Hilton Food Group (LON:HFG) Releases Earnings Results

Hilton Food Group (LON:HFG - Get Free Report) released its quarterly earnings results on Tuesday. The company reported GBX 61 ($0.80) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Hilton Food Group had a net margin of 1.22% and a return on equity of 15.15%.

Hilton Food Group Stock Down 0.8 %

Hilton Food Group stock traded down GBX 6.47 ($0.08) during mid-day trading on Friday, reaching GBX 839.53 ($10.99). The stock had a trading volume of 295,254 shares, compared to its average volume of 412,158. The firm has a market capitalization of £751.54 million, a PE ratio of 16.16, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57. Hilton Food Group has a fifty-two week low of GBX 796 ($10.42) and a fifty-two week high of GBX 996 ($13.04). The stock's 50-day simple moving average is GBX 854.05 and its 200-day simple moving average is GBX 884.83. 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 Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 17th will be paid a dividend of GBX 24.90 ($0.33) per share. This is an increase from Hilton Food Group's previous dividend of $9.60. This represents a yield of 2.97%. The ex-dividend date of this dividend is Thursday, April 17th. Hilton Food Group's dividend payout ratio is 63.52%.

Insider Transactions at Hilton Food Group

In related news, insider Mark Allen purchased 5,950 shares of the business's stock in a transaction on Tuesday, April 8th. The stock was acquired at an average price of GBX 835 ($10.93) per share, for a total transaction of £49,682.50 ($65,029.45). 14.33% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on HFG. Shore Capital reiterated a "house stock" rating on shares of Hilton Food Group in a report on Tuesday, April 8th. Berenberg Bank raised their target price on Hilton Food Group from GBX 1,090 ($14.27) to GBX 1,120 ($14.66) and gave the stock a "buy" rating in a research note on Wednesday.

About Hilton Food Group

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.