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 business’s stock in a transaction on Thursday, June 27th. The shares were 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

HLMA stock opened at GBX 2,682 ($33.92) on Wednesday. The company has a debt-to-equity ratio of 45.76, a current ratio of 2.68 and a quick ratio of 1.51. The business has a 50-day moving average price of GBX 2,391 and a 200 day moving average price of GBX 2,297.74. The company has a market capitalization of £10.13 billion, a P/E ratio of 4,257.14, a PEG ratio of 4.53 and a beta of 0.59. Halma plc has a 1-year low of GBX 1,802 ($22.79) and a 1-year high of GBX 2,750 ($34.78).

Halma Increases Dividend

The company also recently disclosed 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. This is an increase from Halma’s previous dividend of $8.41. This represents a dividend yield of 0.56%. The ex-dividend date of this dividend is Thursday, July 11th. Halma’s payout ratio is presently 3,333.33%.

Analyst Ratings Changes

HLMA has been the subject of a number of 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 research note on Thursday, June 27th. Finally, Barclays raised shares of Halma to an “overweight” rating and boosted their target price for the company from GBX 2,425 ($30.67) to GBX 2,650 ($33.52) in a research note on Tuesday, April 9th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Halma has a consensus rating of “Hold” and an average target price of GBX 2,336.25 ($29.55).

About Halma

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.