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

Petershill Partners PLC (LON:PHLL) reached a new 52-week high during trading on Monday . The company traded as high as GBX 209.38 ($2.59) and last traded at GBX 208.50 ($2.58), with a volume of 795333 shares trading hands. The stock had previously closed at GBX 208 ($2.57).

Analysts Set New Price Targets

A number of research analysts have recently commented on PHLL shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 200 ($2.47) price objective on shares of Petershill Partners in a research note on Wednesday, March 27th. JPMorgan Chase & Co. upped their price objective on shares of Petershill Partners from GBX 247 ($3.05) to GBX 256 ($3.16) and gave the company an “overweight” rating in a research note on Friday, April 5th.

Petershill Partners Price Performance

The company has a debt-to-equity ratio of 10.49, a quick ratio of 6.11 and a current ratio of 2.67. The firm has a market cap of £2.33 billion, a PE ratio of 20,800.00, a PEG ratio of 1.24 and a beta of 0.61. The stock has a fifty day moving average price of GBX 183.13 and a 200-day moving average price of GBX 166.77.

Petershill Partners Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 14th. Stockholders of record on Thursday, May 9th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, May 9th. This represents a dividend yield of 4.63%. This is a boost from Petershill Partners’s previous dividend of $0.05. Petershill Partners’s payout ratio 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.