Halma plc Declares Dividend of GBX 9 (LON:HLMA)

Halma plc (LON:HLMA) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, December 19th will be paid a dividend of GBX 9 ($0.11) per share on Friday, January 31st. This represents a yield of 0.36%. The ex-dividend date of this dividend is Thursday, December 19th. The official announcement can be accessed at this link.

Halma Stock Up 0.3 %

HLMA stock opened at GBX 2,780.03 ($35.27) on Tuesday. The stock has a fifty day moving average of GBX 2,588.74 and a 200-day moving average of GBX 2,559.56. Halma has a fifty-two week low of GBX 2,104.01 ($26.69) and a fifty-two week high of GBX 2,815 ($35.71). The company has a market capitalization of £10.49 billion, a price-to-earnings ratio of 3,902.82, a PEG ratio of 2.93 and a beta of 0.53. The company has a debt-to-equity ratio of 45.83, a quick ratio of 1.51 and a current ratio of 2.45.

Insider Buying and Selling

In other Halma news, insider Jennifer Ward sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of GBX 2,648 ($33.60), for a total value of £1,324,000 ($1,679,776.71). 2.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HLMA. Berenberg Bank lifted their target price on shares of Halma from GBX 2,450 ($31.08) to GBX 2,700 ($34.26) and gave the stock a “hold” rating in a research note on Thursday, December 5th. Shore Capital reiterated a “hold” rating on shares of Halma in a research note on Thursday, November 21st. Finally, JPMorgan Chase & Co. upgraded Halma to a “neutral” rating and set a GBX 2,600 ($32.99) target price on the stock in a research report on Friday, December 6th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Halma has a consensus rating of “Hold” and a consensus target price of GBX 2,587.50 ($32.83).

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 Healthcare.