Hargreaves Services Plc (LON:HSP) Insider Buys £23,800 in Stock

Hargreaves Services Plc (LON:HSP) insider Gordon Frank Colenso Banham purchased 4,250 shares of Hargreaves Services stock in a transaction dated Wednesday, April 9th. The stock was bought at an average price of GBX 560 ($7.33) per share, with a total value of £23,800 ($31,151.83).

Hargreaves Services Stock Up 3.1 %

Shares of Hargreaves Services stock opened at GBX 594 ($7.77) on Friday. Hargreaves Services Plc has a twelve month low of GBX 479.50 ($6.28) and a twelve month high of GBX 720 ($9.42). The company has a quick ratio of 0.82, a current ratio of 2.06 and a debt-to-equity ratio of 17.75. The company’s 50 day moving average is GBX 637.73 and its 200 day moving average is GBX 593.46. The company has a market cap of £200.51 million, a price-to-earnings ratio of 16.27 and a beta of 0.85.

Hargreaves Services (LON:HSP) last released its quarterly earnings results on Wednesday, January 29th. The company reported GBX 12.23 ($0.16) earnings per share for the quarter. Hargreaves Services had a return on equity of 6.30% and a net margin of 5.81%. Research analysts anticipate that Hargreaves Services Plc will post 42.9487179 EPS for the current year.

Hargreaves Services Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 8th. Shareholders of record on Thursday, March 20th were given a GBX 18.50 ($0.24) dividend. This represents a yield of 2.77%. This is a boost from Hargreaves Services’s previous dividend of $18.00. The ex-dividend date of this dividend was Thursday, March 20th. Hargreaves Services’s dividend payout ratio (DPR) is presently 98.58%.

Hargreaves Services Company Profile

Hargreaves Services plc is a diversified group delivering services to the industrial and property sectors, supporting key industries within the UK and South East Asia. The Company’s three business segments are Services, Hargreaves Land and an investment in a German joint venture, Hargreaves Raw Materials Services GmbH (HRMS).