Hilton Food Group (LON:HFG) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Hilton Food Group plc (LON:HFG) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 872.38 ($11.97) and traded as high as GBX 878 ($12.05). Hilton Food Group shares last traded at GBX 877 ($12.04), with a volume of 194,466 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts have issued reports on HFG shares. Shore Capital reiterated a “house stock” rating on shares of Hilton Food Group in a research note on Tuesday, May 20th. Berenberg Bank upped their price objective on shares of Hilton Food Group from GBX 1,090 ($14.96) to GBX 1,120 ($15.37) and gave the company a “buy” rating in a report on Wednesday, April 9th.

Hilton Food Group Stock Performance

The company has a debt-to-equity ratio of 148.82, a current ratio of 1.11 and a quick ratio of 0.88. The firm has a market cap of £785.09 million, a PE ratio of 16.88, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57. The company has a 50 day simple moving average of GBX 875.94 and a 200-day simple moving average of GBX 872.38.

Hilton Food Group (LON:HFG) last issued its quarterly earnings results on Tuesday, April 8th. The company reported GBX 61 ($0.84) earnings per share (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 plc will post 62.3340321 EPS for the current year.

Hilton Food Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 24th. Stockholders of record on Thursday, April 17th were paid a GBX 24.90 ($0.34) dividend. The ex-dividend date was Thursday, April 17th. This is a boost from Hilton Food Group’s previous dividend of $9.60. This represents a dividend yield of 2.97%. Hilton Food Group’s dividend payout ratio is 63.52%.

Insiders Place Their Bets

In related news, insider Matt Osborne acquired 3,994 shares of the company’s stock in a transaction that occurred on Wednesday, April 23rd. The shares were bought at an average price of GBX 892 ($12.24) per share, with a total value of £35,626.48 ($48,890.46). Also, insider Mark Allen acquired 5,950 shares of Hilton Food Group stock in a transaction that occurred on Tuesday, April 8th. The shares were purchased at an average price of GBX 835 ($11.46) per share, with a total value of £49,682.50 ($68,179.63). Corporate insiders own 14.33% of the company’s stock.

Hilton Food Group Company Profile

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.