Londonmetric Property PLC (LON:LMP) insider Martin McGann sold 215,576 shares of the business’s stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of GBX 164 ($2.18), for a total transaction of £353,544.64 ($468,954.29).

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

  • On Monday, September 25th, Martin McGann acquired 62,500 shares of Londonmetric Property PLC stock. The shares were acquired at an average price of GBX 167 ($2.22) per share, with a total value of £104,375 ($138,446.74).
  • On Tuesday, September 26th, Martin McGann acquired 55,106 shares of Londonmetric Property PLC stock. The shares were acquired at an average price of GBX 166 ($2.20) per share, with a total value of £91,475.96 ($121,336.99).
  • On Wednesday, September 27th, Martin McGann acquired 92,764 shares of Londonmetric Property PLC stock. The shares were acquired at an average price of GBX 165 ($2.19) per share, with a total value of £153,060.60 ($203,025.07).
  • On Friday, September 29th, Martin McGann acquired 62,500 shares of Londonmetric Property PLC stock. The shares were acquired at an average price of GBX 167 ($2.22) per share, with a total value of £104,375 ($138,446.74).

Shares of Londonmetric Property PLC (LMP) opened at 167.00 on Thursday. The firm’s 50-day moving average is GBX 167.25 and its 200 day moving average is GBX 166.40. Londonmetric Property PLC has a 1-year low of GBX 138.30 and a 1-year high of GBX 175.20. The stock’s market capitalization is GBX 1.15 billion.

The firm also recently disclosed a dividend, which will be paid on Friday, October 6th. Investors 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.

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Several research firms have issued reports on LMP. Peel Hunt reiterated an “add” rating and set a GBX 180 ($2.39) price objective on shares of Londonmetric Property PLC in a research note on Monday. Liberum Capital reiterated a “hold” rating and set a GBX 155 ($2.06) price objective on shares of Londonmetric Property PLC in a research note on Monday. Finally, J P Morgan Chase & Co boosted their price objective on shares of Londonmetric Property PLC from GBX 175 ($2.32) to GBX 195 ($2.59) and gave the stock an “overweight” rating in a research note on Tuesday, June 20th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target 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)

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