Insider Buying: Hilton Food Group (LON:HFG) Insider Acquires 14,500 Shares of Stock

Hilton Food Group plc (LON:HFG) insider Mark Allen bought 14,500 shares of Hilton Food Group stock in a transaction on Tuesday, September 15th. The stock was acquired at an average price of GBX 682 per share, for a total transaction of £98,890.

Hilton Food Group Stock Performance

Shares of Hilton Food Group stock opened at GBX 680.69 on Wednesday. The firm has a market cap of £612.32 million, a PE ratio of 11.94, a price-to-earnings-growth ratio of 17.31 and a beta of 0.75. The company has a quick ratio of 0.88, a current ratio of 1.28 and a debt-to-equity ratio of 157.02. Hilton Food Group plc has a 52 week low of GBX 447.89 and a 52 week high of GBX 738. The business’s fifty day simple moving average is GBX 604.01 and its 200-day simple moving average is GBX 550.57.

Hilton Food Group (LON:HFG) last issued its quarterly earnings data on Thursday, September 3rd. The company reported GBX 25.70 earnings per share (EPS) for the quarter. Hilton Food Group had a return on equity of 5.91% and a net margin of 0.47%. Equities analysts forecast that Hilton Food Group plc will post 62.3340321 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on HFG. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Hilton Food Group from GBX 815 to GBX 850 and gave the company a “buy” rating in a research note on Friday, September 4th. Shore Capital Group reiterated a “house stock” rating on shares of Hilton Food Group in a report on Thursday, September 3rd. Finally, Berenberg Bank boosted their target price on Hilton Food Group from GBX 790 to GBX 810 and gave the company a “buy” rating in a research report on Monday, September 7th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 717.50.

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. We also offer a range of supply chain service expertise and solutions through our investment in innovative, leading technology such as Foods Connected, Agito Group and Cellular Agriculture Ltd.

We are a business of over 7,000 employees, operating from 24 technologically advanced food processing, packing and logistics facilities across 19 markets in Europe, Asia Pacific and North America.