Halma plc (LON:HLMA) Insider Sells £181,673.38 in Stock

Halma plc (LON:HLMA) insider Marc Ronchetti sold 6,958 shares of the firm’s stock in a transaction dated Tuesday, July 23rd. The shares were sold at an average price of GBX 2,611 ($33.77), for a total value of £181,673.38 ($234,962.98).

Halma Stock Down 1.4 %

Shares of LON HLMA opened at GBX 2,528 ($32.70) on Friday. 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 company has a market cap of £9.55 billion, a P/E ratio of 3,990.69, a PEG ratio of 4.53 and a beta of 0.59. Halma plc has a 1 year low of GBX 1,802 ($23.31) and a 1 year high of GBX 2,750 ($35.57). The firm has a 50-day simple moving average of GBX 2,514.54 and a two-hundred day simple moving average of GBX 2,341.15.

Halma Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, August 16th. Shareholders of record on Thursday, July 11th will be paid a GBX 13.20 ($0.17) dividend. The ex-dividend date is Thursday, July 11th. This represents a yield of 0.56%. This is an increase from Halma’s previous dividend of $8.41. Halma’s dividend payout ratio (DPR) is presently 3,333.33%.

Wall Street Analyst Weigh In

Several research firms recently commented on HLMA. Shore Capital reiterated a “hold” rating on shares of Halma in a research report on Thursday, June 27th. Barclays upgraded Halma to an “overweight” rating and lifted their price target for the stock from GBX 2,425 ($31.36) to GBX 2,650 ($34.27) in a research report on Tuesday, April 9th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 2,400 ($31.04) price target on shares of Halma in a research report on Friday, June 28th.

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.