Hilton Food Group plc (LON:HFG) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $985.00 and traded as high as $1,026.00. Hilton Food Group shares last traded at $1,008.00, with a volume of 46,837 shares traded.
Several brokerages recently commented on HFG. Shore Capital reiterated a “house stock” rating on shares of Hilton Food Group in a research report on Thursday, October 31st. Peel Hunt reiterated a “buy” rating on shares of Hilton Food Group in a research report on Thursday, October 31st. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 950 ($12.41) price target on shares of Hilton Food Group in a research report on Friday, September 6th. Three research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 1,063.75 ($13.90).
The company has a quick ratio of 0.91, a current ratio of 1.23 and a debt-to-equity ratio of 215.65. The stock has a market capitalization of $822.13 million and a PE ratio of 25.52. The company has a 50-day moving average of GBX 1,015.50 and a 200 day moving average of GBX 985.
The business also recently announced a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, October 31st will be issued a GBX 6 ($0.08) dividend. This represents a yield of 0.61%. The ex-dividend date of this dividend is Thursday, October 31st. Hilton Food Group’s payout ratio is currently 0.56%.
In other Hilton Food Group news, insider Philip Heffer sold 360,000 shares of the company’s stock in a transaction on Thursday, October 31st. The stock was sold at an average price of GBX 1,000 ($13.07), for a total value of £3,600,000 ($4,704,037.63).
Hilton Food Group Company Profile (LON:HFG)
Hilton Food Group plc, together with its subsidiaries, engages in the food packing business. The company offers a range of fresh items, such as roasting joints, steaks, chops, and minces. It also provides value-added products comprising barbecue ranges, marinated meats, meat cuts, serving sauces, and ready to cook products.
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