Petershill Partners PLC (LON:PHLL – Get Free Report) reached a new 52-week high during trading 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).
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the stock. Berenberg Bank reissued a “buy” rating and set a GBX 200 ($2.51) price objective on shares of Petershill Partners in a report on Wednesday, March 27th. JPMorgan Chase & Co. raised 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 research report on Friday, April 5th.
Get Our Latest Stock Report on PHLL
Petershill Partners Trading Up 2.2 %
Petershill Partners Increases Dividend
The company also recently declared a dividend, which will be paid on Friday, June 14th. Shareholders of record on Thursday, May 9th will be issued a dividend of $0.10 per share. The ex-dividend date is Thursday, May 9th. This represents a yield of 4.63%. This is an increase from Petershill Partners’s previous dividend of $0.05. Petershill Partners’s payout ratio 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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