Primary Health Properties PLC (LON:PHP) Insider Richard Howell Acquires 39,455 Shares

Primary Health Properties PLC (LON:PHP – Get Rating) insider Richard Howell acquired 39,455 shares of the business’s stock in a transaction on Thursday, April 6th. The shares were bought at an average price of GBX 101 ($1.25) per share, with a total value of £39,849.55 ($49,490.25).

Richard Howell also recently made the following trade(s):

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• On Wednesday, March 15th, Richard Howell bought 18,776 shares of Primary Health Properties stock. The stock was bought at an average price of GBX 106 ($1.32) per share, for a total transaction of £19,902.56 ($24,717.54).
• On Tuesday, February 28th, Richard Howell purchased 37,827 shares of Primary Health Properties stock. The shares were purchased at an average cost of GBX 109 ($1.35) per share, for a total transaction of £41,231.43 ($51,206.45).

Primary Health Properties Stock Up 3.9 %

Shares of PHP stock opened at GBX 104.60 ($1.30) on Friday. The stock has a market cap of £1.40 billion, a P/E ratio of 5,230.00, a P/E/G ratio of 5.64 and a beta of 0.30. Primary Health Properties PLC has a 12 month low of GBX 95.75 ($1.19) and a 12 month high of GBX 152.30 ($1.89). The company has a 50 day simple moving average of GBX 106.86 and a two-hundred day simple moving average of GBX 110.37. The company has a current ratio of 0.75, a quick ratio of 0.62 and a debt-to-equity ratio of 88.73.

Primary Health Properties Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, May 19th. Stockholders of record on Thursday, March 30th will be paid a GBX 1.68 ($0.02) dividend. This represents a dividend yield of 1.64%. The ex-dividend date is Thursday, March 30th. Primary Health Properties’s dividend payout ratio is currently 35,000.00%.

Analysts Set New Price Targets

Separately, Berenberg Bank reduced their target price on shares of Primary Health Properties from GBX 165 ($2.05) to GBX 125 ($1.55) and set a “hold” rating for the company in a research report on Monday, February 27th.

About Primary Health Properties

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Primary Health Properties (PHP) is the leading investor in modern healthcare properties in the UK & Ireland. PHP is a UK based Real Estate Investment Trust (REIT) with a clear objective to create progressive returns to shareholders through a combination of earnings growth and capital appreciation.

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