Petershill Partners (LON:PHLL) Declares Dividend Increase – $0.18 Per Share

Petershill Partners (LON:PHLL) announced a dividend on Thursday, November 14th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.18 per share on Friday, December 20th. This represents a dividend yield of 6.21%. The ex-dividend date of this dividend is Thursday, November 21st. This is a positive change from Petershill Partners’s previous dividend of $0.14. The official announcement can be accessed at this link.

Petershill Partners Trading Up 1.5 %

Shares of PHLL stock opened at GBX 239 ($3.08) on Friday. The company has a 50 day moving average of GBX 217.77 and a 200-day moving average of GBX 213.80. 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 has a 12-month low of GBX 141.40 ($1.82) and a 12-month high of GBX 239 ($3.08). The firm has a market cap of £2.58 billion, a P/E ratio of 1,023.91, a PEG ratio of 1.24 and a beta of 0.59.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Berenberg Bank restated a “buy” rating and set a GBX 235 ($3.02) price target on shares of Petershill Partners in a research note on Wednesday, September 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 245 ($3.15) price objective on shares of Petershill Partners in a research note 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.