Petershill Partners (LON:PHLL) Insider Buys £84,000 in Stock

Petershill Partners (LON:PHLL) insider Naguib Kheraj purchased 40,000 shares of Petershill Partners stock in a transaction dated Tuesday, June 18th. The stock was acquired at an average cost of GBX 210 ($2.67) per share, with a total value of £84,000 ($106,734.43).

Petershill Partners Price Performance

Shares of LON:PHLL opened at GBX 209 ($2.66) on Thursday. The business has a fifty day simple moving average of GBX 203.86 and a 200-day simple moving average of GBX 182.04. Petershill Partners has a 52 week low of GBX 140 ($1.78) and a 52 week high of GBX 214.50 ($2.73). The company has a quick ratio of 6.11, a current ratio of 4.56 and a debt-to-equity ratio of 10.22. The company has a market cap of £2.34 billion, a P/E ratio of 908.70, a P/E/G ratio of 1.24 and a beta of 0.58.

Petershill Partners Increases Dividend

The company also recently declared a dividend, which was paid on Friday, June 14th. Shareholders of record on Thursday, May 9th were given a dividend of $0.10 per share. This represents a yield of 4.63%. The ex-dividend date of this dividend was Thursday, May 9th. This is an increase from Petershill Partners’s previous dividend of $0.05. Petershill Partners’s payout ratio is 5,217.39%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. lifted their price objective on Petershill Partners from GBX 247 ($3.14) to GBX 256 ($3.25) and gave the stock an “overweight” rating in a report on Friday, April 5th. Berenberg Bank reissued a “buy” rating and issued a GBX 200 ($2.54) price target on shares of Petershill Partners in a report on Wednesday, March 27th.

Petershill Partners Company Profile

Petershill Partners PLC operates as a general partner solutions investment firm. It provides capital and strategic support to asset managers through minority stake acquisitions. The company was formerly known as Delta Epsilon plc and changed its name to Petershill Partners PLC in September 2, 2021. The company was founded in 2007 and is based in London, the United Kingdom.