David Anderson Buys 2,448 Shares of Hargreaves Services Plc (LON:HSP) Stock

Hargreaves Services Plc (LON:HSP) insider David Anderson bought 2,448 shares of the firm’s stock in a transaction on Friday, April 11th. The stock was acquired at an average price of GBX 581 ($7.69) per share, for a total transaction of £14,222.88 ($18,823.29).

Hargreaves Services Stock Up 1.4 %

Shares of LON:HSP opened at GBX 584 ($7.73) on Wednesday. The company has a market capitalization of £197.13 million, a PE ratio of 15.99 and a beta of 0.85. The company has a debt-to-equity ratio of 17.75, a quick ratio of 0.82 and a current ratio of 2.06. The company has a fifty day moving average of GBX 635.53 and a 200-day moving average of GBX 593.75. Hargreaves Services Plc has a 52-week low of GBX 479.50 ($6.35) and a 52-week high of GBX 720 ($9.53).

Hargreaves Services (LON:HSP) last announced its quarterly earnings results on Wednesday, January 29th. The company reported GBX 12.23 ($0.16) earnings per share (EPS) for the quarter. Hargreaves Services had a net margin of 5.81% and a return on equity of 6.30%. On average, equities analysts predict that Hargreaves Services Plc will post 42.9487179 EPS for the current fiscal year.

Hargreaves Services Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 8th. Stockholders of record on Thursday, March 20th were given a dividend of GBX 18.50 ($0.24) per share. This represents a dividend yield of 2.77%. This is an increase from Hargreaves Services’s previous dividend of $18.00. The ex-dividend date of this dividend was Thursday, March 20th. Hargreaves Services’s dividend payout ratio (DPR) is 98.58%.

Hargreaves Services Company Profile

Hargreaves Services plc is a diversified group delivering services to the industrial and property sectors, supporting key industries within the UK and South East Asia. The Company’s three business segments are Services, Hargreaves Land and an investment in a German joint venture, Hargreaves Raw Materials Services GmbH (HRMS).