Petershill Partners PLC (LON:PHLL – Get Free Report) shares hit a new 52-week high on Monday . The company traded as high as GBX 209.38 ($2.59) and last traded at GBX 208.50 ($2.58), with a volume of 795333 shares changing hands. The stock had previously closed at GBX 208 ($2.57).
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on PHLL shares. JPMorgan Chase & Co. lifted their price objective on shares of Petershill Partners from GBX 247 ($3.05) to GBX 256 ($3.16) and gave the company an “overweight” rating in a report on Friday, April 5th. Berenberg Bank restated a “buy” rating and issued a GBX 200 ($2.47) price target on shares of Petershill Partners in a report on Wednesday, March 27th.
Petershill Partners Stock Performance
Petershill Partners Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, June 14th. Shareholders of record on Thursday, May 9th will be given a dividend of $0.10 per share. 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 payout ratio is currently 130,000.00%.
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.
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