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

Halma plc (LON:HLMA) insider Marc Ronchetti sold 6,958 shares of the company’s stock in a transaction on 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 Trading Up 1.4 %

LON HLMA opened at GBX 2,563 ($33.15) on Friday. The stock has a 50-day simple moving average of GBX 2,518.06 and a 200 day simple moving average of GBX 2,342.45. The company has a market capitalization of £9.68 billion, a PE ratio of 4,068.25, a P/E/G ratio of 4.53 and a beta of 0.59. 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 ($23.31) and a 12 month high of GBX 2,750 ($35.57).

Halma Increases Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on HLMA shares. Shore Capital reaffirmed a “hold” rating on shares of Halma in a research note on Thursday, June 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 2,400 ($31.04) price target on shares of Halma in a research note on Friday, June 28th. Finally, Barclays raised Halma to an “overweight” rating and upped their price target for the company from GBX 2,425 ($31.36) to GBX 2,650 ($34.27) in a research note on Tuesday, April 9th.

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.