Bandhana Rawal Buys 27,549 Shares of Primary Health Properties Plc (LON:PHP) Stock

Primary Health Properties Plc (LON:PHPGet Free Report) insider Bandhana Rawal purchased 27,549 shares of the business’s stock in a transaction on Thursday, February 29th. The stock was acquired at an average price of GBX 90 ($1.14) per share, with a total value of £24,794.10 ($31,448.63).

Primary Health Properties Stock Up 1.8 %

Shares of Primary Health Properties stock opened at GBX 91 ($1.15) on Friday. The company has a fifty day moving average price of GBX 96.22 and a 200 day moving average price of GBX 95.23. The company has a current ratio of 0.56, a quick ratio of 0.62 and a debt-to-equity ratio of 93.62. Primary Health Properties Plc has a twelve month low of GBX 84.20 ($1.07) and a twelve month high of GBX 109 ($1.38). The stock has a market cap of £1.22 billion, a price-to-earnings ratio of 4,550.00, a price-to-earnings-growth ratio of 5.64 and a beta of 0.35.

Primary Health Properties Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, February 23rd. Investors of record on Thursday, January 11th were given a dividend of GBX 1.73 ($0.02) per share. This represents a yield of 1.67%. This is a boost from Primary Health Properties’s previous dividend of $1.68. The ex-dividend date of this dividend was Thursday, January 11th. Primary Health Properties’s dividend payout ratio is 35,000.00%.

Analysts Set New Price Targets

Several brokerages have weighed in on PHP. JPMorgan Chase & Co. initiated coverage on Primary Health Properties in a report on Friday. They issued a “neutral” rating and a GBX 105 ($1.33) price target for the company. Berenberg Bank restated a “buy” rating and set a GBX 103 ($1.31) price objective on shares of Primary Health Properties in a report on Friday, February 9th.

Read Our Latest Stock Report on Primary Health Properties

Primary Health Properties Company Profile

(Get Free Report)

Primary Health Properties (PHP) is the leading investor in modern healthcare properties in the UK & Ireland. PHP is a UK based Real Estate Investment Trust (REIT) with a clear objective to create progressive returns to shareholders through a combination of earnings growth and capital appreciation.

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