Ian Rutter O.B.E Buys 422 Shares of Primary Health Properties PLC (PHP) Stock
Primary Health Properties PLC (LON:PHP) insider Ian Rutter O.B.E bought 422 shares of the company’s stock in a transaction dated Tuesday, June 13th. The stock was bought at an average cost of GBX 114 ($1.49) per share, with a total value of £481.08 ($626.73).
Shares of Primary Health Properties PLC (LON:PHP) traded down 0.87% on Wednesday, reaching GBX 114.00. 398,821 shares of the company were exchanged. The stock’s 50-day moving average is GBX 0.95 and its 200 day moving average is GBX 0.93. Primary Health Properties PLC has a 12-month low of GBX 105.00 and a 12-month high of GBX 116.75. The firm’s market capitalization is GBX 681.93 million.
The company also recently announced a dividend, which will be paid on Friday, August 25th. Investors of record on Thursday, July 13th will be given a GBX 1.31 ($0.02) dividend. The ex-dividend date is Thursday, July 13th. This represents a yield of 1.16%.
PHP has been the subject of a number of research reports. Liberum Capital reissued a “hold” rating and issued a GBX 110 ($1.43) target price on shares of Primary Health Properties PLC in a report on Thursday, April 20th. Peel Hunt reiterated a “buy” rating and issued a GBX 125 ($1.63) price objective on shares of Primary Health Properties PLC in a report on Thursday, April 20th.
About Primary Health Properties PLC
Primary Health Properties PLC (PHP) is a United Kingdom-based real estate investment trust (REIT). The principal activity of the Company is the investment in primary healthcare property in the United Kingdom and the Republic of Ireland. It specializes in the ownership of freehold or long leasehold interests in purpose-built healthcare facilities, which are leased to general practitioners, government healthcare bodies and other associated healthcare users.
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