Hilton Food Group (LON:HFG) Earns Buy Rating from Peel Hunt

Peel Hunt restated their buy rating on shares of Hilton Food Group (LON:HFGGet Rating) in a research report report published on Tuesday, Marketbeat.com reports. They currently have a GBX 1,030 ($12.81) target price on the stock.

Separately, Shore Capital reaffirmed a house stock rating on shares of Hilton Food Group in a report on Tuesday.

Hilton Food Group Price Performance

LON:HFG opened at GBX 745 ($9.27) on Tuesday. The business’s 50-day moving average price is GBX 696.81 and its 200 day moving average price is GBX 639.35. The firm has a market cap of £666.25 million, a P/E ratio of 3,725.00, a PEG ratio of 17.31 and a beta of 0.60. Hilton Food Group has a 52-week low of GBX 495.42 ($6.16) and a 52-week high of GBX 1,162.32 ($14.46). The company has a quick ratio of 0.88, a current ratio of 1.21 and a debt-to-equity ratio of 178.49.

Hilton Food Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, June 30th. Stockholders of record on Thursday, June 1st will be issued a dividend of GBX 22.60 ($0.28) per share. This represents a dividend yield of 3.25%. This is a positive change from Hilton Food Group’s previous dividend of $7.10. The ex-dividend date of this dividend is Thursday, June 1st. Hilton Food Group’s payout ratio is currently 15,000.00%.

Insider Activity

In related news, insider Patricia Dimond bought 7,575 shares of Hilton Food Group stock in a transaction that occurred on Wednesday, April 5th. The stock was purchased at an average cost of GBX 660 ($8.21) per share, for a total transaction of £49,995 ($62,182.84). 13.61% of the stock is owned by corporate insiders.

Hilton Food Group Company Profile

(Get Rating)

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.

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