High Liner Foods Inc (TSE:HLF) Insider High Liner Foods Incorporated Sells 184,500 Shares

High Liner Foods Inc (TSE:HLF) insider High Liner Foods Incorporated sold 184,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of C$17.02, for a total transaction of C$3,140,190.00.

High Liner Foods Stock Performance

HLF stock opened at C$16.95 on Friday. The firm has a market cap of C$355.25 million, a PE ratio of 6.02 and a beta of 0.89. The company has a current ratio of 2.66, a quick ratio of 0.38 and a debt-to-equity ratio of 55.83. The stock has a 50-day moving average price of C$16.13 and a 200-day moving average price of C$14.93. High Liner Foods Inc has a 1-year low of C$12.25 and a 1-year high of C$17.50.

High Liner Foods Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Shareholders of record on Saturday, March 15th were issued a $0.17 dividend. The ex-dividend date was Wednesday, March 5th. This represents a $0.68 dividend on an annualized basis and a yield of 4.01%. High Liner Foods’s payout ratio is currently 21.30%.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets lifted their target price on shares of High Liner Foods from C$14.50 to C$16.40 in a research note on Thursday, December 19th.

High Liner Foods Company Profile

High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co labels, and are available in most grocery and club stores.