Pershing Square Holdings (LON:PSH) Insider Sells £20,016.02 in Stock

Pershing Square Holdings (LON:PSH) insider Bronwyn Curtis sold 554 shares of the firm’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of GBX 3,613 ($45.72), for a total transaction of £20,016.02 ($25,327.12).

Pershing Square Stock Performance

Shares of PSH stock opened at GBX 3,542 ($44.82) on Thursday. The company has a market capitalization of £6.52 billion, a P/E ratio of 336.05 and a beta of 0.97. Pershing Square Holdings has a 12-month low of GBX 3,022 ($38.24) and a 12-month high of GBX 4,368 ($55.27). The business’s 50 day moving average is GBX 3,580.08 and its two-hundred day moving average is GBX 3,836.23. The company has a current ratio of 22.15, a quick ratio of 8.65 and a debt-to-equity ratio of 19.50.

Pershing Square Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, December 13th. Investors of record on Thursday, November 14th will be issued a $0.15 dividend. This represents a yield of 0.32%. The ex-dividend date is Thursday, November 14th. This is a positive change from Pershing Square’s previous dividend of $0.13. Pershing Square’s payout ratio is presently 436.43%.

About Pershing Square

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.