Mark Aedy purchased 2,745 shares of the company's stock in a transaction on Thursday, January 2nd. The stock was bought at an average cost of GBX 356 ($4.42) per share, for a total transaction of £9,772.20 ($12,139.38).

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

• On Tuesday, October 8th, Mark Aedy bought 2,120 shares of British Land stock. The stock was bought at an average price of GBX 436 ($5.42) per share, with a total value of £9,243.20 ($11,482.24).

British Land Trading Up 0.9 %

LON BLND traded up GBX 3.20 ($0.04) on Friday, reaching GBX 362.40 ($4.50). The company had a trading volume of 13,442,627 shares, compared to its average volume of 7,649,988. The company has a quick ratio of 0.25, a current ratio of 0.59 and a debt-to-equity ratio of 45.09. British Land Company PLC has a 52 week low of GBX 342.30 ($4.25) and a 52 week high of GBX 467.80 ($5.81). The stock has a market cap of £3.62 billion, a price-to-earnings ratio of -335.97, a PEG ratio of 6.76 and a beta of 1.55. The stock's 50 day moving average is GBX 379.43 and its 200-day moving average is GBX 406.18.

British Land Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, December 5th will be given a GBX 12.24 ($0.15) dividend. The ex-dividend date of this dividend is 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 cut their target price on shares of British Land from GBX 500 ($6.21) to GBX 480 ($5.96) and set a "buy" rating for the company in a research report on Wednesday, December 4th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of GBX 448.33 ($5.57).

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.