Petershill Partners (LON:PHLL) Trading Up 1.4% – What’s Next?

Petershill Partners (LON:PHLL) was up 1.4% on Tuesday . The company traded as high as GBX 225 ($2.93) and last traded at GBX 223.50 ($2.91). Approximately 301,757 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 529,283 shares. The stock had previously closed at GBX 220.50 ($2.87).

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on PHLL shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 245 ($3.19) price target on shares of Petershill Partners in a report on Thursday, September 5th. Berenberg Bank reiterated a “buy” rating and set a GBX 235 ($3.06) target price on shares of Petershill Partners in a research note on Wednesday, September 18th.

Petershill Partners Price Performance

The stock has a 50 day moving average of GBX 216.46 and a two-hundred day moving average of GBX 212.17. The company has a debt-to-equity ratio of 10.41, a quick ratio of 6.11 and a current ratio of 1.40. The firm has a market capitalization of £2.43 billion, a P/E ratio of 971.74, a P/E/G ratio of 1.24 and a beta of 0.59.

Petershill Partners Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, September 26th were issued a $0.14 dividend. The ex-dividend date was Thursday, September 26th. This represents a yield of 4.83%. This is a positive change from Petershill Partners’s previous dividend of $0.10. Petershill Partners’s dividend payout ratio (DPR) is 5,217.39%.

About Petershill Partners

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.