Hammers
HMSO: 546.50 -5.25 (▼0.95%)
| Bid Price | 546.50 | High Price | 550.50 |
|---|---|---|---|
| Ask Price | 547.00 | Low Price | 542.50 |
| Open Price | 550.00 | Spread | 0.09% |
| Prev Close | 552.00 | Volume | 1,032,084.00 |
Hammers Share Price Chart
Intraday
Historic – 1 year
Hammers Share Price Information
| Name | Hammers | Epic | HMSO |
|---|---|---|---|
| Sector | Real Estate Investment Trusts | ISIN | GB0004065016 |
| Activites | Hammerson plc is a leading European property company, with operations in the UK, France and Germany. The group invests in and develops shopping centres, retail parks and prime offices. Its high quality portfolio of over 1,100,000 m² of retail space and 200,000 m² of prime offices, is valued at over £4.6 billion. | Security Type | Equity |
Key numbers
| Latest Share Price (p) | 546.75 | Net Gearing (%) | 37.24 |
|---|---|---|---|
| Market Cap (£m) | 4,330.81 | Gross Gearing (%) | 37.65 |
| Shares in issue (m) | 793.19 | Debt Ratio | 35.96 |
| P/E Ratio | 5.88 | Debt-to-Equity Ratio | 0.93 |
| Divs per share (p) | 22.30 | Assets / Equity Ratio | 1.60 |
| Dividend Yield (%) | 4.19 | Price to book value | 0.78 |
| Dividend Cover | 1.10 | SROCE (%) | 8.39 |
| Earning per share (p) | 92.80 | EPS Growth (%) | -3.03 |
| 52-week high / low (p) | 619.00 / 400.00 | DPS Growth (%) | 9.31 |
Hammers Broker Views
| Date | Broker | Rec. | Price | Old target price | New target price | Notes |
|---|---|---|---|---|---|---|
| 02 Dec | Barclays Capital | Equal weight | 546.50 | 590.00 | 590.00 | Reiterates |
| 01 Dec | Exane BNP Paribas | Neutral | 546.50 | 600.00 | 600.00 | Reiterates |
| 30 Nov | Exane BNP Paribas | Neutral | 546.50 | 600.00 | Retains | |
| 18 Nov | JP Morgan Cazenove | Overweight | 546.50 | 750.00 | 750.00 | Retains |
| 14 Nov | JP Morgan Cazenove | Overweight | 546.50 | 750.00 | 750.00 | Retains |
Hammers Director Deals
| Date | Director | Type | Volume / Price | Trade Value |
|---|---|---|---|---|
| 12 Oct 2016 | Peter Cole | Buy | 4070 @ 579.00p | £23,565.30 |
| 12 Oct 2016 | Gwyn Burr | Buy | 71 @ 579.00p | £411.09 |
| 12 Oct 2016 | David Atkins | Buy | 1695 @ 579.00p | £9,814.05 |
| 04 Aug 2016 | Timon Drakesmith | Buy | 275 @ 545.00p | £1,498.75 |
| 29 Jul 2016 | Pierre Bouchut | Buy | 20000 @ 554.04p | £110,808.00 |
| 29 Jul 2016 | David Tyler | Buy | 10000 @ 559.44p | £55,943.60 |
| 28 Jul 2016 | Terry Duddy | Buy | 10000 @ 553.80p | £55,380.00 |
| 28 Jul 2016 | Andrew Formica | Buy | 7000 @ 555.43p | £38,879.96 |
Hammers Company News
Broker Forecast – Exane BNP Paribas issues a broker note on Hammers PLC
Exane BNP Paribas today reaffirms its neutral investment rating on Hammers PLC (LON:HMSO) and set its price target at 600p.
Story provided by StockMarketWire.com
Investors unfazed by Autumn Statement
The blue chip index was flat following the Autumn Statement as investors were unimpressed by the UK government’s plans.
Property agents Foxtons (FOXT) suffered a 10% decline, while Countrywide (CWD) and LSL Property Services (LSL) fell by 5% after Chancellor Philip Hammond confirmed the government will crack down on letting fees.
Lettings specialist Belvoir Lettings (BLV) also slid 7.6% to 115p.
West Texas Intermediate (WTI) crude oil slipped 0.2% to $47.92 and Brent crude oil retreated 0.3% to $48.94 per barrel, respectively.
Gold glittered at $1,213 per ounce, while copper climbed 2.3% to $5,732 per tonne.
FTSE 100 RISERS AND FALLERS
Utility provider United Utilities (UU.) nudged higher on a slight year-on-year increase in first half operating profit to £312.5m and a 1.1% hike in the dividend.
Property investor Hammerson (HMSO) was flat at 554p following a €587m deal to buy four outlet centres in Europe under its VIA Outlets joint venture.
FTSE 250 RISERS AND FALLERS
Travel operator Thomas Cook (TCG) flied into sunnier skies after announcing its first dividend in five years alongside full year results and ‘encouraging’ summer bookings for 2017. Profit after tax more than halved year-on-year to £9m, reflecting pressure from terrorist attacks, but this was in line with guidance.
The first set of results from respiratory drug specialist Vectura (VEC) since its merger with Skyepharma received a positive response. First half revenue was up 183% to £73.9m.
Online trading platform CMC Markets (CMCX) slumped 5% to 193p on a 29% fall in first half pre-tax profit to £18.8m due to lower client activity.
SMALL CAP RISERS AND FALLERS
Shares in industrial services firm Brammer (BRAM) shot up 69.5% to 165p on a recommended £221.5m cash offer from AI Robin, a wholly-owned subsidiary of funds managed by Advent International.
Software outfit ServicePower (SVR) soared 58% to 4p after last night’s revelation it would reject an offer from Jonas Computing and was in discussions with Diversis Capital over a 6p cash bid.
Creightons (CRL) jumped 13% as operating profit increased by nearly four-fold from £208,000 in 2015 to £799,000.
Financial services group Tavistock Investments (TAVI) raised up to £2.1m through a shares placing to meet the cash consideration for the acquisition of Price Bailey Financial Services.
Avocet Mining (AVM) delivered bad news to investors. It indicated the verdict from the court concerning whether a seized shipment of gold should be released back to the company was delayed until 19 December.
Story provided by StockMarketWire.com
Estate agents hammered on letting fees speculation
The FTSE 100 rallied 0.3% to 6,840 after from a positive session on Wall Street overnight and ahead of the Autumn Statement today.
British American Tobacco (BATS) helped to bolster the blue chip index with a 0.7% gain.
Property agents Countrywide (CWD), Foxtons (FOXT) and LSL Property Services (LSL) suffered declines of up to 8% amid speculation that Chancellor Philip Hammond will crack down on letting fees.
Lettings specialist Belvoir Lettings (BLV) also suffered a fall of 6% to 117p.
West Texas Intermediate (WTI) crude oil nudged higher to $48.18 and Brent crude oil advanced 0.3% to $49.28 per barrel, respectively.
Gold gained 0.2% to $1,213 per ounce, while copper cheapened 0.4% to $5,577 per tonne.
FTSE 100 RISERS AND FALLERS
Utility provider United Utilities (UU.) nudged 2.8% higher to 921p on a slight year-on-year increase in first half operating profit to £312.5m and a 1.1% hike in the dividend.
Property investor Hammerson (HMSO) was flat at 554.5p following a €587m deal to buy four outlet centres in Europe under its VIA Outlets joint venture.
FTSE 250 RISERS AND FALLERS
Travel operator Thomas Cook (TCG) flied into sunnier skies after announcing its first dividend in five years alongside full year results and ‘encouraging’ summer bookings for 2017. Profit after tax more than halved year-on-year to £9m, reflecting pressure from terrorist attacks, but this was in line with guidance.
The first set of results from respiratory drug specialist Vectura (VEC) since its merger with Skyepharma received a positive response. First half revenue was up 183% to £73.9m.
Online trading platform CMC Markets (CMCX) slumped 4.3% to 194.3p on a 29% fall in first half pre-tax profit to £18.8m due to lower client activity.
SMALL CAP RISERS AND FALLERS
Shares in industrial services firm Brammer (BRAM) shot up 69.3% to 165p on a recommended £221.5m cash offer from AI Robin, a wholly-owned subsidiary of funds managed by Advent International.
Software outfit ServicePower (SVR) soared 71.2% to 4.5p after last night’s revelation it would reject an offer from Jonas Computing and was in discussions with Diversis Capital over a 6p cash bid.
Financial services group Tavistock Investments (TAVI) raised up to £2.1m through a shares placing to meet the cash consideration for the acquisition of Price Bailey Financial Services.
Avocet Mining (AVM) delivered bad news to investors as it indicated the verdict from the court concerning whether gold should be released was delayed until 19 December. The initial seizure of the gold was lifted on 7 November, but the gold has yet to be released.
Story provided by StockMarketWire.com
Hammerson sells Westmorland Retail Park
Hammerson has exchanged contracts for the sale of Westmorland Retail Park, Cramlington in Northumberland to Arch Commercial Enterprise Ltd for £36 million.
Arch also acquired the adjacent Manor Walks Shopping Centre in July from Hammerson. The two schemes form the core retail offer for Cramlington town centre and ownership of both enables Arch to effectively manage the complementary retail offers.
Hammerson acquired the asset in 2006 and has refurbished and extended the scheme to create a refreshed retail terrace, attracting a number of new high-street brands including Currys PC World, TK Maxx, Costa and M&S Food.
The sale price for Westmorland represents a net initial yield of 5.8%, and is moderately below book value as at 30 June 2016.
Additional recent smaller transactions take the total proceeds received to £43 million.
Story provided by StockMarketWire.com
FLASH: Hammerson sells Westmorland Retail Park
Story provided by StockMarketWire.com
