Insider Buying: Derwent London Plc (LON:DLN) Insider Purchases 2,836 Shares of Stock

Derwent London Plc (LON:DLN) insider Damian Wisniewski bought 2,836 shares of the business’s stock in a transaction on Friday, March 7th. The shares were purchased at an average cost of GBX 1,749 ($22.60) per share, for a total transaction of £49,601.64 ($64,093.09).

Derwent London Trading Up 1.0 %

Shares of LON:DLN opened at GBX 1,783 ($23.04) on Friday. The stock has a market capitalization of £2.00 billion, a PE ratio of -5.53, a P/E/G ratio of 23.10 and a beta of 1.03. Derwent London Plc has a 1 year low of GBX 1,738 ($22.46) and a 1 year high of GBX 2,530 ($32.69). The firm has a fifty day moving average price of GBX 1,908.95 and a 200 day moving average price of GBX 2,119.24. The company has a current ratio of 0.51, a quick ratio of 0.38 and a debt-to-equity ratio of 40.68.

Derwent London (LON:DLN) last released its quarterly earnings results on Thursday, February 27th. The real estate investment trust reported GBX 106.50 ($1.38) earnings per share (EPS) for the quarter. Derwent London had a negative net margin of 129.56% and a negative return on equity of 10.41%. Analysts expect that Derwent London Plc will post 113.7351779 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Shore Capital upgraded shares of Derwent London to a “buy” rating in a report on Wednesday, December 4th.

About Derwent London

Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling.