Hilton Food Group (LON:HFG) Share Price Passes Above 200-Day Moving Average - Time to Sell?

Hilton Food Group plc (LON:HFG - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 884.07 ($11.78) and traded as high as GBX 890 ($11.86). Hilton Food Group shares last traded at GBX 872 ($11.62), with a volume of 203,942 shares.

Analyst Ratings Changes

A number of brokerages recently commented on HFG. Berenberg Bank upped their target price on Hilton Food Group from GBX 1,090 ($14.52) to GBX 1,120 ($14.92) and gave the company a "buy" rating in a research report on Wednesday, April 9th. Shore Capital reaffirmed a "house stock" rating on shares of Hilton Food Group in a report on Tuesday, April 8th.

Hilton Food Group Stock Performance

The company has a market capitalization of £795.83 million, a PE ratio of 17.11, a PEG ratio of 17.31 and a beta of 0.57. The company has a fifty day simple moving average of GBX 853.75 and a 200-day simple moving average of GBX 884.06. The company has a current ratio of 1.11, a quick ratio of 0.88 and a debt-to-equity ratio of 148.82.

Hilton Food Group (LON:HFG - Get Free Report) last announced its earnings results on Tuesday, April 8th. The company reported GBX 61 ($0.81) EPS for the quarter. Hilton Food Group had a return on equity of 15.15% and a net margin of 1.22%. Analysts predict that Hilton Food Group plc will post 62.3340321 EPS for the current year.

Hilton Food Group Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 24th. Investors of record on Thursday, April 17th were issued a GBX 24.90 ($0.33) dividend. This represents a yield of 2.97%. The ex-dividend date was Thursday, April 17th. This is a positive change from Hilton Food Group's previous dividend of $9.60. Hilton Food Group's dividend payout ratio is 63.52%.

Insider Activity

In other Hilton Food Group news, insider Matt Osborne bought 3,994 shares of Hilton Food Group stock in a transaction dated Wednesday, April 23rd. The stock was acquired at an average cost of GBX 892 ($11.89) per share, with a total value of £35,626.48 ($47,470.33). Also, insider Mark Allen acquired 5,950 shares of Hilton Food Group stock in a transaction on Tuesday, April 8th. The shares were bought at an average cost of GBX 835 ($11.13) per share, with a total value of £49,682.50 ($66,199.20). Company insiders own 14.33% of the company's stock.

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.