Insider Buying: Great Portland Estates Plc (LON:GPE) Insider Purchases 14,000 Shares of Stock

Great Portland Estates Plc (LON:GPE) insider Richard Stephen Mully acquired 14,000 shares of the company’s stock in a transaction on Monday, November 18th. The shares were acquired at an average cost of GBX 293 ($3.72) per share, for a total transaction of £41,020 ($52,055.84).

Great Portland Estates Trading Down 1.5 %

Shares of Great Portland Estates stock opened at GBX 292.50 ($3.71) on Wednesday. Great Portland Estates Plc has a 12-month low of GBX 288 ($3.65) and a 12-month high of GBX 441 ($5.60). The company has a market cap of £1.19 billion, a price-to-earnings ratio of -294.06, a PEG ratio of 2.22 and a beta of 0.80. 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’s 50-day moving average price is GBX 334.97 and its 200-day moving average price is GBX 349.79.

Great Portland Estates Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, January 3rd. Investors of record on Thursday, November 21st will be paid 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 currently -1,188.12%.

About Great Portland Estates

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.