Hammerson Plc (LON:HMSO) Insider Sells £106,376.51 in Stock

Hammerson Plc (LON:HMSO) insider Himanshu Raja sold 44,509 shares of the company’s stock in a transaction on Friday, April 4th. The shares were sold at an average price of GBX 239 ($3.04), for a total value of £106,376.51 ($135,407.98).

Hammerson Trading Up 4.9 %

Shares of LON HMSO traded up GBX 10.80 ($0.14) during mid-day trading on Tuesday, reaching GBX 231.20 ($2.94). 1,228,181 shares of the company’s stock were exchanged, compared to its average volume of 2,191,455. The firm has a market capitalization of £1.13 billion, a price-to-earnings ratio of -42.17, a PEG ratio of 1.68 and a beta of 2.30. The company has a debt-to-equity ratio of 80.77, a quick ratio of 1.28 and a current ratio of 10.65. The company’s 50-day moving average is GBX 267.93 and its 200-day moving average is GBX 269.70. Hammerson Plc has a 52-week low of GBX 219.20 ($2.79) and a 52-week high of GBX 325 ($4.14).

Hammerson (LON:HMSO) last posted its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported GBX 19.90 ($0.25) earnings per share for the quarter. Hammerson had a negative return on equity of 25.94% and a negative net margin of 346.30%. Analysts expect that Hammerson Plc will post 20.7491639 EPS for the current fiscal year.

Hammerson Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Thursday, April 24th will be given a dividend of GBX 8.07 ($0.10) per share. The ex-dividend date is Thursday, April 24th. This is a positive change from Hammerson’s previous dividend of $0.76. This represents a dividend yield of 3.2%. Hammerson’s dividend payout ratio (DPR) is -273.62%.

About Hammerson

Hammerson is a cities business. An owner, operator and developer of prime urban real estate, with a portfolio value of £4.7billion (as at 30 June 2023), in some of the fastest growing cities in the UK, Ireland and France. Our portfolio and adjacent lands leverage our experience and capabilities to create and manage exceptional city centre destinations with the opportunity to drive value and reshape entire neighbourhoods.