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

Petershill Partners (LON:PHLL)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 286.50 ($3.57) and last traded at GBX 274.50 ($3.42), with a volume of 72299 shares changing hands. The stock had previously closed at GBX 274.50 ($3.42).

Petershill Partners Trading Up 1.1 %

The company’s fifty day simple moving average is GBX 255.14 and its two-hundred day simple moving average is GBX 231.47. The company has a market capitalization of £2.96 billion, a price-to-earnings ratio of 1,193.48, a price-to-earnings-growth 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 paid a dividend of $0.18 per share. This represents a yield of 6.21%. The ex-dividend date of this dividend was Thursday, November 21st. This is an increase from Petershill Partners’s previous dividend of $0.14. Petershill Partners’s dividend payout ratio (DPR) is presently 5,217.39%.

Insiders Place Their Bets

In related news, insider Naguib Kheraj bought 28,000 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were purchased at an average cost of GBX 255 ($3.17) per share, for a total transaction of £71,400 ($88,894.42). Corporate insiders own 0.72% of the company’s stock.

About Petershill Partners

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.