Insider Buying: Primary Health Properties Plc (LON:PHP) Insider Purchases 3,808 Shares of Stock

Primary Health Properties Plc (LON:PHP) insider Harry Abraham Hyman bought 3,808 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was bought at an average cost of GBX 93 ($1.17) per share, for a total transaction of £3,541.44 ($4,469.26).

Primary Health Properties Price Performance

PHP stock opened at GBX 92.25 ($1.16) on Tuesday. The firm has a 50 day simple moving average of GBX 91.19 and a two-hundred day simple moving average of GBX 95.02. The stock has a market cap of £1.24 billion, a PE ratio of -144.00, a P/E/G ratio of 5.64 and a beta of 0.41. Primary Health Properties Plc has a one year low of GBX 85.40 ($1.08) and a one year high of GBX 105.50 ($1.33). The company has a debt-to-equity ratio of 96.73, a current ratio of 0.50 and a quick ratio of 0.62.

Primary Health Properties Increases Dividend

The business also recently announced a dividend, which was paid on Friday, February 21st. Investors of record on Thursday, January 9th were given a GBX 1.78 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, January 9th. This is a positive change from Primary Health Properties’s previous dividend of $1.73. This represents a yield of 1.9%. Primary Health Properties’s payout ratio is -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.