Insider Buying: Great Portland Estates Plc (LON:GPE) Insider Acquires 50 Shares of Stock

Posted by Hayley Millar on Dec 6th, 2024

Great Portland Estates Plc (LON:GPE – Get Free Report) insider Nick Sanderson acquired 50 shares of the business’s stock in a transaction dated Friday, November 29th. The stock was acquired at an average price of GBX 300 ($3.83) per share, for a total transaction of £150 ($191.40).

Nick Sanderson also recently made the following trade(s):

On Thursday, October 31st, Nick Sanderson purchased 47 shares of Great Portland Estates stock. The shares were purchased at an average price of GBX 316 ($4.03) per share, for a total transaction of £148.52 ($189.51).
On Monday, September 9th, Nick Sanderson sold 7,288 shares of Great Portland Estates stock. The shares were sold at an average price of GBX 348 ($4.44), for a total transaction of £25,362.24 ($32,362.18).

Great Portland Estates Stock Performance

LON:GPE opened at GBX 301 ($3.84) on Friday. The company’s 50-day moving average price is GBX 319.44 and its 200-day moving average price is GBX 340.85. The company has a current ratio of 0.26, a quick ratio of 0.46 and a debt-to-equity ratio of 51.52. The company has a market cap of £1.22 billion, a P/E ratio of -298.02, a P/E/G ratio of 2.22 and a beta of 0.80. Great Portland Estates Plc has a twelve month low of GBX 288 ($3.67) and a twelve month high of GBX 441 ($5.63).

Great Portland Estates Cuts Dividend

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

About Great Portland Estates

(Get Free Report)

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.