Primary Health Properties Plc (LON:PHP) Insider Purchases £23,000 in Stock

Primary Health Properties Plc (LON:PHP) insider Harry Abraham Hyman acquired 25,000 shares of the business’s stock in a transaction dated Friday, February 28th. The shares were bought at an average price of GBX 92 ($1.16) per share, for a total transaction of £23,000 ($28,989.16).

Harry Abraham Hyman also recently made the following trade(s):

• On Friday, February 21st, Harry Abraham Hyman bought 3,808 shares of Primary Health Properties stock. The shares were bought at an average cost of GBX 93 ($1.17) per share, for a total transaction of £3,541.44 ($4,463.62).

Primary Health Properties Stock Performance

Shares of LON PHP traded up GBX 2.20 ($0.03) during midday trading on Friday, reaching GBX 94 ($1.18). The company had a trading volume of 10,696,734 shares, compared to its average volume of 6,035,021. Primary Health Properties Plc has a 1 year low of GBX 85.40 ($1.08) and a 1 year high of GBX 105.50 ($1.33). The business’s 50-day simple moving average is GBX 91.22 and its 200 day simple moving average is GBX 95.01. The company has a current ratio of 0.50, a quick ratio of 0.62 and a debt-to-equity ratio of 96.73. The stock has a market cap of £1.26 billion, a P/E ratio of -146.73, a P/E/G ratio of 5.64 and a beta of 0.41.

Primary Health Properties (LON:PHP) last released its earnings results on Friday, February 28th. The real estate investment trust reported GBX 7 ($0.09) earnings per share (EPS) for the quarter. Primary Health Properties had a negative return on equity of 0.61% and a negative net margin of 4.84%. On average, analysts forecast that Primary Health Properties Plc will post 7.0875912 earnings per share for the current fiscal year.

Primary Health Properties Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, January 9th were paid a GBX 1.78 ($0.02) dividend. This represents a dividend yield of 1.9%. This is a boost from Primary Health Properties’s previous dividend of $1.73. The ex-dividend date was Thursday, January 9th. Primary Health Properties’s dividend payout ratio (DPR) is presently -1,092.68%.

About Primary Health Properties

Primary Health Properties plc is a leading investor in modern primary healthcare properties. The Company acquires or forward funds the development of modern, purpose-built premises that are leased to GP’s, government healthcare bodies, pharmacies and other providers of related healthcare services.