Petershill Partners (LON:PHLL) Hits New 12-Month High – What’s Next?

Petershill Partners (LON:PHLL)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 247 ($3.13) and last traded at GBX 244.50 ($3.10), with a volume of 12223 shares traded. The stock had previously closed at GBX 241 ($3.05).

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Berenberg Bank reissued a “buy” rating and set a GBX 235 ($2.98) target price on shares of Petershill Partners in a research report on Wednesday, September 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 245 ($3.11) price target on shares of Petershill Partners in a research report on Thursday, September 5th.

Petershill Partners Trading Up 2.3 %

The company has a market capitalization of £2.66 billion, a price-to-earnings ratio of 1,047.83, a P/E/G ratio of 1.24 and a beta of 0.59. The company has a 50-day moving average price of GBX 218.89 and a 200-day moving average price of GBX 214.25. The company has a quick ratio of 6.11, a current ratio of 1.40 and a debt-to-equity ratio of 10.41.

Petershill Partners Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, November 21st will be paid a $0.18 dividend. This represents a dividend yield of 6.21%. The ex-dividend date is Thursday, November 21st. This is a boost from Petershill Partners’s previous dividend of $0.14. Petershill Partners’s dividend payout ratio (DPR) is presently 5,217.39%.

About Petershill Partners

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.