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

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

Analyst Ratings Changes

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

Petershill Partners Trading Up 2.3 %

The company has a market cap of £2.66 billion, a price-to-earnings ratio of 1,047.83, a price-to-earnings-growth ratio of 1.24 and a beta of 0.59. The company’s fifty day moving average price is GBX 218.89 and its two-hundred day moving average price is 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 company also recently disclosed a dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, November 21st will be issued a dividend of $0.18 per share. This is a positive change from Petershill Partners’s previous dividend of $0.14. The ex-dividend date is Thursday, November 21st. This represents a dividend yield of 6.21%. 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.