Hilton Food Group (LON:HFG) Insider Mark Allen Purchases 14,500 Shares of Stock

Key Points

• Insider purchase: Hilton Food Group insider Mark Allen bought 14,500 shares at GBX 682 each, for a total investment of approximately £98,890.
• Share performance and fundamentals: The stock opened at GBX 680.69, compared with a 52-week range of GBX 447.89 to GBX 738. The company reported quarterly EPS of GBX 25.70, but had a net margin of just 0.47% and debt-to-equity ratio of 157.02.
• Analyst outlook: Berenberg and Deutsche Bank raised their price targets to GBX 810 and GBX 850, respectively. The stock carries a consensus “Moderate Buy” rating and an average target price of GBX 717.50.

Hilton Food Group plc (LON:HFG - Get Free Report) insider Mark Allen acquired 14,500 shares of Hilton Food Group stock in a transaction that occurred on Tuesday, September 15th. The stock was purchased at an average cost of GBX 682 per share, with a total value of £98,890.

Hilton Food Group Price Performance

Hilton Food Group stock opened at GBX 680.69 on Wednesday. Hilton Food Group plc has a 52-week low of GBX 447.89 and a 52-week high of GBX 738. The firm has a market capitalization of £612.32 million, a price-to-earnings ratio of 11.94, a PEG ratio of 17.31 and a beta of 0.75. The company has a fifty day simple moving average of GBX 604.01 and a 200-day simple moving average of GBX 550.57. 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 (LON:HFG - Get Free Report) last posted its quarterly earnings results 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%. On average, equities analysts anticipate that Hilton Food Group plc will post 62.3340321 EPS for the current fiscal year.

Analysts Set New Price Targets

HFG has been the subject of a number of analyst reports. Berenberg Bank upped their price target 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. Shore Capital Group reiterated a "house stock" rating on shares of Hilton Food Group in a research report on Thursday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Hilton Food Group from GBX 815 to GBX 850 and gave the stock a "buy" rating in a research note on Friday, September 4th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock 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.

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