British Land Company Plc (LON:BLND) Insider buys £80,277.12 in stock
British Land Company Plc (LON:BLND – Get a rating) insider Bhavesh Mistry bought 15,204 shares of the company in a trade that took place on Friday, May 27. The shares were acquired at an average cost of 528 GBX ($6.64) per share, for a total transaction of £80,277.12 ($101,015.63).
Bhavesh Mistry also recently completed the following trade(s):
- On Monday, March 28, Bhavesh Mistry sold 1,893 shares of British Land. The shares were sold at an average price of 535 GBX ($6.73), for a total transaction of £10,127.55 ($12,743.87).
Shares of British Land rose 3.60 GBX ($0.05) during midday trading on Monday, hitting 529.80 GBX ($6.67). 908,364 shares of the company were traded, against an average volume of 1,992,812. The company has a debt ratio of 42.23, a quick ratio of 0.23 and a current ratio of 0.31. British Land Company Plc has a 12-month low of 441.70 GBX ($5.56) and a 12-month high of 563.80 GBX ($7.09). The company has a 50-day moving average of 515.80 GBX and a two-hundred-day moving average of 523.31 GBX. The company has a market capitalization of £4.91 billion and a PE ratio of 5.12.
The company also recently declared a dividend, which will be paid on Friday, July 29. Shareholders of record on Thursday, June 23 will receive a dividend of 11.60 GBX ($0.15). This is a boost from British Land’s previous dividend of $10.32. This represents a dividend yield of 2.29%. The ex-date of this dividend is Thursday, June 23. British Land’s dividend payout ratio (DPR) is currently 0.15%.
BLND has been the subject of several recent analyst reports. JPMorgan Chase & Co. reissued an “overweight” rating and published a target price of 650 GBX ($8.18) on British Land shares in a research note on Wednesday April 13. Morgan Stanley reissued an “overweight” rating on British Land shares in a Wednesday May 11 research note. Royal Bank of Canada reaffirmed an “industry performance” rating and issued a price target of 475 GBX ($5.98) on British Land shares in a research note on Friday, May 13. Finally, Barclays reaffirmed an “underweight” rating and issued a GBX 500 ($6.29) price target on British Land shares in a research note on Friday. One research analyst has assigned the stock a sell rating, four have issued a hold rating and three have assigned the company a buy rating. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of 542.50 GBX ($6.83).
UK Land Society Profile (Get a rating)
Our portfolio of high quality UK commercial properties focuses on offices and retail in London across the UK. We own or manage a portfolio valued at £13.7 billion (British Land’s share: £10.3 billion) as at 30 September 2020, making us one of the largest real estate investment companies listed in Europe. Our strategy is to provide places that meet the needs of our customers and respond to changing lifestyles – Places People Prefer.
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