Hilton Food Group’s (HFG) House Stock Rating Reiterated at Shore Capital

Shore Capital reiterated their house stock rating on shares of Hilton Food Group (LON:HFG) in a research report sent to investors on Tuesday morning, Marketbeat.com reports.

Separately, Berenberg Bank raised their target price on shares of Hilton Food Group from GBX 1,090 ($14.63) to GBX 1,120 ($15.03) and gave the company a “buy” rating in a research note on Wednesday, April 9th.

Hilton Food Group Stock Performance

Shares of HFG stock opened at GBX 891 ($11.96) on Tuesday. The company’s fifty day simple moving average is GBX 867.63 and its 200-day simple moving average is GBX 882.12. Hilton Food Group has a 52 week low of GBX 796 ($10.68) and a 52 week high of GBX 996 ($13.37). The company has a current ratio of 1.11, a quick ratio of 0.88 and a debt-to-equity ratio of 148.82. The company has a market cap of £797.62 million, a PE ratio of 17.15, a P/E/G ratio of 17.31 and a beta of 0.57.

Hilton Food Group (LON:HFG) last issued its earnings results on Tuesday, April 8th. The company reported GBX 61 ($0.82) EPS for the quarter. Hilton Food Group had a net margin of 1.22% and a return on equity of 15.15%. As a group, equities research analysts anticipate that Hilton Food Group will post 62.3340321 EPS for the current year.

Hilton Food Group Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, April 24th. Investors of record on Thursday, April 17th were issued a dividend of GBX 24.90 ($0.33) per share. This represents a yield of 2.97%. This is a positive change from Hilton Food Group’s previous dividend of $9.60. The ex-dividend date of this dividend was Thursday, April 17th. Hilton Food Group’s dividend payout ratio (DPR) is presently 63.52%.

Insider Activity at Hilton Food Group

In other news, insider Mark Allen purchased 5,950 shares of the stock in a transaction that occurred on Tuesday, April 8th. The stock was acquired at an average cost of GBX 835 ($11.21) per share, with a total value of £49,682.50 ($66,687.92). Also, insider Matt Osborne purchased 3,994 shares of the stock in a transaction that occurred on Wednesday, April 23rd. The shares were purchased at an average cost of GBX 892 ($11.97) per share, with a total value of £35,626.48 ($47,820.78). Company insiders own 14.33% of the company’s stock.

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.