Simon Carter Acquires 45 Shares of British Land Company PLC (LON:BLND) Stock

British Land Company PLC (LON:BLNDGet Free Report) insider Simon Carter bought 45 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The shares were acquired at an average cost of GBX 328 ($4.03) per share, with a total value of £147.60 ($181.26).

Simon Carter also recently made the following trade(s):

  • On Monday, October 16th, Simon Carter bought 48 shares of British Land stock. The shares were acquired at an average cost of GBX 312 ($3.83) per share, with a total value of £149.76 ($183.91).
  • On Thursday, September 14th, Simon Carter bought 48 shares of British Land stock. The shares were acquired at an average cost of GBX 316 ($3.88) per share, with a total value of £151.68 ($186.27).

British Land Stock Up 4.5 %

LON BLND opened at GBX 367.20 ($4.51) on Friday. The stock has a market cap of £3.40 billion, a PE ratio of -327.86, a P/E/G ratio of 6.76 and a beta of 1.47. British Land Company PLC has a fifty-two week low of GBX 287.30 ($3.53) and a fifty-two week high of GBX 522.30 ($6.41). The business has a 50 day moving average price of GBX 314.59 and a two-hundred day moving average price of GBX 328.28. The company has a quick ratio of 0.25, a current ratio of 0.27 and a debt-to-equity ratio of 44.53.

British Land Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, January 5th. Shareholders of record on Thursday, November 23rd will be issued a GBX 12.16 ($0.15) dividend. This represents a yield of 3.88%. The ex-dividend date of this dividend is Thursday, November 23rd. This is a boost from British Land’s previous dividend of $11.04. British Land’s dividend payout ratio is currently -2,053.57%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Shore Capital reissued a “hold” rating on shares of British Land in a research report on Monday, November 13th. Peel Hunt reissued a “buy” rating and set a GBX 405 ($4.97) target price on shares of British Land in a research report on Tuesday, September 26th. Finally, Jefferies Financial Group cut British Land to an “underperform” rating and set a GBX 250 ($3.07) price target for the company. in a report on Wednesday, September 27th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of GBX 382.50 ($4.70).

Check Out Our Latest Report on British Land

British Land Company Profile

(Get Free Report)

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.

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Insider Buying and Selling by Quarter for British Land (LON:BLND)

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