Halma (LON:HLMA) Given Hold Rating at Shore Capital

Shore Capital reiterated their hold rating on shares of Halma (LON:HLMA) in a report released on Thursday morning, Marketbeat.com reports.

Halma Price Performance

Shares of LON HLMA opened at GBX 2,694 ($33.77) on Thursday. The company has a market capitalization of £10.16 billion, a PE ratio of 3,794.37, a PEG ratio of 2.93 and a beta of 0.53. The company has a quick ratio of 1.51, a current ratio of 2.45 and a debt-to-equity ratio of 45.83. The stock’s 50 day moving average price is GBX 2,545.25 and its 200-day moving average price is GBX 2,510.51. Halma has a twelve month low of GBX 2,098 ($26.30) and a twelve month high of GBX 2,765 ($34.66).

Halma Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, December 19th will be paid a GBX 9 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, December 19th. This represents a yield of 0.36%. Halma’s dividend payout ratio (DPR) is presently 3,098.59%.

Insider Transactions at Halma

In related news, insider Jennifer Ward sold 50,000 shares of Halma stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of GBX 2,648 ($33.20), for a total value of £1,324,000 ($1,659,771.84). Company insiders own 2.20% of the company’s stock.

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.