Halma plc (LON:HLMA) Insider Carole Cran Acquires 8,000 Shares

Halma plc (LON:HLMA) insider Carole Cran purchased 8,000 shares of Halma stock in a transaction on Monday, January 13th. The shares were acquired at an average price of GBX 2,659 ($32.53) per share, with a total value of £212,720 ($260,271.63).

Halma Price Performance

Shares of Halma stock opened at GBX 2,768 ($33.87) on Friday. Halma plc has a 52 week low of GBX 2,136 ($26.13) and a 52 week high of GBX 2,815 ($34.44). The company has a current ratio of 2.45, a quick ratio of 1.51 and a debt-to-equity ratio of 45.83. The stock has a market cap of £10.44 billion, a PE ratio of 3,898.59, a price-to-earnings-growth ratio of 2.93 and a beta of 0.53. The company’s 50-day moving average price is GBX 2,682.42 and its two-hundred day moving average price is GBX 2,612.21.

Halma Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, December 19th will be issued a GBX 9 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, December 19th. This represents a dividend yield of 0.36%. Halma’s payout ratio is currently 3,098.59%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Shore Capital reaffirmed a “hold” rating on shares of Halma in a report on Thursday, November 21st. JPMorgan Chase & Co. raised shares of Halma to a “neutral” rating and set a GBX 2,600 ($31.81) price target for the company in a research note on Friday, December 6th. Finally, Berenberg Bank raised their price objective on shares of Halma from GBX 2,450 ($29.98) to GBX 2,700 ($33.04) and gave the company a “hold” rating in a research note on Thursday, December 5th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Halma currently has a consensus rating of “Hold” and an average target price of GBX 2,587.50 ($31.66).

Halma Company Profile

Halma is a global group of life-saving technology companies, focused on growing a safer, cleaner, healthier future for everyone, every day. Its purpose defines the three broad markets it operates in:

– Safety – Protecting people’s safety and the environment as populations grow, and enhancing worker safety.
– Environment – Addressing the impacts of climate change, pollution and waste, protecting life-critical resources and supporting scientific research.
– Health – Meeting the increasing demand for better healthcare as chronic illness rises, driven by growing and ageing populations and lifestyle changes.

Halma employs over 8,000 people in more than 20 countries, with major operations in the UK, Mainland Europe, the USA and Asia Pacific.