Karen Green Buys 5,939 Shares of Great Portland Estates Plc (LON:GPE) Stock

Great Portland Estates Plc (LON:GPE) insider Karen Green acquired 5,939 shares of the stock in a transaction that occurred on Friday, June 28th. The stock was purchased at an average price of GBX 335 ($4.25) per share, for a total transaction of £19,895.65 ($25,238.68).

Great Portland Estates Trading Up 0.4 %

Shares of Great Portland Estates stock opened at GBX 335.50 ($4.26) on Friday. The stock has a market cap of £1.36 billion, a P/E ratio of -319.52, a P/E/G ratio of 2.22 and a beta of 0.78. The stock’s 50 day simple moving average is GBX 375.89 and its 200-day simple moving average is GBX 387.38. Great Portland Estates Plc has a 1-year low of GBX 328.50 ($4.17) and a 1-year high of GBX 457.40 ($5.80). The company has a debt-to-equity ratio of 51.52, a current ratio of 0.26 and a quick ratio of 0.46.

Great Portland Estates Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, July 8th. Stockholders of record on Thursday, May 30th will be issued a dividend of GBX 7.90 ($0.10) per share. This is a boost from Great Portland Estates’s previous dividend of $4.70. This represents a dividend yield of 1.87%. The ex-dividend date of this dividend is Thursday, May 30th. Great Portland Estates’s payout ratio is currently -1,238.10%.

Wall Street Analysts Forecast Growth

GPE has been the topic of several research analyst reports. Numis Securities reiterated an “add” rating and issued a GBX 500 ($6.34) price objective on shares of Great Portland Estates in a report on Thursday, April 11th. Shore Capital reiterated a “hold” rating on shares of Great Portland Estates in a report on Thursday, April 11th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 300 ($3.81) price objective on shares of Great Portland Estates in a report on Thursday, June 13th.

Great Portland Estates Company Profile

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.