Great Portland Estates (LON:GPOR) Rating Reaffirmed
The equities firm has just set a TP of GBX 900 on Great Portland Estates (LON:GPOR) shares. This is 4.65% from the stock price. In analysts report sent to investors on Tuesday morning, Kempen & Co has restated their “Buy” rating on shares of GPOR.
From a total of 20 analysts covering Great Portland Estates PLC (LON:GPOR) stock, 16 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 80% of the ratings are positive. The highest target price is GBX 1130 while the lowest target price is GBX 822. The mean of all analyst targets is GBX 964.7 with a 11.98% above today’s (GBX 859) stock price. Great Portland Estates PLC was the topic of 45 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 7 with “Buy” rating. Deutsche Bank maintained shares with “Buy” rating and GBX 1000 target share price in a report from a November 23. Jefferies maintained GPOR stock in a recent report from November 30 with “Hold” rating. JP Morgan maintained the rating on November 12. JP Morgan has a “Overweight” rating and a GBX 950 price target on shares. Finally, Canaccord Genuity maintained the stock with “Buy” rating in a report issued on a November 18.
Approximately 51,264 shares of stock traded hands. Great Portland Estates PLC (LON:GPOR) has risen 5.15% since May 11, 2015 and is uptrending. It has outperformed by 5.74% the S&P500.
The overall sentiment of institutions has decreased to 1.13 in Q2 2015. Its down 1.00, from 2.13 in 2015Q2. The ratio dropped, as 56 institutions have sold all the shares of Great Portland Estates PLC that they owned while 87 funds have taken shares off the table. 31 funds have purchased shares for the first time while 131 added to their positions. These institutions now hold 115.44 million shares or 11.03% more than the 103.98 million shares they owned in 2015Q2.
The Fund Socratic Fund Management L.P. currently is holding shares equating to 37.29% of its total portfolio in Great Portland Estates PLC representing a total of 150,500 shares. Another fund,Tbp Investments Management Llc, is holding a total of 98,654 shares equating to 7.89% of their holdings. Additionally, Firefly Value Partners Lp has a 1.62 million share stake in Great Portland Estates PLC which represents 7.35% of their total portfolio. The Fund, Hollow Brook Wealth Management Llc, based out of New York, has also built up a stake in the stock, which represents a total of 5.04% of their total portfolio. Finally Grt Capital Partners L.L.C., a fund which is based in the state of Massachusetts reported a total holdings of 571,249 shares.
Insider activity is a very important aspect to track on any stock. Going back to March 20, 2015, shareholders of Great Portland Estates PLC have witnessed 0 buys, and a total of 3 sales equating to a net activity of approximately $506,509 . Groeschel Craig sold 625 shares worth approximately $27,388. Maier Stuart sold 10,045 shares worth approximately $428,121. Baldwin Steve sold 1,200 shares worth approximately $51,000.
Great Portland Estates plc is a United Kingdom property investment and development company. The company has a market cap of 2.94 billion GBP. The Firm holds office, retail and residential properties in central London. It has 4.67 P/E ratio. GPE’s properties have tenants from various industry sectors, such as retailers and leisure, technology, media and telecoms, professional services, banking and finance, corporate and Government.
According to Zacks Investment Research, “Gulfport Energy owns and operates mature oil and gas properties in the Louisiana Gulf Coast area. The company seeks to achieve reserve growth and increased cash flow from operations through low risk development activities on its existing properties and acquiring additional Louisiana Gulf Coast properties with exploitation and exploration potential.” Get a free copy of the Zacks research report on Great Portland Estates PLC (GPOR).