Dan Nicholson Acquires 53 Shares of Great Portland Estates Plc (LON:GPE) Stock

Great Portland Estates Plc (LON:GPE) insider Dan Nicholson acquired 53 shares of the business’s stock in a transaction dated Tuesday, December 31st. The stock was purchased at an average price of GBX 287 ($3.55) per share, for a total transaction of £152.11 ($188.28).

Great Portland Estates Trading Up 0.3 %

Shares of GPE opened at GBX 289 ($3.58) on Friday. Great Portland Estates Plc has a 12 month low of GBX 283.50 ($3.51) and a 12 month high of GBX 441 ($5.46). The stock’s 50-day moving average is GBX 300.65 and its two-hundred day moving average is GBX 329.98. The company has a debt-to-equity ratio of 51.52, a current ratio of 0.26 and a quick ratio of 0.46. The stock has a market cap of £1.17 billion, a PE ratio of -286.14, a P/E/G ratio of 2.22 and a beta of 0.80.

Great Portland Estates Cuts Dividend

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

Analyst Ratings Changes

Separately, Berenberg Bank restated a “hold” rating and issued a GBX 382 ($4.73) price target on shares of Great Portland Estates in a report on Thursday, December 19th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Great Portland Estates has an average rating of “Moderate Buy” and an average price target of GBX 405.50 ($5.02).

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.