Hilton Food Group’s (HFG) House Stock Rating Reaffirmed at Shore Capital

Shore Capital restated their house stock rating on shares of Hilton Food Group (LON:HFG) in a research report sent to investors on Tuesday, Marketbeat reports.

Hilton Food Group Price Performance

Shares of HFG opened at GBX 857 ($10.95) on Tuesday. The business’s 50-day moving average is GBX 856.74 and its two-hundred day moving average is GBX 886.10. The company has a market capitalization of £767.18 million, a P/E ratio of 16.49, a P/E/G ratio of 17.31 and a beta of 0.57. Hilton Food Group has a fifty-two week low of GBX 796 ($10.17) and a fifty-two week high of GBX 996 ($12.73). 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 announced its quarterly earnings results on Tuesday, April 8th. The company reported GBX 61 ($0.78) earnings per share for the quarter. Hilton Food Group had a return on equity of 15.15% and a net margin of 1.22%. Research analysts predict that Hilton Food Group will post 62.3340321 earnings per share for the current year.

Hilton Food Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, May 29th will be issued a GBX 24.90 ($0.32) dividend. This represents a yield of 2.97%. This is a boost from Hilton Food Group’s previous dividend of $9.60. The ex-dividend date is Thursday, May 29th. Hilton Food Group’s payout ratio is presently 63.52%.

Insiders Place Their Bets

In other Hilton Food Group news, insider Mark Allen bought 5,950 shares of the stock in a transaction on Tuesday, April 8th. The shares were bought at an average price of GBX 835 ($10.67) per share, with a total value of £49,682.50 ($63,483.90). 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.