Primary Health Properties (LON:PHP) Insider Purchases £206,091.96 in Stock

Key Points

• Insider Richard Howell purchased 231,564 shares of Primary Health Properties stock for £206,091.96 at an average price of GBX 89 per share on September 19th.
• The company's stock is currently down 0.2%, trading at GBX 89.20, with a market capitalization of £2.23 billion and a P/E ratio of 1,238.89.
• Shore Capital has reiterated a "buy" rating on Primary Health Properties, which has a consensus rating of "Buy" and an average price target of GBX 105.

Primary Health Properties Plc (LON:PHP - Get Free Report) insider Richard Howell acquired 231,564 shares of the stock in a transaction dated Friday, September 19th. The shares were purchased at an average price of GBX 89 per share, for a total transaction of £206,091.96.

Richard Howell also recently made the following trade(s):

• On Thursday, July 31st, Richard Howell purchased 70,745 shares of Primary Health Properties stock. The shares were purchased at an average price of GBX 96 per share, for a total transaction of £67,915.20.
• On Thursday, July 31st, Richard Howell purchased 20,849 shares of Primary Health Properties stock. The shares were acquired at an average cost of GBX 96 per share, with a total value of £20,015.04.
• On Thursday, July 31st, Richard Howell bought 9,389 shares of Primary Health Properties stock. The shares were purchased at an average cost of GBX 96 per share, with a total value of £9,013.44.

Primary Health Properties Stock Down 0.2%

Shares of LON PHP traded down GBX 0.20 during mid-day trading on Friday, reaching GBX 89.20. 102,216,930 shares of the company's stock traded hands, compared to its average volume of 11,916,206. The stock has a market cap of £2.23 billion, a P/E ratio of 1,238.89, a PEG ratio of 5.64 and a beta of 0.41. The business has a 50-day simple moving average of GBX 93.33 and a 200 day simple moving average of GBX 96.53. Primary Health Properties Plc has a 1-year low of GBX 85.40 and a 1-year high of GBX 105.50. 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 (LON:PHP - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported GBX 3.50 EPS for the quarter. Primary Health Properties had a negative net margin of 4.84% and a negative return on equity of 0.61%. On average, analysts expect that Primary Health Properties Plc will post 7.0875912 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a "buy" rating on shares of Primary Health Properties in a research note on Wednesday, September 3rd. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of GBX 105.

Primary Health Properties Company Profile

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.

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