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The latest update is out from BH Macro Shs GBP ( (GB:BHMG) ).
BH Macro Limited has repurchased 40,139 of its sterling ordinary shares on the London Stock Exchange from J.P. Morgan Securities at a weighted average price of £4.025, and will hold the stock in treasury. Following this transaction, the company reports 313,556,152 sterling shares and 23,753,391 US dollar shares in issue excluding treasury, with 64,493,772 sterling and 373,277 US dollar shares held in treasury, resulting in a total of 479,307,929 voting rights, a move that marginally adjusts its capital structure and may support share liquidity and capital management objectives.
The most recent analyst rating on (GB:BHMG) stock is a Buy with a £444.00 price target. To see the full list of analyst forecasts on BH Macro Shs GBP stock, see the GB:BHMG Stock Forecast page.
Spark’s Take on GB:BHMG Stock
According to Spark, TipRanks’ AI Analyst, GB:BHMG is a Neutral.
The score is primarily supported by a very strong balance sheet (no debt) but held back by inconsistent earnings/cash flow history. Weak technical momentum and a high P/E further constrain the rating, while ongoing buybacks provide only a modest offset.
To see Spark’s full report on GB:BHMG stock, click here.
More about BH Macro Shs GBP
BH Macro Limited is a closed-ended collective investment scheme incorporated in Guernsey, providing investors with listed exposure to macro-focused investment strategies. Its shares are traded in both sterling and US dollar share classes on the London Stock Exchange, targeting institutional and sophisticated investors seeking diversified, alternative asset management returns.
Average Trading Volume: 678,351
Technical Sentiment Signal: Strong Buy
Learn more about BHMG stock on TipRanks’ Stock Analysis page.