Petershill Partners (LON:PHLL) Reaches New 12-Month High – Still a Buy?

Petershill Partners (LON:PHLL) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 284.50 ($3.51) and last traded at GBX 284 ($3.51), with a volume of 219368 shares trading hands. The stock had previously closed at GBX 280 ($3.46).

Petershill Partners Price Performance

The company’s 50-day simple moving average is GBX 252.93 and its 200 day simple moving average is GBX 229.61. The company has a market capitalization of £3.05 billion, a P/E ratio of 1,226.09, a P/E/G ratio of 1.24 and a beta of 0.59. The company has a quick ratio of 6.11, a current ratio of 1.40 and a debt-to-equity ratio of 10.41.

Petershill Partners Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, November 21st were issued a $0.18 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This is a boost from Petershill Partners’s previous dividend of $0.14. This represents a yield of 6.21%. Petershill Partners’s dividend payout ratio is currently 5,217.39%.

Insider Buying and Selling at Petershill Partners

In other news, insider Naguib Kheraj acquired 28,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was acquired at an average cost of GBX 255 ($3.15) per share, with a total value of £71,400 ($88,191.70). Corporate insiders own 0.72% of the company’s stock.

Petershill Partners Company Profile

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.