Petershill Partners (LON:PHLL) to Issue Dividend Increase – $0.14 Per Share

Petershill Partners (LON:PHLL) announced a dividend on Tuesday, September 17th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 26th will be given a dividend of $0.14 per share on Thursday, October 31st. This represents a yield of 4.83%. The ex-dividend date is Thursday, September 26th. This is a boost from Petershill Partners’s previous dividend of $0.10. The official announcement can be seen at this link.

Petershill Partners Stock Performance

LON PHLL opened at GBX 223.50 ($2.99) on Wednesday. The firm has a market capitalization of £2.41 billion, a P/E ratio of 965.22, a PEG ratio of 1.24 and a beta of 0.59. The stock has a 50-day simple moving average of GBX 218.71 and a two-hundred day simple moving average of GBX 206.39. The company has a debt-to-equity ratio of 10.41, a quick ratio of 6.11 and a current ratio of 1.40. Petershill Partners has a fifty-two week low of GBX 140 ($1.87) and a fifty-two week high of GBX 229 ($3.07).

Analyst Ratings Changes

Several research firms have recently weighed in on PHLL. Berenberg Bank reaffirmed a “buy” rating and set a GBX 235 ($3.15) target price on shares of Petershill Partners in a report on Wednesday, September 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 245 ($3.28) price objective on shares of Petershill Partners in a report on Thursday, September 5th.

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.