Insider Selling: Macfarlane Group PLC (LON:MACF) Insider Sells £16,012.88 in Stock

Macfarlane Group PLC (LON:MACF) insider Ivor Gray sold 15,397 shares of the stock in a transaction that occurred on Wednesday, March 26th. The shares were sold at an average price of GBX 104 ($1.34), for a total value of £16,012.88 ($20,704.53).

Macfarlane Group Stock Performance

Shares of LON MACF opened at GBX 104.55 ($1.35) on Monday. Macfarlane Group PLC has a 12 month low of GBX 99.20 ($1.28) and a 12 month high of GBX 147.50 ($1.91). The company has a market cap of £165.30 million, a P/E ratio of 11.21 and a beta of 0.68. The business’s 50 day moving average is GBX 105.21 and its two-hundred day moving average is GBX 108.54. The company has a quick ratio of 0.79, a current ratio of 1.20 and a debt-to-equity ratio of 44.58.

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

Macfarlane Group Increases Dividend

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