Petershill Partners (LON:PHLL) Hits New 52-Week High at $202.50

Petershill Partners PLC (LON:PHLL) shares hit a new 52-week high on Tuesday . The stock traded as high as GBX 202.50 ($2.50) and last traded at GBX 202 ($2.50), with a volume of 1900253 shares. The stock had previously closed at GBX 186 ($2.30).

Analysts Set New Price Targets

PHLL has been the topic of several recent analyst reports. Berenberg Bank restated a “buy” rating and set a GBX 200 ($2.47) target price on shares of Petershill Partners in a research report on Wednesday, March 27th. JPMorgan Chase & Co. upped their target price on shares of Petershill Partners from GBX 247 ($3.05) to GBX 256 ($3.16) and gave the stock an “overweight” rating in a research report on Friday, April 5th.

Petershill Partners Stock Down 0.7 %

The company has a market cap of £2.28 billion, a PE ratio of 20,550.00, a P/E/G ratio of 1.24 and a beta of 0.61. The company has a quick ratio of 6.11, a current ratio of 2.67 and a debt-to-equity ratio of 10.49. The firm’s fifty day simple moving average is GBX 181.10 and its 200-day simple moving average is GBX 165.57.

Petershill Partners Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 14th. Shareholders of record on Thursday, May 9th will be issued a $0.10 dividend. This represents a dividend yield of 4.63%. The ex-dividend date of this dividend is Thursday, May 9th. This is an increase from Petershill Partners’s previous dividend of $0.05. Petershill Partners’s dividend payout ratio is 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.