Mark Allen Acquires 5,950 Shares of Hilton Food Group plc (LON:HFG) Stock

Hilton Food Group plc (LON:HFG) insider Mark Allen bought 5,950 shares of the company’s stock in a transaction dated Tuesday, April 8th. The shares were purchased at an average price of GBX 835 ($10.84) per share, with a total value of £49,682.50 ($64,489.23).

Hilton Food Group Stock Up 0.8 %

LON:HFG opened at GBX 846 ($10.98) on Friday. The stock’s fifty day simple moving average is GBX 854.60 and its 200-day simple moving average is GBX 885.18. The firm has a market capitalization of £757.33 million, a P/E ratio of 16.28, a P/E/G ratio of 17.31 and a beta of 0.57. The company has a quick ratio of 0.88, a current ratio of 1.11 and a debt-to-equity ratio of 148.82. Hilton Food Group plc has a 12-month low of GBX 796 ($10.33) and a 12-month high of GBX 996 ($12.93).

Hilton Food Group (LON:HFG) last posted its earnings results on Tuesday, April 8th. The company reported GBX 61 ($0.79) earnings per share (EPS) for the quarter. Hilton Food Group had a return on equity of 15.15% and a net margin of 1.22%. Equities research analysts expect that Hilton Food Group plc will post 62.3340321 earnings per share for the current year.

Hilton Food Group Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 24th. Shareholders of record on Thursday, April 17th will be paid a GBX 24.90 ($0.32) dividend. This represents a yield of 2.97%. The ex-dividend date is Thursday, April 17th. This is an increase from Hilton Food Group’s previous dividend of $9.60. Hilton Food Group’s dividend payout ratio is presently 63.52%.

Analyst Ratings Changes

Several analysts have weighed in on the company. Berenberg Bank boosted their price objective on Hilton Food Group from GBX 1,090 ($14.15) to GBX 1,120 ($14.54) and gave the stock a “buy” rating in a report on Wednesday. Shore Capital reiterated a “house stock” rating on shares of Hilton Food Group in a research report on Tuesday.

Hilton Food Group Company Profile

Hilton Food Group plc is a leading international food and supply chain services partner. We partner with leading retailers, brands and food service partners across the world.

We offer a unique multi-category proposition of outstanding protein products including meat, seafood, vegan and vegetarian, and easier meals.