Primary Health Properties (PHP)

Sector:

Property Investment Trusts

Index:

FTSE 250

151.40p
   
  • Change Today:
      5.40p
  • 52 Week High: 154.60p
  • 52 Week Low: 108.40p
  • Currency: UK Pounds
  • Shares Issued: 1,216.32m
  • Volume: 5,745,690
  • Market Cap: £1,841.51m
  • RiskGrade: 94
  • Beta: 0.32

Primary Health Properties completes two developments

By Duncan Ferris

Date: Tuesday 20 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Primary Health Properties (PHP) on Tuesday reached practical completion on the development of two medical centres at Glynneath in South Wales and Langwith on the Derbyshire and Nottinghamshire border at a total cost of £6.4m.
The developments at Glynneath and Langwith were completed at a respective cost of £4.6m and £1.8m and are let on 20- year leases to the Abertawe Bro Morgannwg University Health Board and the Derbyshire Community Health Services NHS Foundation Trust, respectively.

Following the completion, the FTSE 250-traded company's portfolio now consists of a total of 484 assets with a gross value of £2.35bn, with a contracted rent roll of just under £126m.

Harry Hyman, managing director of PHP, said: "I am pleased to announce the completion of these two new medical centres which provide modern, purpose built facilities for the delivery of a range of primary healthcare needs for patients in Glynneath and Langwith and the immediate surrounding areas. We have a strong pipeline of opportunities in the UK and Ireland and are well positioned to continue to grow our portfolio and to support the healthcare systems in these markets through the provision of modern, primary care infrastructure."

Primary Health Properties' shares were down 0.20% at 130.93p at 0808 BST.

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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 151.40p
Change Today 5.40p
% Change 3.70 %
52 Week High 154.60p
52 Week Low 108.40p
Volume 5,745,690
Shares Issued 1,216.32m
Market Cap £1,841.51m
Beta 0.32
RiskGrade 94

PHP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
88.36% below the market average88.36% below the market average88.36% below the market average88.36% below the market average88.36% below the market average
77.14% below the sector average77.14% below the sector average77.14% below the sector average77.14% below the sector average77.14% below the sector average
Price Trend
78.59% above the market average78.59% above the market average78.59% above the market average78.59% above the market average78.59% above the market average
61.11% above the sector average61.11% above the sector average61.11% above the sector average61.11% above the sector average61.11% above the sector average
Income
11.71% below the market average11.71% below the market average11.71% below the market average11.71% below the market average11.71% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Growth
17.96% below the market average17.96% below the market average17.96% below the market average17.96% below the market average17.96% below the market average
37.14% below the sector average37.14% below the sector average37.14% below the sector average37.14% below the sector average37.14% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 4
Sell 0
Strong Sell 0
Total 7
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 13-Dec-2019

Time Volume / Share Price
16:35 760,658 @ 151.40p
16:29 489 @ 151.40p
16:29 105 @ 151.40p
16:29 2,000 @ 151.40p
16:29 219 @ 151.40p

PHP Key Personnel

Finance Director Richard Howell

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