Insider Activity at LSL Property Services plc: Share Purchase by Adrian Collins
LSL Property Services plc (LON:LSL - Get Free Report) recently saw insider Adrian Collins acquire 20,000 shares of the company on March 27th. This transaction was carried out at an average price of GBX 276 ($3.55) per share, resulting in a total investment of £55,200 ($71,069.91).
LSL Property Services Stock Performance
During trading on Thursday, LSL Property Services shares increased by GBX 6.48 ($0.08), reaching GBX 269.48 ($3.47). The trading volume for the day was 85,124 shares, surpassing the average volume of 77,156. The company's market capitalization is £277.29 million, with a price-to-earnings (P/E) ratio of 26.04 and a price-to-earnings-growth (PEG) ratio of 1.49, alongside a beta of 1.09. Additionally, LSL has a current ratio of 1.30, a quick ratio of 1.06, and a debt-to-equity ratio of 62.42. The 50-day moving average price stands at GBX 278.28, while the 200-day moving average is GBX 288.22. Over the past year, LSL Property Services has recorded a low of GBX 252 ($3.24) and a high of GBX 355 ($4.57).
Dividend Announcement
The company has also declared a dividend to be paid on June 27th. Shareholders on record as of May 8th will receive a dividend of GBX 7.40 ($0.10), reflecting a yield of 2.79%. This represents an increase from the previous dividend of £4.00. The ex-dividend date is set for May 8th, and the current dividend payout ratio for LSL Property Services is 106.30%.
Company Overview
LSL Property Services plc provides various business-to-business services to mortgage intermediaries, estate agency franchisees, and lenders in the United Kingdom. The company operates in three primary segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising.
Investment Outlook
Before considering an investment in LSL Property Services, it's worth noting that while the stock currently holds a Hold rating among analysts. However, several top-rated analysts believe there are better investment opportunities available at this time.
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