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 company’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of GBX 3,613 ($45.49), for a total transaction of £20,016.02 ($25,199.57).

Pershing Square Stock Performance

Pershing Square stock opened at GBX 3,606 ($45.40) on Friday. The company has a current ratio of 22.15, a quick ratio of 8.65 and a debt-to-equity ratio of 19.50. The firm has a 50-day moving average of GBX 3,581.32 and a 200-day moving average of GBX 3,833.68. The firm has a market cap of £6.64 billion, a P/E ratio of 342.13 and a beta of 0.97. Pershing Square Holdings has a 1-year low of GBX 3,060 ($38.52) and a 1-year high of GBX 4,368 ($54.99).

Pershing Square Increases Dividend

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