WH Smith PLC (LON:SMWH) Insider Robert Moorhead Sells 10,194 Shares

WH Smith PLC (LON:SMWH) insider Robert Moorhead sold 10,194 shares of WH Smith stock in a transaction on Thursday, November 21st. The stock was sold at an average price of GBX 1,266 ($15.87), for a total value of £129,056.04 ($161,785.18).

WH Smith Price Performance

SMWH stock opened at GBX 1,253 ($15.71) on Friday. The stock has a market capitalization of £1.64 billion, a price-to-earnings ratio of 2,557.14, a price-to-earnings-growth ratio of 2.65 and a beta of 1.67. The company has a quick ratio of 0.42, a current ratio of 0.64 and a debt-to-equity ratio of 326.20. WH Smith PLC has a 52-week low of GBX 1,069 ($13.40) and a 52-week high of GBX 1,499 ($18.79). The stock’s fifty day simple moving average is GBX 1,372.52 and its 200-day simple moving average is GBX 1,262.83.

WH Smith Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Thursday, January 16th will be paid a GBX 22.60 ($0.28) dividend. This represents a yield of 1.74%. This is a positive change from WH Smith’s previous dividend of $11.00. The ex-dividend date is Thursday, January 16th. WH Smith’s dividend payout ratio (DPR) is presently 6,530.61%.

Analyst Ratings Changes

Several equities analysts have weighed in on SMWH shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 1,310 ($16.42) price target on shares of WH Smith in a research report on Thursday, September 12th. Canaccord Genuity Group reduced their target price on shares of WH Smith from GBX 1,469 ($18.42) to GBX 1,460 ($18.30) and set a “buy” rating on the stock in a report on Thursday. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,600 ($20.06) price target on shares of WH Smith in a research note on Tuesday, October 15th.

About WH Smith

WH Smith PLC operates as a retailer in the United Kingdom and internationally. It operates in two segments, Travel and High Street. The Travel segment offers news, books, and convenience for travelling customers. It operates stores in airports, hospitals, railway stations, and motorway service areas.