Primary Health Properties Plc (LON:PHP) Insider Buys £23,000 in Stock

Primary Health Properties Plc (LON:PHP) insider Harry Abraham Hyman purchased 25,000 shares of Primary Health Properties stock in a transaction on Friday, February 28th. The stock was purchased at an average price of GBX 92 ($1.16) per share, for a total transaction of £23,000 ($28,923.54).

Harry Abraham Hyman also recently made the following trade(s):

• On Friday, February 21st, Harry Abraham Hyman purchased 3,808 shares of Primary Health Properties stock. The stock was purchased at an average price of GBX 93 ($1.17) per share, for a total transaction of £3,541.44 ($4,453.52).

Primary Health Properties Trading Up 2.4 %

Shares of LON PHP opened at GBX 94 ($1.18) on Friday. Primary Health Properties Plc has a 1-year low of GBX 85.40 ($1.07) and a 1-year high of GBX 105.50 ($1.33). The company has a market cap of £1.26 billion, a PE ratio of -146.73, a P/E/G ratio of 5.64 and a beta of 0.41. The company has a current ratio of 0.50, a quick ratio of 0.62 and a debt-to-equity ratio of 96.73. The company has a 50-day moving average of GBX 91.27 and a two-hundred day moving average of GBX 95.01.

Primary Health Properties (LON:PHP) last announced its earnings results on Friday, February 28th. The real estate investment trust reported GBX 7 ($0.09) earnings per share for the quarter. Primary Health Properties had a negative net margin of 4.84% and a negative return on equity of 0.61%. As a group, equities analysts expect that Primary Health Properties Plc will post 7.0875912 earnings per share for the current fiscal year.

Primary Health Properties Increases Dividend

The business also recently announced a dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, January 9th were paid a GBX 1.78 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, January 9th. This is an increase from Primary Health Properties’s previous dividend of $1.73. This represents a dividend yield of 1.9%. Primary Health Properties’s payout ratio is currently -1,092.68%.

Primary Health Properties Company Profile

Primary Health Properties plc is a leading investor in modern primary healthcare properties. The Company acquires or forward funds the development of modern, purpose-built premises that are leased to GP’s, government healthcare bodies, pharmacies and other providers of related healthcare services.