Hilton Food Group (LON:HFG) Insider Acquires £98,890 in Stock

Hilton Food Group plc (LON:HFG) insider Mark Allen purchased 14,500 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were purchased at an average cost of GBX 682 per share, for a total transaction of £98,890.

Hilton Food Group Trading Up 0.7%

LON HFG opened at GBX 692.50 on Friday. The stock has a market capitalization of £622.95 million, a P/E ratio of 12.15, a P/E/G ratio of 17.31 and a beta of 0.75. Hilton Food Group plc has a one year low of GBX 447.89 and a one year high of GBX 738. The business has a 50 day simple moving average of GBX 614.40 and a 200 day simple moving average of GBX 553.93. The company has a debt-to-equity ratio of 157.02, a current ratio of 1.28 and a quick ratio of 0.88.

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

Wall Street Analyst Weigh In

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

About Hilton Food Group

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.