Petershill Partners (LON:PHLL – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 202.50 ($2.50) and last traded at GBX 202 ($2.50), with a volume of 1900253 shares traded. The stock had previously closed at GBX 186 ($2.30).
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on PHLL. JPMorgan Chase & Co. raised their price objective on Petershill Partners from GBX 247 ($3.05) to GBX 256 ($3.16) and gave the company an “overweight” rating in a research report on Friday, April 5th. Berenberg Bank reiterated a “buy” rating and issued a GBX 200 ($2.47) target price on shares of Petershill Partners in a report on Wednesday, March 27th.
Read Our Latest Stock Analysis on PHLL
Petershill Partners Stock Up 8.6 %
Petershill Partners Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, June 14th. Investors of record on Thursday, May 9th will be paid a $0.10 dividend. The ex-dividend date is Thursday, May 9th. This is a positive change from Petershill Partners’s previous dividend of $0.05. This represents a yield of 4.63%. Petershill Partners’s dividend payout ratio (DPR) is currently 130,000.00%.
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.
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