Jefferies Financial Group restated their hold rating on shares of Great Portland Estates (LON:GPE – Free Report) in a research report report published on Thursday, Marketbeat.com reports. The firm currently has a GBX 300 ($3.82) price target on the stock.
Other equities analysts have also issued reports about the stock. Numis Securities reiterated an add rating and set a GBX 500 ($6.37) target price on shares of Great Portland Estates in a research report on Thursday, April 11th. Shore Capital reiterated a hold rating on shares of Great Portland Estates in a research report on Thursday, April 11th.
Check Out Our Latest Analysis on Great Portland Estates
Great Portland Estates Price Performance
Great Portland Estates Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, July 8th. Investors of record on Thursday, May 30th will be issued a GBX 7.90 ($0.10) dividend. This is a positive change from Great Portland Estates’s previous dividend of $4.70. This represents a yield of 1.87%. The ex-dividend date is Thursday, May 30th. Great Portland Estates’s dividend payout ratio is currently -1,238.10%.
Insider Activity at Great Portland Estates
In other Great Portland Estates news, insider Mark Anderson acquired 4,900 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The shares were acquired at an average cost of GBX 349 ($4.44) per share, for a total transaction of £17,101 ($21,776.39). In other news, insider Mark Anderson bought 4,900 shares of the business’s stock in a transaction on Monday, June 3rd. The shares were bought at an average cost of GBX 349 ($4.44) per share, for a total transaction of £17,101 ($21,776.39). Also, insider Nick Sanderson sold 4,266 shares of the stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of GBX 354 ($4.51), for a total transaction of £15,101.64 ($19,230.41). Insiders have acquired 4,980 shares of company stock worth $1,740,260 over the last ninety days. Company insiders own 1.65% of the company’s stock.
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.
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