Pershing Square Holdings (LON:PSH - Get Free Report)'s share price traded up 2.5% during mid-day trading on Thursday . The stock traded as high as GBX 4,012 ($49.84) and last traded at GBX 3,988 ($49.54). 189,458 shares traded hands during trading, an increase of 16% from the average session volume of 163,650 shares. The stock had previously closed at GBX 3,890 ($48.32).
Pershing Square Stock Up 1.2 %
The business has a 50-day simple moving average of GBX 3,728.40 and a two-hundred day simple moving average of GBX 3,769.06. The company has a market capitalization of £7.42 billion, a price-to-earnings ratio of 382.73 and a beta of 0.97. The company has a debt-to-equity ratio of 19.50, a quick ratio of 8.65 and a current ratio of 22.15.
Pershing Square Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 14th were issued a $0.15 dividend. This is a boost from Pershing Square's previous dividend of $0.13. This represents a dividend yield of 0.32%. The ex-dividend date was Thursday, November 14th. Pershing Square's dividend payout ratio (DPR) is currently 436.43%.
Insiders Place Their Bets
In related news, insider Bronwyn Curtis sold 554 shares of Pershing Square stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of GBX 3,613 ($44.88), for a total transaction of £20,016.02 ($24,864.62). 1.00% of the stock is currently owned by company insiders.
Pershing Square Company Profile
(
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Pershing Square Holdings, Ltd. is a closed-ended balanced fund launched and managed by Pershing Square Capital Management, L.P. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.
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