David Walker Acquires 41 Shares of British Land Company PLC (LON:BLND) Stock

British Land Company PLC (LON:BLND) insider David Walker bought 41 shares of British Land stock in a transaction on Friday, February 14th. The shares were acquired at an average price of GBX 373 ($4.69) per share, for a total transaction of £152.93 ($192.44).

David Walker also recently made the following trade(s):

• On Tuesday, January 14th, David Walker bought 43 shares of British Land stock. The shares were acquired at an average price of GBX 343 ($4.32) per share, for a total transaction of £147.49 ($185.59).
• On Monday, December 23rd, David Walker acquired 9,547 shares of British Land stock. The stock was purchased at an average cost of GBX 355 ($4.47) per share, for a total transaction of £33,891.85 ($42,647.35).

British Land Trading Down 0.8 %

Shares of LON:BLND opened at GBX 363.80 ($4.58) on Thursday. British Land Company PLC has a 52 week low of GBX 337.20 ($4.24) and a 52 week high of GBX 467.80 ($5.89). The company’s 50 day moving average is GBX 360.73 and its two-hundred day moving average is GBX 392.89. The company has a current ratio of 0.59, a quick ratio of 0.25 and a debt-to-equity ratio of 44.14. The company has a market cap of £3.63 billion, a PE ratio of 3.95, a P/E/G ratio of 6.76 and a beta of 1.55.

British Land (LON:BLND) last posted its earnings results on Wednesday, November 20th. The company reported GBX 15.30 ($0.19) EPS for the quarter. British Land had a net margin of 171.35% and a return on equity of 18.53%. Equities analysts predict that British Land Company PLC will post 29.375 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their price objective on shares of British Land from GBX 500 ($6.29) to GBX 480 ($6.04) and set a “buy” rating on the stock in a research report on Wednesday, December 4th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, British Land currently has an average rating of “Hold” and an average target price of GBX 448.33 ($5.64).

British Land Company Profile

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.