Insider Buying: Hilton Food Group plc (LON:HFG) Insider Buys £49,682.50 in Stock

Hilton Food Group plc (LON:HFG) insider Mark Allen purchased 5,950 shares of the stock in a transaction on Tuesday, April 8th. The stock was acquired at an average cost of GBX 835 ($10.84) per share, for a total transaction of £49,682.50 ($64,489.23).

Hilton Food Group Stock Up 0.8 %

HFG opened at GBX 846 ($10.98) on Friday. Hilton Food Group plc has a twelve month low of GBX 796 ($10.33) and a twelve month high of GBX 996 ($12.93). The firm has a market cap of £757.33 million, a price-to-earnings ratio of 16.28, a PEG ratio of 17.31 and a beta of 0.57. The firm’s 50-day simple moving average is GBX 854.60 and its 200-day simple moving average is GBX 885.18. The company has a debt-to-equity ratio of 148.82, a quick ratio of 0.88 and a current ratio of 1.11.

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

Hilton Food Group Increases Dividend

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

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Shore Capital reissued a “house stock” rating on shares of Hilton Food Group in a research note on Tuesday. Berenberg Bank upped their price objective on Hilton Food Group from GBX 1,090 ($14.15) to GBX 1,120 ($14.54) and gave the company a “buy” rating in a research note on Wednesday.

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.