Halma plc (LON:HLMA) Insider Acquires £212,720 in Stock

Halma plc (LON:HLMA - Get Free Report) insider Carole Cran bought 8,000 shares of the company's stock in a transaction dated Monday, January 13th. The shares were acquired at an average cost of GBX 2,659 ($32.46) per share, with a total value of £212,720 ($259,699.67).

Halma Stock Performance

Shares of LON:HLMA traded up GBX 16 ($0.20) on Tuesday, reaching GBX 2,663 ($32.51). The company's stock had a trading volume of 687,969 shares, compared to its average volume of 5,231,350. The stock has a market capitalization of £10.04 billion, a P/E ratio of 3,750.70, a PEG ratio of 2.93 and a beta of 0.53. Halma plc has a 52-week low of GBX 2,136 ($26.08) and a 52-week high of GBX 2,815 ($34.37). The stock's 50-day moving average is GBX 2,669.42 and its two-hundred day moving average is GBX 2,610.46. The company has a debt-to-equity ratio of 45.83, a current ratio of 2.45 and a quick ratio of 1.51.

Halma Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, December 19th will be issued a GBX 9 ($0.11) dividend. This represents a yield of 0.36%. The ex-dividend date of this dividend is Thursday, December 19th. Halma's dividend payout ratio (DPR) is currently 3,098.59%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on HLMA shares. JPMorgan Chase & Co. upgraded Halma to a "neutral" rating and set a GBX 2,600 ($31.74) target price on the stock in a research report on Friday, December 6th. Shore Capital reaffirmed a "hold" rating on shares of Halma in a research report on Thursday, November 21st. Finally, Berenberg Bank lifted their price target on shares of Halma from GBX 2,450 ($29.91) to GBX 2,700 ($32.96) and gave the company a "hold" rating in a research report on Thursday, December 5th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of GBX 2,587.50 ($31.59).

Halma Company Profile

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in: - Safety - Protecting people's safety and the environment as populations grow, and enhancing worker safety. - Environment - Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research. - Health - Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes. Halma employs over 8,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.