Petershill Partners (LON:PHLL) Sets New 52-Week High at $229.00

Petershill Partners (LON:PHLL) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 229 ($3.03) and last traded at GBX 224 ($2.96), with a volume of 8545461 shares. The stock had previously closed at GBX 225.50 ($2.98).

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 245 ($3.24) target price on shares of Petershill Partners in a report on Thursday, September 5th. Berenberg Bank reiterated a “buy” rating and issued a GBX 235 ($3.10) price objective on shares of Petershill Partners in a report on Wednesday, September 18th.

Petershill Partners Trading Down 0.2 %

The business has a fifty day moving average price of GBX 218.28 and a 200-day moving average price of GBX 205.70. The company has a quick ratio of 6.11, a current ratio of 4.56 and a debt-to-equity ratio of 10.22. The company has a market cap of £2.43 billion, a P/E ratio of 1,025.00, a PEG ratio of 1.24 and a beta of 0.59.

Petershill Partners Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, September 26th will be paid a $0.14 dividend. The ex-dividend date is Thursday, September 26th. This is an increase from Petershill Partners’s previous dividend of $0.10. This represents a yield of 4.83%. Petershill Partners’s payout ratio is 5,454.55%.

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.