Halma plc (HLMA) to Issue Dividend of GBX 9 on January 31st

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 viewed at this link.

Halma Stock Up 0.3 %

Shares of HLMA 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 52 week low of GBX 2,104.01 ($26.69) and a 52 week high of GBX 2,815 ($35.71). The stock 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.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on HLMA shares. Berenberg Bank lifted their price target 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 report on Thursday, December 5th. Shore Capital restated a “hold” rating on shares of Halma in a report on Thursday, November 21st. Finally, JPMorgan Chase & Co. upgraded Halma to a “neutral” rating and set a GBX 2,600 ($32.99) target price for the company in a research note on Friday, December 6th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 2,587.50 ($32.83).

Insiders Place Their Bets

In related news, insider Jennifer Ward sold 50,000 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of GBX 2,648 ($33.60), for a total transaction of £1,324,000 ($1,679,776.71). Insiders own 2.20% of the company’s stock.

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.