Situl Jobanputra Buys 1,250 Shares of WH Smith PLC (LON:SMWH) Stock

WH Smith PLC (LON:SMWH) insider Situl Jobanputra bought 1,250 shares of the business’s stock in a transaction on Monday, November 18th. The stock was purchased at an average price of GBX 1,255 ($15.91) per share, for a total transaction of £15,687.50 ($19,885.28).

WH Smith Stock Down 0.7 %

LON:SMWH opened at GBX 1,250 ($15.84) on Tuesday. WH Smith PLC has a twelve month low of GBX 1,069 ($13.55) and a twelve month high of GBX 1,499 ($19.00). The firm has a market capitalization of £1.63 billion, a price-to-earnings ratio of 2,544.90, 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. The stock’s 50 day moving average price is GBX 1,378.62 and its two-hundred day moving average price is GBX 1,257.46.

WH Smith Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, February 6th. Investors of record on Thursday, January 16th will be issued a dividend of GBX 22.60 ($0.29) per share. This represents a yield of 1.74%. This is an increase from WH Smith’s previous dividend of $11.00. The ex-dividend date of this dividend is Thursday, January 16th. WH Smith’s payout ratio is presently 6,530.61%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 1,469 ($18.62) price objective on shares of WH Smith in a report on Wednesday, September 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 1,310 ($16.61) target price on shares of WH Smith in a research report on Thursday, September 12th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 1,600 ($20.28) price target on shares of WH Smith in a research report 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.