Petershill Partners (LON:PHLL) Sets New 12-Month High at $229.00

Petershill Partners (LON:PHLL)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 229 ($3.07) and last traded at GBX 224 ($3.00), with a volume of 8545461 shares. The stock had previously closed at GBX 225.50 ($3.02).

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on PHLL. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 245 ($3.28) price objective on shares of Petershill Partners in a research report on Thursday, September 5th. Berenberg Bank reissued a “buy” rating and issued a GBX 235 ($3.15) price objective on shares of Petershill Partners in a research note on Wednesday, September 18th.

Petershill Partners Stock Performance

The firm has a market capitalization of £2.40 billion, a price-to-earnings ratio of 1,013.64, a PEG ratio of 1.24 and a beta of 0.59. The firm has a 50 day moving average price of GBX 218.71 and a 200-day moving average price of GBX 206.39. The company has a debt-to-equity ratio of 10.22, a current ratio of 4.56 and a quick ratio of 6.11.

Petershill Partners Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, October 31st. Stockholders of record on Thursday, September 26th will be paid a $0.14 dividend. This represents a dividend yield of 4.83%. The ex-dividend date of this dividend is Thursday, September 26th. This is a boost from Petershill Partners’s previous dividend of $0.10. Petershill Partners’s dividend payout ratio (DPR) is presently 5,454.55%.

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.