Insider Selling: Harbour Energy plc (LON:HBR) Insider Sells £17,847.26 in Stock

Harbour Energy plc (LON:HBR) insider Linda Cook sold 5,702 shares of the business’s stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of GBX 313 ($3.98), for a total transaction of £17,847.26 ($22,683.35).

Linda Cook also recently made the following trade(s):

• On Tuesday, May 7th, Linda Cook sold 170,746 shares of Harbour Energy stock. The stock was sold at an average price of GBX 282 ($3.58), for a total transaction of £481,503.72 ($611,977.28).
• On Thursday, April 25th, Linda Cook purchased 86,050 shares of Harbour Energy stock. The stock was bought at an average price of GBX 286 ($3.63) per share, for a total transaction of £246,103 ($312,789.78).

Harbour Energy Stock Performance

Harbour Energy stock opened at GBX 309.20 ($3.93) on Friday. The company’s 50-day moving average price is GBX 289.16 and its 200-day moving average price is GBX 272.46. Harbour Energy plc has a twelve month low of GBX 210.50 ($2.68) and a twelve month high of GBX 328.90 ($4.18). The company has a quick ratio of 0.33, a current ratio of 0.82 and a debt-to-equity ratio of 76.75. The company has a market cap of £2.36 billion, a PE ratio of 10,306.67, a price-to-earnings-growth ratio of 0.04 and a beta of -0.29.

Harbour Energy Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, May 22nd. Stockholders of record on Thursday, April 11th were issued a $0.13 dividend. The ex-dividend date of this dividend was Thursday, April 11th. This is an increase from Harbour Energy’s previous dividend of $0.12. This represents a dividend yield of 3.73%. Harbour Energy’s payout ratio is 66,666.67%.

Analyst Ratings Changes

Several analysts have commented on HBR shares. Berenberg Bank boosted their price target on shares of Harbour Energy from GBX 250 ($3.18) to GBX 280 ($3.56) and gave the stock a “hold” rating in a research note on Monday, February 19th. Jefferies Financial Group restated a “buy” rating and issued a GBX 350 ($4.45) target price on shares of Harbour Energy in a report on Thursday, April 18th.

Harbour Energy Company Profile

Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves. The company holds interests in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. It is also involved in the decommissioning, financing, gas trading, and risk mitigation activities.