Petershill Partners PLC (LON:PHLL – Get Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 214.50 ($2.69) and last traded at GBX 212 ($2.66), with a volume of 585550 shares. The stock had previously closed at GBX 207 ($2.60).
Analysts Set New Price Targets
PHLL has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their target price on Petershill Partners from GBX 247 ($3.10) to GBX 256 ($3.22) and gave the stock an “overweight” rating in a report on Friday, April 5th. Berenberg Bank restated a “buy” rating and set a GBX 200 ($2.51) target price on shares of Petershill Partners in a report on Wednesday, March 27th.
Read Our Latest Stock Report on PHLL
Petershill Partners Price Performance
Petershill Partners Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, June 14th. Shareholders of record on Thursday, May 9th will be issued a $0.10 dividend. This represents a yield of 4.63%. The ex-dividend date is Thursday, May 9th. This is an increase from Petershill Partners’s previous dividend of $0.05. Petershill Partners’s dividend payout ratio (DPR) is currently 130,000.00%.
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.
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