Intu Properties PLC (LON:INTU) declared a dividend on Thursday, July 28th. Stockholders of record on Thursday, October 20th will be given a dividend of GBX 4.60 ($0.06) per share by the real estate investment trust on Tuesday, November 22nd. This represents a dividend yield of 1.55%. The ex-dividend date of this dividend is Thursday, October 20th. The official announcement can be viewed at this link.
Intu Properties PLC (LON:INTU) opened at 291.50 on Friday. The company’s market cap is GBX 3.88 billion. Intu Properties PLC has a 12-month low of GBX 254.70 and a 12-month high of GBX 355.70. The stock has a 50 day moving average of GBX 296.64 and a 200-day moving average of GBX 296.96.
INTU has been the topic of a number of research reports. Deutsche Bank AG restated a “buy” rating and issued a GBX 250 ($3.09) price objective on shares of Intu Properties PLC in a research note on Monday, September 19th. Canaccord Genuity restated a “hold” rating and issued a GBX 280 ($3.47) price objective on shares of Intu Properties PLC in a research note on Thursday, July 28th. Numis Securities Ltd restated a “hold” rating and issued a GBX 291 ($3.60) price objective on shares of Intu Properties PLC in a research note on Thursday, July 28th. HSBC upgraded Intu Properties PLC to a “hold” rating and boosted their price objective for the company from GBX 262 ($3.24) to GBX 296 ($3.66) in a research note on Friday, September 30th. Finally, Goldman Sachs Group Inc. lowered their price objective on Intu Properties PLC from GBX 350 ($4.33) to GBX 314 ($3.89) and set a “neutral” rating on the stock in a research note on Wednesday, June 29th. Ten analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The company has an average rating of “Sell” and a consensus target price of GBX 282.12 ($3.49).
In related news, insider John Whittaker acquired 22,258,276 shares of the stock in a transaction on Wednesday, October 12th. The stock was purchased at an average price of GBX 289 ($3.58) per share, for a total transaction of £64,326,417.64 ($79,611,903.02). Also, insider Fischel,David sold 37,175 shares of the business’s stock in a transaction that occurred on Friday, July 29th. The shares were sold at an average price of GBX 297 ($3.68), for a total value of £110,409.75 ($136,645.73).