Insider Buying: Londonmetric Property PLC (LMP) Insider Buys £91,475.96 in Stock

Londonmetric Property PLC (LON:LMP) insider Martin McGann bought 55,106 shares of the business’s stock in a transaction that occurred on Tuesday, September 26th. The shares were bought at an average cost of GBX 166 ($2.20) per share, with a total value of £91,475.96 ($121,336.99).

Martin McGann also recently made the following trade(s):

  • On Thursday, September 28th, Martin McGann sold 215,576 shares of Londonmetric Property PLC stock. The shares were sold at an average price of GBX 164 ($2.18), for a total transaction of £353,544.64 ($468,954.29).
  • On Monday, September 25th, Martin McGann bought 62,500 shares of Londonmetric Property PLC stock. The shares were bought at an average cost of GBX 167 ($2.22) per share, with a total value of £104,375 ($138,446.74).
  • On Wednesday, September 27th, Martin McGann bought 92,764 shares of Londonmetric Property PLC stock. The shares were bought at an average cost of GBX 165 ($2.19) per share, with a total value of £153,060.60 ($203,025.07).
  • On Friday, September 29th, Martin McGann bought 62,500 shares of Londonmetric Property PLC stock. The shares were bought at an average cost of GBX 167 ($2.22) per share, with a total value of £104,375 ($138,446.74).

Londonmetric Property PLC (LON:LMP) opened at 170.30 on Friday. The stock’s market capitalization is GBX 1.17 billion. Londonmetric Property PLC has a 1-year low of GBX 138.30 and a 1-year high of GBX 175.20. The company’s 50-day moving average is GBX 167.16 and its 200 day moving average is GBX 166.43.

The business also recently disclosed a dividend, which will be paid on Friday, October 6th. Shareholders of record on Thursday, August 31st will be given a dividend of GBX 1.85 ($0.02) per share. This represents a yield of 1.1%. The ex-dividend date is Thursday, August 31st.

COPYRIGHT VIOLATION NOTICE: “Insider Buying: Londonmetric Property PLC (LMP) Insider Buys £91,475.96 in Stock” was originally reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this piece on another site, it was copied illegally and republished in violation of United States and international trademark and copyright laws. The correct version of this piece can be viewed at https://www.chaffeybreeze.com/2017/10/06/insider-buying-londonmetric-property-plc-lmp-insider-buys-91475-96-in-stock.html.

Several research firms recently weighed in on LMP. Peel Hunt reaffirmed an “add” rating and set a GBX 180 ($2.39) target price on shares of Londonmetric Property PLC in a research note on Wednesday, August 9th. Liberum Capital reaffirmed a “hold” rating and set a GBX 155 ($2.06) target price on shares of Londonmetric Property PLC in a research note on Monday. Finally, J P Morgan Chase & Co raised their target price on shares of Londonmetric Property PLC from GBX 175 ($2.32) to GBX 195 ($2.59) and gave the company an “overweight” rating in a research note on Tuesday, June 20th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 172.17 ($2.28).

About Londonmetric Property PLC

LondonMetric Property Plc is a property investment and development company. The Company’s segments include Retail, Distribution, Offices, Residential and Development. The Company is involved in retailer-led distribution, out of town and convenience retail. The Company’s portfolio includes distribution and retail businesses across the United Kingdom.

Insider Buying and Selling by Quarter for Londonmetric Property PLC (LON:LMP)

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

Latest News

Leave a Reply