Hill & Smith PLC (LON:HILS – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,838.73 ($23.10) and traded as high as GBX 1,932 ($24.27). Hill & Smith shares last traded at GBX 1,902 ($23.89), with a volume of 106,460 shares changing hands.
Analysts Set New Price Targets
Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,100 ($26.38) price objective on shares of Hill & Smith in a research report on Tuesday, March 12th.
Check Out Our Latest Stock Report on Hill & Smith
Hill & Smith Trading Up 0.6 %
Hill & Smith Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, July 5th. Investors of record on Thursday, May 30th will be paid a GBX 28 ($0.35) dividend. This represents a dividend yield of 1.51%. This is an increase from Hill & Smith’s previous dividend of $15.00. The ex-dividend date is Thursday, May 30th. Hill & Smith’s dividend payout ratio (DPR) is presently 5,058.82%.
Insiders Place Their Bets
In other news, insider Alan Giddins bought 3,900 shares of the stock in a transaction that occurred on Tuesday, March 12th. The shares were acquired at an average cost of GBX 1,894 ($23.79) per share, for a total transaction of £73,866 ($92,784.83). Company insiders own 1.97% of the company’s stock.
About Hill & Smith
Hill & Smith PLC manufactures and supplies infrastructure products in the United Kingdom, rest of Europe, North America, the Middle East, rest of Asia, and internationally. It operates through three segments: Roads & Security, Engineered Solutions, and Galvanizing Services. The Roads & Security segment supplies products and services to support road and highway infrastructure, including temporary and permanent road safety barriers; renewable energy lighting and power solutions; intelligent traffic solutions; street lighting columns; and bridge parapets, as well as offers security products that includes hostile vehicle mitigation solutions, high security fencing, and automated gate solutions.
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