Primary Health Properties (PHP)

Sector:

Property Investment Trusts

Index:

FTSE 250

149.00p
   
  • Change Today:
      0.60p
  • 52 Week High: 165.60
  • 52 Week Low: 126.20
  • Currency: UK Pounds
  • Shares Issued: 1,315.16m
  • Volume: 243,737
  • Market Cap: £1,959.59m
  • RiskGrade: 94

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 149.00p
Change Today 0.60p
% Change 0.40 %
52 Week High 165.60
52 Week Low 126.20
Volume 243,737
Shares Issued 1,315.16m
Market Cap £1,959.59m
RiskGrade 94

PHP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
5.86% below the market average5.86% below the market average5.86% below the market average5.86% below the market average5.86% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average
Price Trend
35.78% above the market average35.78% above the market average35.78% above the market average35.78% above the market average35.78% above the market average
56.76% above the sector average56.76% above the sector average56.76% above the sector average56.76% above the sector average56.76% above the sector average
Income
22.10% above the market average22.10% above the market average22.10% above the market average22.10% above the market average22.10% above the market average
76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average
Growth
16.94% above the market average16.94% above the market average16.94% above the market average16.94% above the market average16.94% above the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average

What The Brokers Say

Strong Buy 5
Buy 2
Neutral 1
Sell 0
Strong Sell 0
Total 8
strong_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
  Q3 Q2
Ex-Div 02-Jul-20 02-Apr-20
Paid 21-Aug-20 22-May-20
Amount 1.48p 1.48p

Trades for 01-Oct-2020

Time Volume / Share Price
08:35 108 @ 149.00p
08:31 2,000 @ 149.00p
08:31 6,696 @ 149.00p
08:31 2,140 @ 149.00p
08:31 2 @ 149.00p

PHP Key Personnel

Finance Director Richard Howell

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