Land Securities Group Plc (LON:LAND - Get Free Report)'s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 555.50 ($6.93) and last traded at GBX 564.50 ($7.04), with a volume of 9608380 shares trading hands. The stock had previously closed at GBX 572.50 ($7.14).
A number of research analysts recently issued reports on the stock. Berenberg Bank dropped their price objective on shares of Land Securities Group from GBX 755 ($9.42) to GBX 746 ($9.31) and set a "buy" rating for the company in a report on Wednesday, December 4th. Jefferies Financial Group reiterated a "hold" rating and set a GBX 550 ($6.86) price target on shares of Land Securities Group in a report on Tuesday, December 17th. Finally, Shore Capital restated a "hold" rating on shares of Land Securities Group in a report on Tuesday, December 17th.
View Our Latest Stock Report on LAND
The company has a debt-to-equity ratio of 58.63, a quick ratio of 0.54 and a current ratio of 0.42. The stock's 50 day moving average price is GBX 591.10 and its 200 day moving average price is GBX 621.37. The company has a market capitalization of £4.16 billion, a P/E ratio of -1,299.19, a price-to-earnings-growth ratio of 12.39 and a beta of 1.44.
The firm also recently disclosed a dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Thursday, November 28th will be given a GBX 9.40 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This is a positive change from Land Securities Group's previous dividend of $9.20. This represents a dividend yield of 1.62%. Land Securities Group's dividend payout ratio (DPR) is -9,302.33%.
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.
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