Petershill Partners (LON:PHLL) Insider Naguib Kheraj Purchases 28,000 Shares of Stock

Petershill Partners (LON:PHLL) insider Naguib Kheraj acquired 28,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The shares were acquired at an average price of GBX 255 ($3.23) per share, with a total value of £71,400 ($90,345.44).

Petershill Partners Price Performance

Shares of PHLL opened at GBX 254.50 ($3.22) on Thursday. The company has a debt-to-equity ratio of 10.41, a quick ratio of 6.11 and a current ratio of 1.40. The company has a 50 day moving average price of GBX 220.50 and a 200-day moving average price of GBX 214.90. Petershill Partners has a fifty-two week low of GBX 141.40 ($1.79) and a fifty-two week high of GBX 264.50 ($3.35). The stock has a market capitalization of £2.75 billion, a PE ratio of 1,106.52, a PEG ratio of 1.24 and a beta of 0.59.

Petershill Partners Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 21st will be issued a dividend of $0.18 per share. The ex-dividend date is Thursday, November 21st. This represents a yield of 6.21%. This is a positive change from Petershill Partners’s previous dividend of $0.14. Petershill Partners’s dividend payout ratio is currently 5,217.39%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on PHLL. Berenberg Bank reaffirmed a “buy” rating and set a GBX 235 ($2.97) target price on shares of Petershill Partners in a research report on Wednesday, September 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 245 ($3.10) target price on shares of Petershill Partners in a report on Thursday, September 5th.

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.