Insider Buying: Land Securities Group Plc (LON:LAND) Insider Acquires 23 Shares of Stock

Land Securities Group Plc (LON:LAND) insider Vanessa Simms acquired 23 shares of the business’s stock in a transaction that occurred on Friday, October 4th. The stock was bought at an average cost of GBX 642 ($8.40) per share, for a total transaction of £147.66 ($193.25).

Vanessa Simms also recently made the following trade(s):

• On Monday, August 5th, Vanessa Simms purchased 24 shares of Land Securities Group stock. The shares were bought at an average price of GBX 619 ($8.10) per share, for a total transaction of £148.56 ($194.42).

Land Securities Group Price Performance

The company has a 50 day moving average price of GBX 641.07 and a 200 day moving average price of GBX 642.90. The company has a debt-to-equity ratio of 58.63, a quick ratio of 0.54 and a current ratio of 0.42. Land Securities Group Plc has a 52-week low of GBX 554.70 ($7.26) and a 52-week high of GBX 729.40 ($9.55). The company has a market capitalization of £4.70 billion, a price-to-earnings ratio of -1,466.28, a price-to-earnings-growth ratio of 12.39 and a beta of 1.44.

Land Securities Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, October 4th. Investors of record on Thursday, August 22nd were issued a GBX 9.20 ($0.12) dividend. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a yield of 1.42%. Land Securities Group’s dividend payout ratio (DPR) is presently -9,302.33%.

About Land Securities Group

At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.