Primary Health Properties (LON:PHP) Posts Earnings Results

Primary Health Properties (LON:PHP) issued its quarterly earnings data on Friday. The real estate investment trust reported GBX 7 ($0.09) EPS for the quarter, Digital Look Earnings reports. Primary Health Properties had a negative net margin of 4.84% and a negative return on equity of 0.61%.

Primary Health Properties Price Performance

Shares of LON PHP opened at GBX 94 ($1.18) on Friday. The stock has a market capitalization of £1.26 billion, a price-to-earnings ratio of -146.73, a PEG ratio of 5.64 and a beta of 0.41. Primary Health Properties has a 12 month low of GBX 85.40 ($1.07) and a 12 month high of GBX 105.50 ($1.33). The firm’s 50 day simple moving average is GBX 91.27 and its 200-day simple moving average is GBX 95.01. The company has a debt-to-equity ratio of 96.73, a current ratio of 0.50 and a quick ratio of 0.62.

Primary Health Properties Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, January 9th were paid a dividend of GBX 1.78 ($0.02) per share. This is a boost from Primary Health Properties’s previous dividend of $1.73. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 1.9%. Primary Health Properties’s dividend payout ratio (DPR) is presently -1,092.68%.

Insider Transactions at Primary Health Properties

In other Primary Health Properties news, insider Harry Abraham Hyman bought 3,808 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were purchased at an average price of GBX 93 ($1.17) per share, for a total transaction of £3,541.44 ($4,453.52). Corporate insiders own 2.81% of the company’s stock.

About Primary Health Properties

Primary Health Properties plc is a leading investor in modern primary healthcare properties. The Company acquires or forward funds the development of modern, purpose-built premises that are leased to GP’s, government healthcare bodies, pharmacies and other providers of related healthcare services.