Shares of Primary Health Properties Plc (LON:PHP - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 95.23 ($1.20) and traded as high as GBX 97.75 ($1.23). Primary Health Properties shares last traded at GBX 95.80 ($1.20), with a volume of 2,496,842 shares changing hands.
Analyst Ratings Changes
Several research firms have recently commented on PHP. Berenberg Bank reiterated a "buy" rating and issued a GBX 103 ($1.29) price target on shares of Primary Health Properties in a research report on Friday, February 9th. JPMorgan Chase & Co. began coverage on shares of Primary Health Properties in a research report on Friday, March 1st. They issued a "neutral" rating and a GBX 105 ($1.32) price target on the stock.
Read Our Latest Stock Analysis on Primary Health Properties
Primary Health Properties Stock Performance
The stock's 50-day moving average is GBX 92.61 and its 200-day moving average is GBX 95.30. The stock has a market cap of £1.28 billion, a price-to-earnings ratio of 4,790.00, a price-to-earnings-growth ratio of 5.64 and a beta of 0.34. The company has a debt-to-equity ratio of 93.62, a current ratio of 0.56 and a quick ratio of 0.62.
Primary Health Properties Dividend Announcement
The company also recently announced a dividend, which will be paid on Friday, May 17th. Investors of record on Thursday, March 28th will be given a dividend of GBX 1.73 ($0.02) per share. The ex-dividend date is Thursday, March 28th. This represents a yield of 1.86%. Primary Health Properties's dividend payout ratio (DPR) is currently 35,000.00%.
Insider Buying and Selling
In related news, insider Bandhana Rawal purchased 27,549 shares of the firm's stock in a transaction on Thursday, February 29th. The shares were bought at an average price of GBX 90 ($1.13) per share, for a total transaction of £24,794.10 ($31,148.37). In related news, insider Bandhana Rawal purchased 27,549 shares of the firm's stock in a transaction on Thursday, February 29th. The shares were bought at an average price of GBX 90 ($1.13) per share, for a total transaction of £24,794.10 ($31,148.37). Also, insider Harry Abraham Hyman purchased 74,890 shares of the firm's stock in a transaction on Friday, April 5th. The stock was bought at an average price of GBX 92 ($1.16) per share, for a total transaction of £68,898.80 ($86,556.28). Over the last 90 days, insiders have bought 124,072 shares of company stock worth $11,359,526. 2.59% of the stock is owned by insiders.
About Primary Health Properties
(
Get Free Report)
Primary Health Properties (PHP) is the leading investor in modern healthcare properties in the UK & Ireland. PHP is a UK based Real Estate Investment Trust (REIT) with a clear objective to create progressive returns to shareholders through a combination of earnings growth and capital appreciation.
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