Primary Health Properties Plc (LON:PHP – Get Free Report) insider Richard Howell purchased 54,659 shares of the stock in a transaction dated Friday, October 23rd. The shares were purchased at an average price of GBX 91 per share, with a total value of £49,739.69.
Richard Howell also recently made the following trade(s):
- On Friday, October 23rd, Richard Howell purchased 759 shares of Primary Health Properties stock. The stock was acquired at an average price of GBX 91 per share, with a total value of £690.69.
Primary Health Properties Stock Performance
LON PHP opened at GBX 91.95 on Monday. The company has a market capitalization of £2.39 billion, a PE ratio of 15.33, a price-to-earnings-growth ratio of 5.64 and a beta of 0.79. Primary Health Properties Plc has a twelve month low of GBX 88.30 and a twelve month high of GBX 109.60. The company has a current ratio of 0.88, a quick ratio of 0.62 and a debt-to-equity ratio of 131.37. The business’s 50-day moving average price is GBX 92.63 and its 200 day moving average price is GBX 93.38.
Primary Health Properties (LON:PHP – Get Free Report) last released its earnings results on Thursday, October 15th. The real estate investment trust reported GBX (0.14) earnings per share (EPS) for the quarter. Primary Health Properties had a return on equity of 6.20% and a net margin of 43.30%. On average, research analysts predict that Primary Health Properties Plc will post 7.09 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on the stock. Shore Capital Group reaffirmed a “house stock” rating on shares of Primary Health Properties in a research report on Thursday, July 30th. Berenberg Bank lifted their price target on shares of Primary Health Properties from GBX 128 to GBX 133 and gave the stock a “buy” rating in a research note on Friday, August 14th. Jefferies Financial Group restated a “buy” rating and set a GBX 107 price objective on shares of Primary Health Properties in a research note on Thursday, October 15th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 115 price target on shares of Primary Health Properties in a research report on Friday, July 31st. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Primary Health Properties has a consensus rating of “Moderate Buy” and an average price target of GBX 113.
Read Our Latest Analysis on PHP
About Primary Health Properties
PHP is a leading investor in critical healthcare infrastructure in the UK and Ireland.
The overall objective of the group is to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. PHP has an unbroken 30 year track record of dividend growth.
To achieve this, PHP invests in healthcare real estate let on long-term leases, backed by secure underlying covenants where the majority of rental income is funded directly or indirectly by a government body.
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