Insider Selling: Macfarlane Group PLC (LON:MACF) Insider Sells 15,397 Shares of Stock

Macfarlane Group PLC (LON:MACF) insider Ivor Gray sold 15,397 shares of the company’s stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of GBX 104 ($1.35), for a total transaction of £16,012.88 ($20,725.96).

Macfarlane Group Price Performance

Shares of Macfarlane Group stock opened at GBX 104.55 ($1.35) on Friday. The stock has a market capitalization of £165.30 million, a price-to-earnings ratio of 11.21 and a beta of 0.68. The firm’s 50-day moving average price is GBX 105.21 and its two-hundred day moving average price is GBX 108.59. The company has a current ratio of 1.20, a quick ratio of 0.79 and a debt-to-equity ratio of 44.58. Macfarlane Group PLC has a 1-year low of GBX 99.20 ($1.28) and a 1-year high of GBX 147.50 ($1.91).

Macfarlane Group (LON:MACF) last announced its earnings results on Thursday, February 27th. The company reported GBX 9.76 ($0.13) EPS for the quarter. Macfarlane Group had a return on equity of 12.67% and a net margin of 5.47%. On average, equities analysts predict that Macfarlane Group PLC will post 7.4677529 earnings per share for the current fiscal year.

Macfarlane Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 13th. Investors of record on Thursday, May 15th will be paid a dividend of GBX 2.70 ($0.03) per share. This is a positive change from Macfarlane Group’s previous dividend of $0.96. The ex-dividend date is Thursday, May 15th. This represents a yield of 2.62%. Macfarlane Group’s dividend payout ratio (DPR) is presently 42.88%.

About Macfarlane Group

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe.