Primary Health Properties (PHP) Hits New 1-Year Low at $108.60

Primary Health Properties (LON:PHP)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 108.60 ($1.53) and last traded at GBX 109.20 ($1.54), with a volume of 769541 shares. The stock had previously closed at GBX 1.09 ($0.02).

PHP has been the subject of a number of research reports. Peel Hunt reiterated a “buy” rating and set a GBX 125 ($1.77) target price on shares of Primary Health Properties in a report on Wednesday, February 21st. Liberum Capital restated a “hold” rating and set a GBX 120 ($1.70) price objective on shares of Primary Health Properties in a research report on Monday, January 8th. Finally, Jefferies Group restated a “buy” rating and set a GBX 126 ($1.78) price objective on shares of Primary Health Properties in a research report on Thursday, January 18th.

Primary Health Properties (LON:PHP) last issued its quarterly earnings data on Thursday, February 15th. The real estate investment trust reported GBX 5.20 ($0.07) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of GBX 5.20 ($0.07). The firm had revenue of GBX 7,250 million during the quarter. Primary Health Properties had a net margin of 127.96% and a return on equity of 16.99%.



The business also recently disclosed a dividend, which will be paid on Friday, May 25th. Shareholders of record on Thursday, April 5th will be given a dividend of GBX 1.35 ($0.02) per share. The ex-dividend date is Thursday, April 5th. This represents a yield of 1.23%.

COPYRIGHT VIOLATION WARNING: This article was published by Dakota Financial News and is the property of of Dakota Financial News. If you are accessing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright legislation. The correct version of this article can be accessed at https://dakotafinancialnews.com/2018/04/13/primary-health-properties-php-hits-new-1-year-low-at-108-60.html.

About Primary Health Properties

Primary Health Properties PLC (?PHP?) is a UK Real Estate Investment Trust (?REIT?) and the leading investor in modern primary healthcare premises. The objective of the Group is to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. PHP achieves this by investing in healthcare real estate in the UK and Republic of Ireland let on long term leases backed by a secure underlying covenant funded mostly by government bodies.

Receive News & Ratings for Primary Health Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Primary Health Properties and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply