Partners Group (OTCMKTS:PGPHF) Sees Large Volume Increase – Still a Buy?

Partners Group Holding AG (OTCMKTS:PGPHF) saw strong trading volume on Wednesday . 150 shares traded hands during trading, an increase of 22% from the previous session’s volume of 123 shares.The stock last traded at $881.2375 and had previously closed at $1,051.96.

Analysts Set New Price Targets

Separately, Citigroup lowered shares of Partners Group from a “buy” rating to a “sell” rating in a report on Monday, April 13th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Partners Group currently has a consensus rating of “Sell”.

Partners Group Stock Up 1.1%

The company has a market capitalization of $23.08 billion and a price-to-earnings ratio of 89.62. The company’s 50 day simple moving average is $1,106.63 and its two-hundred day simple moving average is $1,165.80.

Partners Group (OTCMKTS:PGPHF) last announced its earnings results on Friday, May 15th. The company reported $0.04 earnings per share for the quarter. The firm had revenue of $11.20 million during the quarter.

Partners Group Company Profile

Partners Group Holding AG (OTCMKTS: PGPHF) is a global private markets investment manager that specializes in private equity, private debt, private real estate and private infrastructure. The firm develops tailored investment solutions for institutional investors, sovereign wealth funds, family offices and high-net-worth individuals. Its services include direct investments, primary fund commitments and secondary market transactions, as well as customized portfolio and advisory offerings.

Founded in 1996 and headquartered in Baar, Switzerland, Partners Group completed its initial public offering on the SIX Swiss Exchange in 2006.