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

Petershill Partners (LON:PHLL - Get Free Report) 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. The stock had previously closed at GBX 186 ($2.30).

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. JPMorgan Chase & Co. boosted their price objective on Petershill Partners from GBX 247 ($3.05) to GBX 256 ($3.16) and gave the stock an "overweight" rating in a research note on Friday, April 5th. Berenberg Bank reiterated a "buy" rating and set a GBX 200 ($2.47) price objective on shares of Petershill Partners in a research note on Wednesday, March 27th.

Petershill Partners Stock Up 11.3 %

The stock has a market capitalization of £2.32 billion, a price-to-earnings ratio of 20,700.00, a PEG ratio of 1.24 and a beta of 0.61. The business has a fifty day moving average of GBX 181.10 and a 200 day moving average of GBX 165.57. The company has a debt-to-equity ratio of 10.49, a current ratio of 2.67 and a quick ratio of 6.11.

Petershill Partners Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, June 14th. Shareholders of record on Thursday, May 9th will be paid a dividend of $0.10 per share. This represents a yield of 4.63%. This is a boost from Petershill Partners's previous dividend of $0.05. The ex-dividend date is Thursday, May 9th. Petershill Partners's dividend payout ratio is 130,000.00%.

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.