Primary Health Properties (LON:PHP) Insider Richard Howell Purchases 231,564 Shares of Stock

Primary Health Properties Plc (LON:PHP) insider Richard Howell acquired 231,564 shares of the firm’s stock in a transaction on Friday, September 19th. The stock was purchased at an average price of GBX 89 per share, with a total value of £206,091.96.

Richard Howell also recently made the following trade(s):

• On Thursday, July 31st, Richard Howell acquired 70,745 shares of Primary Health Properties stock. The stock was purchased at an average price of GBX 96 per share, with a total value of £67,915.20.
• On Thursday, July 31st, Richard Howell acquired 20,849 shares of Primary Health Properties stock. The stock was purchased at an average price of GBX 96 per share, with a total value of £20,015.04.
• On Thursday, July 31st, Richard Howell acquired 9,389 shares of Primary Health Properties stock. The stock was purchased at an average price of GBX 96 per share, with a total value of £9,013.44.

Primary Health Properties Trading Up 0.0%

LON PHP opened at GBX 89.40 on Friday. Primary Health Properties Plc has a 12 month low of GBX 85.40 and a 12 month high of GBX 105.50. The stock has a market cap of £2.23 billion, a P/E ratio of 1,241.72, a P/E/G ratio of 5.64 and a beta of 0.41. The stock’s fifty day moving average price is GBX 93.19 and its 200-day moving average price is GBX 96.51. The company has a current ratio of 0.50, a quick ratio of 0.62 and a debt-to-equity ratio of 96.73.

Primary Health Properties (LON:PHP) last released its earnings results on Thursday, July 24th. The real estate investment trust reported GBX 3.50 EPS for the quarter. Primary Health Properties had a negative return on equity of 0.61% and a negative net margin of 4.84%. As a group, equities analysts forecast that Primary Health Properties Plc will post 7.0875912 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “buy” rating on shares of Primary Health Properties in a research report on Wednesday, September 3rd. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 105.

About Primary Health Properties

Primary Health Properties plc is a leading investor in modern primary healthcare properties. The Company acquires or forward funds the development of modern, purpose-built premises that are leased to GP’s, government healthcare bodies, pharmacies and other providers of related healthcare services.