Macfarlane Group PLC (LON:MACF) Insider Ivor Gray Sells 15,397 Shares

Macfarlane Group PLC (LON:MACF) insider Ivor Gray sold 15,397 shares of the firm’s stock in a transaction that occurred on Wednesday, March 26th. The shares were sold at an average price of GBX 104 ($1.35), for a total transaction of £16,012.88 ($20,731.33).

Macfarlane Group Price Performance

Shares of LON MACF traded up GBX 0.25 ($0.00) during mid-day trading on Friday, hitting GBX 104.25 ($1.35). 13,374 shares of the stock traded hands, compared to its average volume of 362,592. The company has a market cap of £164.83 million, a PE ratio of 11.18 and a beta of 0.68. Macfarlane Group PLC has a twelve month low of GBX 99.20 ($1.28) and a twelve month high of GBX 147.50 ($1.91). The company has a debt-to-equity ratio of 44.58, a current ratio of 1.20 and a quick ratio of 0.79. The firm has a 50 day simple moving average of GBX 105.25 and a two-hundred day simple moving average of GBX 108.73.

Macfarlane Group (LON:MACF) last announced its quarterly earnings results on Thursday, February 27th. The company reported GBX 9.76 ($0.13) EPS for the quarter. Macfarlane Group had a return on equity of 12.67% and a net margin of 5.47%. As a group, equities research analysts forecast that Macfarlane Group PLC will post 7.4677529 EPS for the current fiscal year.

Macfarlane Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 13th. Shareholders of record on Thursday, May 15th will be given a GBX 2.70 ($0.03) dividend. This is a boost from Macfarlane Group’s previous dividend of $0.96. This represents a yield of 2.62%. The ex-dividend date is Thursday, May 15th. Macfarlane Group’s dividend payout ratio is 42.88%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of Macfarlane Group in a research note on Friday, November 29th.

Macfarlane Group Company Profile

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe.