Shore Capital Reaffirms House Stock Rating for Hilton Food Group (LON:HFG)

Shore Capital reiterated their house stock rating on shares of Hilton Food Group (LON:HFG – Get Rating) in a report released on Tuesday, MarketBeat Ratings reports.

Hilton Food Group Stock Up 2.3 %

Shares of Hilton Food Group stock opened at GBX 771 ($9.59) on Tuesday. The company has a quick ratio of 0.88, a current ratio of 1.21 and a debt-to-equity ratio of 178.49. The firm has a market cap of £689.51 million, a P/E ratio of 3,855.00, a P/E/G ratio of 17.31 and a beta of 0.60. Hilton Food Group has a fifty-two week low of GBX 495.42 ($6.16) and a fifty-two week high of GBX 1,224 ($15.22). The business has a 50-day moving average price of GBX 696.23 and a 200 day moving average price of GBX 638.57.

Hilton Food Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 1st will be issued a GBX 22.60 ($0.28) dividend. This represents a yield of 3.25%. The ex-dividend date is Thursday, June 1st. This is an increase from Hilton Food Group’s previous dividend of $7.10. Hilton Food Group’s payout ratio is currently 15,000.00%.

Insiders Place Their Bets

In other Hilton Food Group news, insider Patricia Dimond acquired 7,575 shares of the firm’s stock in a transaction on Wednesday, April 5th. The stock was purchased at an average price of GBX 660 ($8.21) per share, with a total value of £49,995 ($62,182.84). 13.61% of the stock is currently owned by corporate insiders.

Hilton Food Group Company Profile

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Hilton Food Group plc, together with its subsidiaries, engages in the food packing business. The company offers a range of fresh items, such as roasting joints, steaks, chops, and minces. It also provides value-added products comprising barbecue ranges, marinated meats, meat cuts, serving sauces, and ready to cook products.