Hilton Food Group (LON:HFG) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Hilton Food Group plc (LON:HFG) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 884.54 ($11.74) and traded as high as GBX 889 ($11.80). Hilton Food Group shares last traded at GBX 884 ($11.73), with a volume of 202,800 shares changing hands.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HFG. Berenberg Bank boosted their target price on Hilton Food Group from GBX 1,090 ($14.46) to GBX 1,120 ($14.86) and gave the stock a “buy” rating in a report on Wednesday, April 9th. Shore Capital restated a “house stock” rating on shares of Hilton Food Group in a research note on Tuesday, April 8th.

Hilton Food Group Stock Performance

The stock has a market cap of £791.35 million, a P/E ratio of 17.01, a P/E/G ratio of 17.31 and a beta of 0.57. The firm has a 50 day moving average of GBX 853.61 and a two-hundred day moving average of GBX 884.54. 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 posted its quarterly earnings data on Tuesday, April 8th. The company reported GBX 61 ($0.81) earnings per share for the quarter. Hilton Food Group had a return on equity of 15.15% and a net margin of 1.22%. On average, research analysts predict that Hilton Food Group plc will post 62.3340321 EPS for the current fiscal year.

Hilton Food Group Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 24th. Shareholders of record on Thursday, April 17th will be given a GBX 24.90 ($0.33) dividend. This represents a yield of 2.97%. This is a positive change from Hilton Food Group’s previous dividend of $9.60. The ex-dividend date is Thursday, April 17th. Hilton Food Group’s dividend payout ratio (DPR) is currently 63.52%.

Insider Activity

In other news, insider Mark Allen acquired 5,950 shares of the stock in a transaction dated Tuesday, April 8th. The shares were acquired at an average cost of GBX 835 ($11.08) per share, for a total transaction of £49,682.50 ($65,918.14). 14.33% of the stock is owned by company insiders.

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.