Macfarlane Group PLC (LON:MACF) Insider Ivor Gray Sells 15,397 Shares of Stock

Macfarlane Group PLC (LON:MACF) insider Ivor Gray sold 15,397 shares of Macfarlane Group stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of GBX 104 ($1.35), for a total value of £16,012.88 ($20,725.96).

Macfarlane Group Trading Up 0.5 %

LON:MACF opened at GBX 104.55 ($1.35) on Friday. Macfarlane Group PLC has a 12 month low of GBX 99.20 ($1.28) and a 12 month high of GBX 147.50 ($1.91). The company has a current ratio of 1.20, a quick ratio of 0.79 and a debt-to-equity ratio of 44.58. The firm’s 50 day moving average is GBX 105.21 and its 200 day moving average is GBX 108.63. The stock has a market capitalization of £165.30 million, a PE ratio of 11.21 and a beta of 0.68.

Macfarlane Group (LON:MACF) last issued its earnings results on Thursday, February 27th. The company reported GBX 9.76 ($0.13) earnings per share (EPS) for the quarter. Macfarlane Group had a return on equity of 12.67% and a net margin of 5.47%. Sell-side analysts expect that Macfarlane Group PLC will post 7.4677529 earnings per share for the current year.

Macfarlane Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 15th will be issued a dividend of GBX 2.70 ($0.03) per share. The ex-dividend date of this dividend is Thursday, May 15th. This is an increase from Macfarlane Group’s previous dividend of $0.96. This represents a yield of 2.62%. Macfarlane Group’s dividend payout ratio is 42.88%.

Analyst Ratings Changes

Separately, Shore Capital restated a “house stock” rating on shares of Macfarlane Group in a report on Friday, November 29th.

About Macfarlane Group

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe.