Toby Courtauld Acquires 21 Shares of Great Portland Estates PLC (GPOR) Stock

Great Portland Estates PLC (LON:GPOR) insider Toby Courtauld acquired 21 shares of the company’s stock in a transaction that occurred on Tuesday, July 31st. The stock was purchased at an average cost of GBX 714 ($9.38) per share, with a total value of £149.94 ($197.00).

Toby Courtauld also recently made the following trade(s):

  • On Thursday, June 21st, Toby Courtauld sold 8,992 shares of Great Portland Estates stock. The shares were sold at an average price of GBX 713 ($9.37), for a total transaction of £64,112.96 ($84,237.24).
  • On Thursday, May 31st, Toby Courtauld bought 22 shares of Great Portland Estates stock. The stock was bought at an average cost of GBX 692 ($9.09) per share, for a total transaction of £152.24 ($200.03).

Shares of GPOR opened at GBX 712.60 ($9.36) on Friday. Great Portland Estates PLC has a 1 year low of GBX 582 ($7.65) and a 1 year high of GBX 702 ($9.22).

Great Portland Estates (LON:GPOR) last issued its quarterly earnings results on Wednesday, May 23rd. The company reported GBX 20.40 ($0.27) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 19.70 ($0.26) by GBX 0.70 ($0.01). Great Portland Estates had a negative net margin of 118.76% and a negative return on equity of 5.49%.

The firm also recently declared a dividend, which was paid on Monday, July 9th. Stockholders of record on Thursday, May 31st were given a dividend of GBX 7.30 ($0.10) per share. This represents a dividend yield of 1.11%. The ex-dividend date of this dividend was Thursday, May 31st. This is a boost from Great Portland Estates’s previous dividend of $6.40.

GPOR has been the topic of a number of recent analyst reports. Liberum Capital reaffirmed a “hold” rating on shares of Great Portland Estates in a research report on Thursday, July 5th. Deutsche Bank upped their target price on shares of Great Portland Estates from GBX 685 ($9.00) to GBX 720 ($9.46) and gave the company a “hold” rating in a research report on Tuesday, May 29th. Deutsche Bank upped their target price on shares of Great Portland Estates from GBX 685 ($9.00) to GBX 720 ($9.46) and gave the company a “hold” rating in a research report on Tuesday, May 29th. Numis Securities cut shares of Great Portland Estates to a “hold” rating and upped their target price for the company from GBX 725 ($9.53) to GBX 743 ($9.76) in a research report on Wednesday, May 23rd. Finally, Peel Hunt reaffirmed a “hold” rating on shares of Great Portland Estates in a research report on Wednesday, May 23rd. Five equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 670.21 ($8.81).

Great Portland Estates Company Profile

We are a FTSE 250 property investment and development company owning £2.8 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.

Further Reading: Investing in Growth Stocks

Insider Buying and Selling by Quarter for Great Portland Estates (LON:GPOR)

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