Primary Health Properties (PHP)

Sector:

Property Investment Trusts

Index:

FTSE 250

139.80p
   
  • Change Today:
    -2.20p
  • 52 Week High: 143.20
  • 52 Week Low: 108.20
  • Currency: UK Pounds
  • Shares Issued: 1,214.41m
  • Volume: 1,401,278
  • Market Cap: £1,697.75m
  • RiskGrade: 74
  • Beta: 0.25

FTSE 250 movers: Kier climbs, Sirius Minerals slips

By Duncan Ferris

Date: Tuesday 18 Jun 2019

LONDON (ShareCast) - (Sharecast News) - London's FTSE 250 edged up by 0.49% to 19,250.56 in afternoon trading on Tuesday, with Kier leading the index higher.
The construction group led the risers with something of a recovery after slumping during the previous session, when it had suspended its dividend and said it would cut about 1,200 jobs as it looks to reduce debt and deliver annual cost savings of around £55m from 2021, simplifying its portfolio by selling or substantially exiting non-core activities.

Capital & Counties climbed following reports that Canary Wharf Group was in discussions to buy a large part of its 77-acre housing development site at Earl's Court.

Meanwhile, Telecom Plus rallied as the utility supplier reported a 4.9% increase in full-year profit to £43m.

David Madden, market analyst at CMC Markets, said: "The outlook is optimistic too as the group projects that client and services growth will be 5% and 10% respectively. Even though switching is common practice in the sector, Telecom Plus's rate remains below the industry's average - which is a clear sign that clients are happy with the service."

IWG crept higher after founder and chief executive Mark Dixon bought £1m of shares in the office space services company over the last two days at an average price of 334p.

Sirius Minerals was the top faller, while Primary Health Properties followed close behind after announcing the launch of a £150m offering of convertible bonds due 2025 late on Monday night, with the proceeds intended to be used to repay the company's senior unsecured bonds due 2019 and for general corporate purposes.

Plus500 was also trading lower, after a shareholder revolt at its annual meeting, with more than 20% of votes cast against the re-election of nominations committee chair Steven Baldwin and 14% cast against the re-election of chair Penelope Judd.

Finally, transport operator Go-Ahead Group was lower after Rail, Maritime and Transport (RMT) union members of its Bluestar bus firm in Hampshire began a 24-hour strike over a pay dispute.

Market Movers

FTSE 250 (MCX) 19,250.56 0.49%


FTSE 250 - Risers

Kier Group (KIE) 114.58p 6.10%
Capital & Counties Properties (CAPC) 220.30p 5.16%
Premier Oil (PMO) 72.59p 4.33%
Just Group (JUST) 55.20p 4.15%
Drax Group (DRX) 292.80p 3.32%0
Telecom Plus (TEP) 1,510.00p 3.28%
Polypipe Group (PLP) 451.20p 2.87%
Pennon Group (PNN) 777.80p 2.75%
Pets at Home Group (PETS) 181.20p 2.66%
IWG (IWG) 356.10p 2.62%

FTSE 250 - Fallers

Sirius Minerals (SXX) 13.61p -7.10%
Primary Health Properties (PHP) 133.60p -3.88%
Plus500 Ltd (DI) (PLUS) 568.40p -3.63%
Contour Global (GLO) 190.00p -3.55%
Go-Ahead Group (GOG) 1,931.00p -2.47%
Metro Bank (MTRO) 552.94p -2.13%
Intu Properties (INTU) 85.50p -2.13%
RHI Magnesita N.V. (DI) (RHIM) 4,500.00p -2.09%
Syncona Limited NPV (SYNC) 235.25p -1.98%
Playtech (PTEC) 409.20p -1.82%

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PHP Market Data

Currency UK Pounds
Share Price 139.80p
Change Today -2.20p
% Change -1.55 %
52 Week High 143.20
52 Week Low 108.20
Volume 1,401,278
Shares Issued 1,214.41m
Market Cap £1,697.75m
Beta 0.25
RiskGrade 74

PHP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.13% below the market average87.13% below the market average87.13% below the market average87.13% below the market average87.13% below the market average
65.71% below the sector average65.71% below the sector average65.71% below the sector average65.71% below the sector average65.71% below the sector average
Price Trend
75.39% above the market average75.39% above the market average75.39% above the market average75.39% above the market average75.39% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Income
6.16% below the market average6.16% below the market average6.16% below the market average6.16% below the market average6.16% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Growth
21.04% below the market average21.04% below the market average21.04% below the market average21.04% below the market average21.04% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 3
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PHP Dividends

  Latest Previous
  Q4 Q3
Ex-Div 10-Oct-19 11-Jul-19
Paid 22-Nov-19 23-Aug-19
Amount 1.40p 1.40p

Trades for 21-Nov-2019

Time Volume / Share Price
16:35 502,995 @ 139.80p
16:29 91 @ 140.00p
16:29 189 @ 139.80p
16:29 140 @ 139.80p
16:29 2 @ 139.80p

PHP Key Personnel

Finance Director Richard Howell

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