Jennifer Ward Sells 5,738 Shares of Halma plc (LON:HLMA) Stock

Halma plc (LON:HLMA) insider Jennifer Ward sold 5,738 shares of the company’s stock in a transaction on Thursday, June 27th. The stock was sold at an average price of GBX 2,680 ($33.90), for a total transaction of £153,778.40 ($194,508.47).

Halma Stock Performance

LON HLMA opened at GBX 2,717 ($34.37) on Thursday. The company has a debt-to-equity ratio of 45.76, a current ratio of 2.68 and a quick ratio of 1.51. Halma plc has a 1-year low of GBX 1,802 ($22.79) and a 1-year high of GBX 2,750 ($34.78). The business has a 50 day simple moving average of GBX 2,401.02 and a two-hundred day simple moving average of GBX 2,300.67. The stock has a market capitalization of £10.26 billion, a PE ratio of 4,312.70, a P/E/G ratio of 4.53 and a beta of 0.59.

Halma Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, August 16th. Investors of record on Thursday, July 11th will be issued a GBX 13.20 ($0.17) dividend. The ex-dividend date is Thursday, July 11th. This is a positive change from Halma’s previous dividend of $8.41. This represents a dividend yield of 0.56%. Halma’s dividend payout ratio (DPR) is 3,333.33%.

Analyst Ratings Changes

HLMA has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 2,400 ($30.36) target price on shares of Halma in a research note on Friday, June 28th. Shore Capital reissued a “hold” rating on shares of Halma in a report on Thursday, June 27th. Finally, Barclays upgraded shares of Halma to an “overweight” rating and upped their target price for the stock from GBX 2,425 ($30.67) to GBX 2,650 ($33.52) in a research report on Tuesday, April 9th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of GBX 2,336.25 ($29.55).

Halma Company Profile

Halma plc, together its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally. It operates through three segments: Safety, Environmental & Analysis, and Medical.