Insider Buying: Hill & Smith PLC (LON:HILS) Insider Purchases 10,000 Shares of Stock

Hill & Smith PLC (LON:HILS) insider Rutger Helbing acquired 10,000 shares of the stock in a transaction on Wednesday, September 25th. The stock was purchased at an average cost of GBX 2,039 ($27.30) per share, with a total value of £203,900 ($273,031.60).

Hill & Smith Stock Performance

Shares of HILS opened at GBX 2,075 ($27.79) on Friday. Hill & Smith PLC has a 52-week low of GBX 1,574 ($21.08) and a 52-week high of GBX 2,330 ($31.20). The company has a quick ratio of 0.92, a current ratio of 2.19 and a debt-to-equity ratio of 34.30. The firm has a market cap of £1.67 billion, a price-to-earnings ratio of 2,212.77 and a beta of 1.31. The business’s 50 day moving average is GBX 2,103.29 and its two-hundred day moving average is GBX 2,011.87.

Hill & Smith Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, January 7th. Shareholders of record on Thursday, November 28th will be paid a dividend of GBX 16.50 ($0.22) per share. The ex-dividend date is Thursday, November 28th. This represents a yield of 0.77%. Hill & Smith’s dividend payout ratio (DPR) is 4,787.23%.

Wall Street Analysts Forecast Growth

HILS has been the subject of a number of recent analyst reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,350 ($31.47) price target on shares of Hill & Smith in a report on Thursday, August 8th. Shore Capital restated a “buy” rating on shares of Hill & Smith in a research note on Thursday, September 19th.

About Hill & Smith

Hill & Smith PLC manufactures and supplies infrastructure products in the United Kingdom, rest of Europe, North America, the Middle East, rest of Asia, and internationally. It operates through three segments: Roads & Security, Engineered Solutions, and Galvanizing Services. The Roads & Security segment supplies products and services to support road and highway infrastructure, including temporary and permanent road safety barriers; renewable energy lighting and power solutions; intelligent traffic solutions; street lighting columns; and bridge parapets, as well as offers security products that includes hostile vehicle mitigation solutions, high security fencing, and automated gate solutions.