Hunting PLC (HTG) To Go Ex-Dividend on April 10th

Hunting PLC (LON:HTG) announced a dividend on Thursday, March 6th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 10th will be paid a dividend of $0.06 per share on Friday, May 9th. This represents a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, April 10th. This is a 9.1% increase from Hunting’s previous dividend of $0.06. The official announcement can be seen at this link.

Hunting Trading Up 3.4 %

HTG opened at GBX 274.09 ($3.49) on Tuesday. Hunting has a 52-week low of GBX 250 ($3.18) and a 52-week high of GBX 465.37 ($5.92). The company has a quick ratio of 2.08, a current ratio of 2.69 and a debt-to-equity ratio of 11.64. The firm has a market capitalization of £562.01 million, a P/E ratio of 4.57, a P/E/G ratio of 1.06 and a beta of 1.07. The firm’s 50 day moving average is GBX 312.87 and its 200-day moving average is GBX 322.87.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on HTG shares. Canaccord Genuity Group restated a “buy” rating and set a GBX 600 ($7.64) price objective on shares of Hunting in a report on Thursday, March 6th. Berenberg Bank lifted their price objective on shares of Hunting from GBX 480 ($6.11) to GBX 490 ($6.24) and gave the stock a “buy” rating in a report on Thursday, March 6th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Hunting has a consensus rating of “Buy” and a consensus price target of GBX 520 ($6.62).

Insider Activity at Hunting

In other news, insider Arthur James Johnson sold 470,771 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of GBX 295 ($3.76), for a total value of £1,388,774.45 ($1,767,788.25). 18.20% of the stock is owned by insiders.

About Hunting

Hunting is a global precision engineering group, which provides quality-assured products and services for the energy, aviation, commercial space, defence, medical, and power generation sectors.

Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry.

Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment.

Our people are our most important asset.