Berenberg Bank Reiterates Buy Rating for Hill & Smith (LON:HILS)

Berenberg Bank reiterated their buy rating on shares of Hill & Smith (LON:HILS - Free Report) in a research note issued to investors on Monday, MarketBeat.com reports. Berenberg Bank currently has a GBX 2,500 ($32.42) target price on the stock.

Separately, Shore Capital reiterated a "hold" rating on shares of Hill & Smith in a research note on Tuesday, January 7th.

Hill & Smith Stock Down 2.3 %

LON HILS traded down GBX 44 ($0.57) during trading hours on Monday, hitting GBX 1,896 ($24.59). 460,434 shares of the company were exchanged, compared to its average volume of 391,927. The company has a 50 day moving average of GBX 1,910.44 and a two-hundred day moving average of GBX 1,981.47. The company has a quick ratio of 0.92, a current ratio of 2.20 and a debt-to-equity ratio of 34.30. The firm has a market cap of £1.53 billion, a price-to-earnings ratio of 19.93 and a beta of 1.31. Hill & Smith has a 52-week low of GBX 1,734 ($22.48) and a 52-week high of GBX 2,330 ($30.21).

Hill & Smith (LON:HILS - Get Free Report) last released its quarterly earnings data on Wednesday, March 12th. The company reported GBX 122.60 ($1.59) earnings per share (EPS) for the quarter. Hill & Smith had a return on equity of 17.39% and a net margin of 9.23%. Equities research analysts anticipate that Hill & Smith will post 129.1287386 earnings per share for the current year.

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Hill & Smith Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 4th. Stockholders of record on Thursday, May 29th will be issued a GBX 32.50 ($0.42) dividend. This is an increase from Hill & Smith's previous dividend of $16.50. This represents a dividend yield of 1.7%. The ex-dividend date is Thursday, May 29th. Hill & Smith's payout ratio is presently 47.30%.

Insider Buying and Selling

In related news, insider Carol Chesney purchased 1,054 shares of the company's stock in a transaction that occurred on Friday, March 14th. The shares were purchased at an average price of GBX 1,842 ($23.88) per share, for a total transaction of £19,414.68 ($25,174.64). Also, insider Alan Giddins acquired 4,225 shares of Hill & Smith stock in a transaction on Wednesday, March 12th. The shares were bought at an average cost of GBX 1,875 ($24.31) per share, with a total value of £79,218.75 ($102,721.41). 1.88% of the stock is currently owned by company insiders.

Hill & Smith Company Profile

Our purpose is to create sustainable infrastructure and safe transport through innovation. Hill & Smith PLC is an international group with leading positions in the supply of infrastructure products and galvanizing services to global markets. Through a focus on leading positions in niche markets we aim to consistently deliver strong returns and shareholder value. Supplying to, and located in, global markets the Group serves customers from facilities in Australia, India, Sweden, the UK and the USA, building a presence in international markets, where countries are upgrading or improving their infrastructure as their economies grow.