Hilton Food Group (LON:HFG) Shares Pass Above Two Hundred Day Moving Average of $844.98

Hilton Food Group plc (LON:HFG)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 844.98 ($10.69) and traded as high as GBX 913.99 ($11.56). Hilton Food Group shares last traded at GBX 906 ($11.46), with a volume of 65,976 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “house stock” rating on shares of Hilton Food Group in a research note on Monday, May 20th.

Hilton Food Group Stock Performance

The company has a debt-to-equity ratio of 153.45, a quick ratio of 0.88 and a current ratio of 1.17. The company has a market cap of £811.78 million, a PE ratio of 2,265.00, a price-to-earnings-growth ratio of 17.31 and a beta of 0.57. The company’s 50 day moving average price is GBX 907.54 and its 200-day moving average price is GBX 844.98.

Hilton Food Group Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, May 30th were given a GBX 23 ($0.29) dividend. This is an increase from Hilton Food Group’s previous dividend of $9.00. This represents a yield of 2.69%. The ex-dividend date of this dividend was Thursday, May 30th. Hilton Food Group’s dividend payout ratio (DPR) is currently 8,000.00%.

Insider Activity

In other news, insider Patricia Dimond sold 2,236 shares of the stock in a transaction on Thursday, April 4th. The stock was sold at an average price of GBX 867 ($10.97), for a total transaction of £19,386.12 ($24,520.77). In related news, insider Patricia Dimond sold 2,236 shares of the company’s stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of GBX 867 ($10.97), for a total transaction of £19,386.12 ($24,520.77). Also, insider Robert Watson sold 14,747 shares of Hilton Food Group stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of GBX 876 ($11.08), for a total transaction of £129,183.72 ($163,399.60). Insiders have sold 30,111 shares of company stock valued at $27,079,152 in the last 90 days. Insiders own 13.98% of the company’s stock.

Hilton Food Group Company Profile

Hilton Food Group plc, together with its subsidiaries, engages in the food packing business. It offers beef, pork, lamb, poultry, seafood, and vegan and vegetarian food, such as steak, roast, diced, mince, meatloaf, sausages, burgers, meatballs ribs, chops, bacon, gammon, schnitzel, pulled belly, rib rack, smoked loin, shanks, carcass, chicken kabab, chicken drumsticks, chicken tight, chicken wings, half chicken, duck leg, duck half, coated, salmon, white fish, shellfish, fish cakes, smoked salmon, strips, nuggets, pulled, and balls.