Crest Nicholson Holdings PLC (LON:CRST) shares hit a new 52-week high on Thursday . The stock traded as high as GBX 510 ($6.71) and last traded at GBX 510 ($6.71), with a volume of 730 shares trading hands. The stock had previously closed at GBX 506 ($6.66).
CRST has been the subject of several recent analyst reports. Shore Capital restated a “hold” rating on shares of Crest Nicholson in a research note on Thursday, October 31st. Peel Hunt restated a “hold” rating on shares of Crest Nicholson in a research note on Tuesday, January 28th. Canaccord Genuity restated a “hold” rating and issued a GBX 435 ($5.72) target price on shares of Crest Nicholson in a research note on Tuesday, January 28th. HSBC lowered their target price on shares of Crest Nicholson from GBX 540 ($7.10) to GBX 500 ($6.58) and set a “buy” rating for the company in a research note on Friday, November 22nd. Finally, Jefferies Financial Group restated a “hold” rating on shares of Crest Nicholson in a research note on Wednesday, February 5th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 439.82 ($5.79).
The stock’s fifty day simple moving average is GBX 459.04 and its 200-day simple moving average is GBX 400.19. The firm has a market cap of $1.32 billion and a PE ratio of 16.00. The company has a debt-to-equity ratio of 15.61, a current ratio of 3.47 and a quick ratio of 0.74.
The business also recently declared a dividend, which will be paid on Thursday, April 9th. Shareholders of record on Thursday, March 19th will be issued a GBX 21.80 ($0.29) dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a dividend yield of 4.61%. This is a boost from Crest Nicholson’s previous dividend of $11.20. Crest Nicholson’s dividend payout ratio (DPR) is currently 1.03%.
In other Crest Nicholson news, insider Peter Truscott sold 67,548 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of GBX 498 ($6.55), for a total value of £336,389.04 ($442,500.71). Also, insider Leslie Van de Walle sold 16,000 shares of the firm’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of GBX 497 ($6.54), for a total transaction of £79,520 ($104,604.05).
About Crest Nicholson (LON:CRST)
Crest Nicholson Holdings plc builds homes in the United Kingdom. It develops apartments, houses, regeneration schemes, and garden villages; and commercial properties. The company serves first-time buyers, families, and investors. Crest Nicholson Holdings plc was founded in 1963 and is headquartered in Chertsey, the United Kingdom.
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