High Liner Foods Incorporated Sells 184,500 Shares of High Liner Foods Inc (TSE:HLF) Stock

High Liner Foods Inc (TSE:HLF) insider High Liner Foods Incorporated sold 184,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of C$17.02, for a total value of C$3,140,190.00.

High Liner Foods Stock Down 0.5 %

HLF stock opened at C$16.95 on Friday. High Liner Foods Inc has a 52 week low of C$12.25 and a 52 week high of C$17.50. The company has a current ratio of 2.66, a quick ratio of 0.38 and a debt-to-equity ratio of 55.83. The company has a market cap of C$355.25 million, a P/E ratio of 6.02 and a beta of 0.89. The company’s 50-day moving average price is C$16.13 and its 200 day moving average price is C$14.94.

High Liner Foods Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Saturday, March 15th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date of this dividend was Wednesday, March 5th. High Liner Foods’s dividend payout ratio is currently 21.30%.

Analysts Set New Price Targets

Separately, BMO Capital Markets raised their target price on High Liner Foods from C$14.50 to C$16.40 in a report on Thursday, December 19th.

About High Liner Foods

High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co labels, and are available in most grocery and club stores.