Petershill Partners (LON:PHLL) Sets New 1-Year High at $209.38

Petershill Partners PLC (LON:PHLL) hit a new 52-week high on Monday . The stock traded as high as GBX 209.38 ($2.63) and last traded at GBX 208.50 ($2.62), with a volume of 795333 shares changing hands. The stock had previously closed at GBX 208 ($2.61).

Analysts Set New Price Targets

PHLL has been the subject of several research reports. JPMorgan Chase & Co. increased their price objective on Petershill Partners from GBX 247 ($3.10) to GBX 256 ($3.22) and gave the company an “overweight” rating in a report on Friday, April 5th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 200 ($2.51) price target on shares of Petershill Partners in a report on Wednesday, March 27th.

Petershill Partners Stock Down 0.5 %

The stock has a fifty day moving average price of GBX 183.79 and a 200 day moving average price of GBX 167.17. The company has a debt-to-equity ratio of 10.49, a current ratio of 2.67 and a quick ratio of 6.11. The stock has a market capitalization of £2.32 billion, a P/E ratio of 20,850.00, a price-to-earnings-growth ratio of 1.24 and a beta of 0.61.

Petershill Partners Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 14th. Stockholders of record on Thursday, May 9th will be issued a $0.10 dividend. This is a positive change from Petershill Partners’s previous dividend of $0.05. This represents a dividend yield of 4.63%. The ex-dividend date of this dividend is Thursday, May 9th. Petershill Partners’s dividend payout ratio (DPR) is presently 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.