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Hilton Food Group (LON:HFG) Stock Price Passes Above 200 Day Moving Average - Here's Why

Hilton Food Group logo with Consumer Defensive background

Hilton Food Group plc (LON:HFG - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 884.54 ($11.72) and traded as high as GBX 889 ($11.78). Hilton Food Group shares last traded at GBX 884 ($11.71), with a volume of 202,800 shares traded.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on HFG shares. Shore Capital reiterated a "house stock" rating on shares of Hilton Food Group in a research note on Tuesday, April 8th. Berenberg Bank lifted their price objective on Hilton Food Group from GBX 1,090 ($14.44) to GBX 1,120 ($14.84) and gave the company a "buy" rating in a research report on Wednesday, April 9th.

Check Out Our Latest Stock Report on Hilton Food Group

Hilton Food Group Trading Up 0.2 %

The company has a fifty day simple moving average of GBX 854.07 and a two-hundred day simple moving average of GBX 884.25. The company has a market capitalization of £795.83 million, a P/E ratio of 17.11, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57. The company has a debt-to-equity ratio of 148.82, a current ratio of 1.11 and a quick ratio of 0.88.

Hilton Food Group (LON:HFG - Get Free Report) last announced its earnings results on Tuesday, April 8th. The company reported GBX 61 ($0.81) earnings per share (EPS) for the quarter. Hilton Food Group had a return on equity of 15.15% and a net margin of 1.22%. On average, analysts forecast that Hilton Food Group plc will post 62.3340321 earnings per share for the current fiscal year.

Hilton Food Group Increases Dividend

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

Insider Buying and Selling at Hilton Food Group

In other Hilton Food Group news, insider Mark Allen purchased 5,950 shares of the business's stock in a transaction dated Tuesday, April 8th. The stock was bought at an average cost of GBX 835 ($11.06) per share, for a total transaction of £49,682.50 ($65,830.79). Corporate insiders own 14.33% of the company's stock.

Hilton Food Group Company Profile

(Get Free Report)

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.

See Also

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