Halma plc (LON:HLMA) Insider Sells £1,324,000 in Stock

Halma plc (LON:HLMA) insider Jennifer Ward sold 50,000 shares of Halma stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of GBX 2,648 ($33.35), for a total value of £1,324,000 ($1,667,296.31).

Halma Stock Performance

Shares of HLMA stock opened at GBX 2,694 ($33.93) on Monday. The stock has a market capitalization of £10.16 billion, a price-to-earnings ratio of 3,794.37, a PEG ratio of 2.93 and a beta of 0.53. Halma plc has a one year low of GBX 2,098 ($26.42) and a one year high of GBX 2,765 ($34.82). The company’s 50-day simple moving average is GBX 2,545.25 and its 200-day simple moving average is GBX 2,512.40. The company has a debt-to-equity ratio of 45.83, a quick ratio of 1.51 and a current ratio of 2.45.

Halma Cuts Dividend

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

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “hold” rating on shares of Halma in a research report on Thursday.

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 Healthcare.