Land Securities Group (LON:LAND) Receives “Hold” Rating from Shore Capital

Shore Capital reissued their hold rating on shares of Land Securities Group (LON:LAND) in a report published on Tuesday, MarketBeat.com reports.

Separately, Berenberg Bank decreased their price target on Land Securities Group from GBX 755 ($9.44) to GBX 746 ($9.32) and set a “buy” rating on the stock in a report on Wednesday, December 4th.

Land Securities Group Trading Down 1.8 %

Shares of LAND stock opened at GBX 565.66 ($7.07) on Tuesday. The company has a market cap of £4.21 billion, a PE ratio of -1,315.49, a price-to-earnings-growth ratio of 12.39 and a beta of 1.44. Land Securities Group has a 1 year low of GBX 556.50 ($6.96) and a 1 year high of GBX 729.40 ($9.12). The stock’s 50 day simple moving average is GBX 606.45 and its two-hundred day simple moving average is GBX 628.08. The company has a debt-to-equity ratio of 58.63, a current ratio of 0.42 and a quick ratio of 0.54.

Land Securities Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Thursday, November 28th will be paid a GBX 9.40 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 1.62%. This is an increase from Land Securities Group’s previous dividend of $9.20. Land Securities Group’s dividend payout ratio (DPR) is presently -9,302.33%.

Land Securities Group Company Profile

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.