Insider Selling: Halma plc (LON:HLMA) Insider Sells 5,738 Shares of Stock

Halma plc (LON:HLMA) insider Jennifer Ward sold 5,738 shares of Halma stock in a transaction that occurred on Thursday, June 27th. The stock was 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

Shares of LON:HLMA opened at GBX 2,706 ($34.23) on Tuesday. The company has a current ratio of 2.68, a quick ratio of 1.51 and a debt-to-equity ratio of 45.76. Halma plc has a 12-month low of GBX 1,802 ($22.79) and a 12-month high of GBX 2,750 ($34.78). The stock has a 50 day moving average of GBX 2,382.08 and a 200 day moving average of GBX 2,294.78. The company has a market cap of £10.22 billion, a PE ratio of 4,295.24, a price-to-earnings-growth ratio of 4.53 and a beta of 0.59.

Halma Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, August 16th. Investors of record on Thursday, July 11th will be given 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 currently 3,333.33%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HLMA. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 2,400 ($30.36) target price on shares of Halma in a report on Friday. Barclays upgraded Halma to an “overweight” rating and raised their price target for the stock from GBX 2,425 ($30.67) to GBX 2,650 ($33.52) in a research note on Tuesday, April 9th. Finally, Shore Capital reiterated a “hold” rating on shares of Halma in a research report on Thursday, June 27th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, Halma has a consensus rating of “Hold” and an average price target of GBX 2,336.25 ($29.55).

Halma Company Profile

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.