Simon Carter Purchases 46 Shares of British Land Company Plc (LON:BLND) Stock

British Land Company Plc (LON:BLNDGet Free Report) insider Simon Carter bought 46 shares of British Land stock in a transaction that occurred on Friday, July 14th. The stock was bought at an average cost of GBX 328 ($4.29) per share, with a total value of £150.88 ($197.28).

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

  • On Thursday, June 22nd, Simon Carter sold 14,133 shares of British Land stock. The stock was sold at an average price of GBX 312 ($4.08), for a total transaction of £44,094.96 ($57,655.54).
  • On Friday, May 26th, Simon Carter purchased 28,302 shares of British Land stock. The shares were acquired at an average cost of GBX 353 ($4.62) per share, for a total transaction of £99,906.06 ($130,630.31).
  • On Wednesday, May 24th, Simon Carter purchased 16,789 shares of British Land stock. The shares were acquired at an average cost of GBX 357 ($4.67) per share, for a total transaction of £59,936.73 ($78,369.16).

British Land Stock Down 2.1 %

Shares of BLND stock opened at GBX 318.90 ($4.17) on Tuesday. The company has a debt-to-equity ratio of 44.53, a quick ratio of 0.25 and a current ratio of 0.27. The firm’s 50-day moving average is GBX 337.72 and its 200-day moving average is GBX 388.27. The stock has a market cap of £2.96 billion, a price-to-earnings ratio of -284.73, a PEG ratio of 6.76 and a beta of 1.43. British Land Company Plc has a 52-week low of GBX 292.70 ($3.83) and a 52-week high of GBX 522.30 ($6.83).

British Land Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, July 28th. Stockholders of record on Thursday, June 22nd will be issued a GBX 11.04 ($0.14) dividend. The ex-dividend date of this dividend is Thursday, June 22nd. This represents a dividend yield of 2.92%. British Land’s payout ratio is -2,053.57%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Shore Capital reissued a “sell” rating on shares of British Land in a research report on Tuesday, July 11th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 505 ($6.60) price target on shares of British Land in a research report on Friday, May 19th. Jefferies Financial Group reissued a “hold” rating and set a GBX 420 ($5.49) price target on shares of British Land in a research report on Tuesday, July 11th. Finally, The Goldman Sachs Group cut shares of British Land to a “sell” rating and set a GBX 370 ($4.84) price target on the stock. in a research report on Wednesday, March 22nd. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of GBX 458.75 ($6.00).

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.

Read More

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

Receive News & Ratings for British Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British Land and related companies with MarketBeat.com's FREE daily email newsletter.