Hilton Food Group plc (HFG) Insider Philip Heffer Sells 50,296 Shares

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Hilton Food Group plc (LON:HFG) insider Philip Heffer sold 50,296 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of GBX 990 ($12.94), for a total transaction of £497,930.40 ($650,634.26).

Shares of LON:HFG opened at GBX 1,006 ($13.15) on Friday. The company has a market capitalization of $820.91 million and a P/E ratio of 25.47. Hilton Food Group plc has a fifty-two week low of GBX 870 ($11.37) and a fifty-two week high of GBX 1,020 ($13.33). The company has a debt-to-equity ratio of 63.36, a quick ratio of 0.91 and a current ratio of 1.23.

The business also recently disclosed a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, May 30th will be issued a dividend of GBX 15.80 ($0.21) per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a yield of 1.73%. This is a boost from Hilton Food Group’s previous dividend of $5.60. Hilton Food Group’s dividend payout ratio (DPR) is presently 0.53%.

Several analysts recently weighed in on the stock. Numis Securities raised shares of Hilton Food Group to a “buy” rating in a report on Wednesday. HSBC raised their target price on shares of Hilton Food Group from GBX 920 ($12.02) to GBX 1,030 ($13.46) and gave the company a “hold” rating in a report on Tuesday, April 23rd. Shore Capital reaffirmed a “buy” rating on shares of Hilton Food Group in a report on Thursday, January 10th. Finally, Peel Hunt reaffirmed a “hold” rating on shares of Hilton Food Group in a report on Wednesday, March 27th.

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Hilton Food Group Company Profile

Hilton Food Group plc, together with its subsidiaries, engages in the retail meat 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, as well as trades in meat products.

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