Pershing Square (LON:PSH) Reaches New 12-Month High at $4,207.08

Pershing Square Holdings, Ltd. (LON:PSH)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 4,207.08 ($53.17) and last traded at GBX 4,144 ($52.37), with a volume of 163665 shares. The stock had previously closed at GBX 4,156 ($52.52).

Pershing Square Stock Down 0.4 %

The firm’s 50-day simple moving average is GBX 3,877.80 and its 200 day simple moving average is GBX 3,412.36. The company has a debt-to-equity ratio of 21.89, a quick ratio of 8.65 and a current ratio of 65.82. The stock has a market capitalization of £7.54 billion, a P/E ratio of 354.02 and a beta of 0.99.

Pershing Square Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, November 14th. This is a boost from Pershing Square’s previous dividend of $0.13. This represents a yield of 0.32%. Pershing Square’s payout ratio is 367.13%.

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.