William Hill plc (LON:WMH) Insider Buys £9,750 in Stock

William Hill plc (LON:WMH) insider Gordon Wilson acquired 25,000 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The stock was bought at an average cost of GBX 39 ($0.51) per share, with a total value of £9,750 ($12,825.57).

LON:WMH opened at GBX 70.50 ($0.93) on Friday. The stock has a market cap of $616.30 million and a P/E ratio of -22.74. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 331.01. The stock’s 50-day moving average is GBX 136.36 and its 200-day moving average is GBX 172.34. William Hill plc has a 1-year low of GBX 28.63 ($0.38) and a 1-year high of GBX 206.80 ($2.72).

The company also recently declared a dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, April 23rd will be issued a dividend of GBX 5.34 ($0.07) per share. This is a boost from William Hill’s previous dividend of $2.66. This represents a dividend yield of 3.18%. The ex-dividend date of this dividend is Thursday, April 23rd. William Hill’s payout ratio is -3.23%.

A number of research firms have weighed in on WMH. Stifel Nicolaus cut shares of William Hill to a “hold” rating in a research note on Tuesday, December 3rd. Berenberg Bank dropped their price target on William Hill from GBX 250 ($3.29) to GBX 240 ($3.16) and set a “buy” rating for the company in a research note on Friday, January 17th. Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 220 ($2.89) price target on shares of William Hill in a research note on Monday, January 13th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of William Hill in a report on Friday, January 17th. Finally, Canaccord Genuity restated a “buy” rating and set a GBX 258 ($3.39) price objective on shares of William Hill in a research report on Tuesday, January 14th. Six analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 224.46 ($2.95).

William Hill Company Profile

William Hill plc provides sports betting and gaming services in the United Kingdom and internationally. It operates through Retail, Online, US Existing, US Expansion, and Other segments. The company operates licensed betting offices that offer sports betting services on football, horseracing, and other sports, as well as gaming on machines.

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