Primary Health Properties (LON:PHP) Issues Earnings Results

Primary Health Properties (LON:PHPGet Free Report) posted its quarterly earnings data on Friday. The real estate investment trust reported GBX 7 ($0.09) earnings per share for the quarter, Digital Look Earnings reports. Primary Health Properties had a negative net margin of 4.84% and a negative return on equity of 0.61%.

Primary Health Properties Stock Performance

Primary Health Properties stock opened at GBX 94 ($1.18) on Friday. The firm has a market capitalization of £1.26 billion, a P/E ratio of -146.73, a price-to-earnings-growth ratio of 5.64 and a beta of 0.41. The company’s 50-day moving average is GBX 91.27 and its 200 day moving average is GBX 95.01. Primary Health Properties has a 1-year low of GBX 85.40 ($1.07) and a 1-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 company also recently disclosed 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. This is a positive change from Primary Health Properties’s previous dividend of $1.73. This represents a yield of 1.9%. The ex-dividend date of this dividend was Thursday, January 9th. Primary Health Properties’s dividend payout ratio is -1,092.68%.

Insider Transactions at Primary Health Properties

In related news, insider Harry Abraham Hyman bought 25,000 shares of Primary Health Properties stock in a transaction dated Friday, February 28th. The shares were acquired at an average cost of GBX 92 ($1.16) per share, with a total value of £23,000 ($28,927.18). Corporate insiders own 2.81% of the company’s stock.

Primary Health Properties Company Profile

(Get Free Report)

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.

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