Partners Group (OTCMKTS:PGPHF) Shares Gap Down – Here’s What Happened

Shares of Partners Group Holding AG (OTCMKTS:PGPHF) gapped down prior to trading on Friday. The stock had previously closed at $758.6087, but opened at $717.8764. Partners Group shares last traded at $717.8764, with a volume of 126 shares.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. UBS Group cut shares of Partners Group from a “buy” rating to a “neutral” rating in a report on Wednesday, July 8th. The Goldman Sachs Group reiterated a “neutral” rating on shares of Partners Group in a research note on Monday, June 22nd. Finally, Oddo Bhf downgraded Partners Group to a “neutral” rating in a research note on Monday, June 8th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Partners Group presently has an average rating of “Reduce”.

Partners Group Stock Performance

The company has a market capitalization of $18.62 billion and a P/E ratio of 11,964.61. The stock has a fifty day moving average of $844.32 and a 200 day moving average of $953.72.

Partners Group (OTCMKTS:PGPHF) last posted its quarterly earnings data on Friday, August 14th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $11.71 million for the quarter.

Partners Group Company Profile

Partners Group Holding AG is a Switzerland-based global private markets investment manager. The company provides access to private market investments through funds, customized portfolios and other investment solutions designed for institutional investors, sovereign wealth funds, family offices and private-wealth clients.

Its investment activities span private equity, private debt, private real estate and private infrastructure. Partners Group typically invests in companies, properties, infrastructure assets and credit opportunities, working to create value through active ownership, operational improvements and long-term asset management.

Founded in 1996, Partners Group is headquartered in Baar, Switzerland, and serves clients internationally through offices and investment activities across major markets in Europe, the Americas and the Asia-Pacific region.