Insider Buying: LSL Property Services plc (LON:LSL) Insider Acquires £38,610.40 in Stock

LSL Property Services plc (LON:LSL) insider Adam Castleton purchased 14,195 shares of LSL Property Services stock in a transaction that occurred on Tuesday, April 1st. The stock was acquired at an average cost of GBX 272 ($3.56) per share, with a total value of £38,610.40 ($50,590.15).

Adam Castleton also recently made the following trade(s):

• On Thursday, January 30th, Adam Castleton acquired 8,725 shares of LSL Property Services stock. The shares were acquired at an average price of GBX 295 ($3.87) per share, for a total transaction of £25,738.75 ($33,724.78).
• On Monday, January 6th, Adam Castleton acquired 53 shares of LSL Property Services stock. The shares were acquired at an average price of GBX 284 ($3.72) per share, with a total value of £150.52 ($197.22).

LSL Property Services Price Performance

Shares of LON LSL opened at GBX 265 ($3.47) on Friday. The stock has a market cap of £272.68 million, a price-to-earnings ratio of 25.61, a PEG ratio of 1.49 and a beta of 1.09. The company has a debt-to-equity ratio of 62.42, a quick ratio of 1.06 and a current ratio of 1.30. LSL Property Services plc has a fifty-two week low of GBX 252 ($3.30) and a fifty-two week high of GBX 355 ($4.65). The firm’s 50-day simple moving average is GBX 277.64 and its 200 day simple moving average is GBX 285.88.

LSL Property Services (LON:LSL) last posted its earnings results on Wednesday, March 26th. The company reported GBX 21.10 ($0.28) earnings per share for the quarter. LSL Property Services had a return on equity of 13.68% and a net margin of 6.74%. As a group, research analysts anticipate that LSL Property Services plc will post 24.137931 earnings per share for the current fiscal year.

LSL Property Services Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 27th. Stockholders of record on Thursday, May 8th will be paid a GBX 7.40 ($0.10) dividend. This is a positive change from LSL Property Services’s previous dividend of $4.00. The ex-dividend date of this dividend is Thursday, May 8th. This represents a dividend yield of 2.79%. LSL Property Services’s dividend payout ratio is presently 106.30%.

About LSL Property Services

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising.