Insider Selling: High Liner Foods Inc (TSE:HLF) Insider Sells C$3,140,190.00 in Stock

High Liner Foods Inc (TSE:HLF) insider High Liner Foods Incorporated sold 184,500 shares of the stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of C$17.02, for a total transaction of C$3,140,190.00.

High Liner Foods Stock Down 0.5 %

Shares of High Liner Foods stock opened at C$16.95 on Monday. The company has a debt-to-equity ratio of 55.83, a current ratio of 2.66 and a quick ratio of 0.38. High Liner Foods Inc has a 1-year low of C$12.25 and a 1-year high of C$17.50. The business’s fifty day moving average price is C$16.13 and its two-hundred day moving average price is C$14.94. The company has a market capitalization of C$355.25 million, a P/E ratio of 6.02 and a beta of 0.89.

High Liner Foods Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Saturday, March 15th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date was Wednesday, March 5th. High Liner Foods’s dividend payout ratio is currently 21.30%.

Analysts Set New Price Targets

Separately, BMO Capital Markets raised their price target on shares of High Liner Foods from C$14.50 to C$16.40 in a research note on Thursday, December 19th.

About High Liner Foods

High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co labels, and are available in most grocery and club stores.