Primary Health Properties Plc (LON:PHP) Insider Acquires £14,110.35 in Stock

Key Points

• Insider Harry Abraham Hyman purchased 14,853 shares of Primary Health Properties Plc stock at an average price of GBX 95, totaling £14,110.35.
• The company's shares have recently experienced a decline of 1.1%, trading at GBX 94, with a market capitalization of £1.26 billion.
• Analysts from Shore Capital have reissued a "buy" rating for shares of Primary Health Properties, indicating positive outlook despite recent trading challenges.

Primary Health Properties Plc (LON:PHP - Get Free Report) insider Harry Abraham Hyman acquired 14,853 shares of the business's stock in a transaction on Monday, August 11th. The stock was acquired at an average cost of GBX 95 ($1.29) per share, for a total transaction of £14,110.35 ($19,124.90).

Harry Abraham Hyman also recently made the following trade(s):

• On Monday, August 11th, Harry Abraham Hyman purchased 13,360 shares of Primary Health Properties stock. The shares were purchased at an average cost of GBX 95 ($1.29) per share, for a total transaction of £12,692 ($17,202.49).
• On Friday, August 1st, Harry Abraham Hyman purchased 25,660 shares of Primary Health Properties stock. The shares were purchased at an average cost of GBX 96 ($1.30) per share, for a total transaction of £24,633.60 ($33,387.91).

Primary Health Properties Stock Up 0.2%

Shares of LON PHP traded up GBX 0.16 ($0.00) during mid-day trading on Friday, reaching GBX 91.51 ($1.24). 47,360,852 shares of the company were exchanged, compared to its average volume of 9,084,457. The company has a quick ratio of 0.62, a current ratio of 0.50 and a debt-to-equity ratio of 96.73. The stock has a market cap of £1.23 billion, a price-to-earnings ratio of -142.84, a P/E/G ratio of 5.64 and a beta of 0.41. Primary Health Properties Plc has a 1 year low of GBX 85.40 ($1.16) and a 1 year high of GBX 105.50 ($1.43). The firm has a 50-day moving average of GBX 97.50 and a 200 day moving average of GBX 96.72.

Primary Health Properties (LON:PHP - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The real estate investment trust reported GBX 3.50 ($0.05) earnings per share for the quarter. Primary Health Properties had a negative return on equity of 0.61% and a negative net margin of 4.84%. On average, research analysts expect that Primary Health Properties Plc will post 7.0875912 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Shore Capital reissued a "buy" rating on shares of Primary Health Properties in a research report on Thursday, August 7th.

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.