Matt Osborne Buys 12,008 Shares of Hilton Food Group (LON:HFG) Stock

Key Points

• Insider purchase: Matt Osborne bought 12,008 Hilton Food Group shares at GBX 666 each, for a total investment of approximately £79,973.
• Share performance: HFG opened at GBX 679.50, compared with a 12-month range of GBX 447.89 to GBX 738. The company reported quarterly EPS of GBX 25.70 and analysts expect full-year EPS of about GBX 62.33.
• Analyst outlook: Deutsche Bank and Berenberg raised their price targets and maintained Buy ratings. Hilton Food Group has a consensus “Moderate Buy” rating and an average target price of GBX 717.50.

Hilton Food Group plc (LON:HFG - Get Free Report) insider Matt Osborne bought 12,008 shares of Hilton Food Group stock in a transaction dated Friday, September 11th. The shares were purchased at an average cost of GBX 666 per share, for a total transaction of £79,973.28.

Hilton Food Group Price Performance

Shares of HFG stock opened at GBX 679.50 on Monday. The company has a market capitalization of £611.25 million, a PE ratio of 11.92, a price-to-earnings-growth ratio of 17.31 and a beta of 0.75. The firm has a fifty day simple moving average of GBX 597.80 and a 200-day simple moving average of GBX 548.48. The company has a current ratio of 1.28, a quick ratio of 0.88 and a debt-to-equity ratio of 157.02. Hilton Food Group plc has a twelve month low of GBX 447.89 and a twelve month high of GBX 738.

Hilton Food Group (LON:HFG - Get Free Report) last released its quarterly earnings results on Thursday, September 3rd. The company reported GBX 25.70 earnings per share (EPS) for the quarter. Hilton Food Group had a net margin of 0.47% and a return on equity of 5.91%. Equities research analysts anticipate that Hilton Food Group plc will post 62.3340321 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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