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Pin to quick picksPershing Square Holdings Share News (PSH)

Share Price Information for Pershing Square Holdings (PSH)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 2,670.00
Bid: 2,660.00
Ask: 2,665.00
Change: 30.00 (1.14%)
Spread: 5.00 (0.19%)
Open: 2,660.00
High: 2,685.00
Low: 2,655.00
Yest. Close: 2,640.00
PSH Live PriceLast checked at -
Pershing Square Holdings is an Investment Trust

To preserve capital and to seek maximum, long-term capital appreciation commensurate with reasonable risk by investing in long and short positions in equity or debt securities of public US and non-US issuers.

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Pershing Square Net Assets Climb And Total Return Beat S&P

Fri, 28th Aug 2020 19:33

(Alliance News) - Pershing Square Holdings Ltd on Friday reported a first-half rise in net asset value and said it outperformed its benchmark.

The investor's NAV per share climbed 28% to USD34.52 from USD26.94 at the end of December.

Shares in the company closed flat at 2,015.00 pence each in London on Friday.

The North America-focused firm reported an NAV total return of just shy of 29% in the first-half, beating the S&P 500 which returned negative 3.1%.

"It is interesting to note that four of the nine companies in PSH’s portfolio on June 30, 2020, have positively contributed to the company's performance year-to-date through August 25, 2020, despite the effects of the virus on their businesses, or perhaps because of how their management teams responded to the challenges they faced. The decline in value of the other five portfolio companies is more than off set by the proceeds generated by the credit hedge, and the investment manager believes that they will recover in the long term," Pershing explained.

"As markets have recovered since late March, our portfolio companies' share prices have also increased, driving year-to-date performance."

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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(Sharecast News) - Homeserve is set to drop out of the FTSE 100 on Wednesday after a brief stay as investors shift their bets from steady earners to undervalued shares with Covid-19 vaccines in the pipeline.

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Director dealings: Pershing Square director makes share purchase

(Sharecast News) - Pershing Square revealed on Friday that non-executive director Andrew Henton had acquired 4,775 ordinary shares in the London-listed hedge fund manager.

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Pershing Square Net Assets Climb And Total Return Beat S&P

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