Petershill Partners (LON:PHLL) Hits New 52-Week High at $202.50

Petershill Partners (LON:PHLL) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 202.50 ($2.50) and last traded at GBX 202 ($2.50), with a volume of 1900253 shares changing hands. The stock had previously closed at GBX 186 ($2.30).

Wall Street Analyst Weigh In

Several research firms recently weighed in on PHLL. JPMorgan Chase & Co. raised their price objective on Petershill Partners from GBX 247 ($3.05) to GBX 256 ($3.16) and gave the company an “overweight” rating in a report on Friday, April 5th. Berenberg Bank reissued a “buy” rating and issued a GBX 200 ($2.47) price objective on shares of Petershill Partners in a research report on Wednesday, March 27th.

Petershill Partners Trading Up 8.6 %

The firm’s 50-day simple moving average is GBX 180.34 and its 200 day simple moving average is GBX 165.15. The firm has a market cap of £2.26 billion, a P/E ratio of 20,200.00, a price-to-earnings-growth ratio of 1.24 and a beta of 0.61. The company has a quick ratio of 6.11, a current ratio of 2.67 and a debt-to-equity ratio of 10.49.

Petershill Partners Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 14th. Shareholders of record on Thursday, May 9th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a yield of 4.63%. This is an increase from Petershill Partners’s previous dividend of $0.05. Petershill Partners’s dividend payout ratio (DPR) is currently 130,000.00%.

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.