Hunting plc (LON:HTG) declared a dividend on Thursday, February 28th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, April 18th will be given a dividend of $0.05 per share on Friday, May 10th. This represents a dividend yield of 0.69%. The ex-dividend date of this dividend is Thursday, April 18th. This is a boost from Hunting’s previous dividend of $0.04. The official announcement can be seen at this link.
HTG stock opened at GBX 643.54 ($8.41) on Wednesday. Hunting has a twelve month low of GBX 448 ($5.85) and a twelve month high of GBX 934.50 ($12.21). The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.73 and a current ratio of 4.06. The company has a market capitalization of $1.05 billion and a PE ratio of 12.30.
A number of research analysts have recently weighed in on the company. Barclays restated an “equal weight” rating on shares of Hunting in a report on Thursday, April 11th. UBS Group upgraded Hunting to a “buy” rating and raised their target price for the company from GBX 600 ($7.84) to GBX 710 ($9.28) in a report on Monday, March 18th. Canaccord Genuity dropped their target price on Hunting from GBX 775 ($10.13) to GBX 650 ($8.49) and set a “buy” rating on the stock in a report on Wednesday, March 27th. Royal Bank of Canada dropped their target price on Hunting from GBX 930 ($12.15) to GBX 845 ($11.04) and set an “outperform” rating on the stock in a report on Thursday, February 21st. Finally, Berenberg Bank dropped their target price on Hunting from GBX 650 ($8.49) to GBX 640 ($8.36) and set a “hold” rating on the stock in a report on Monday, March 25th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company. Hunting presently has an average rating of “Buy” and an average price target of GBX 806.36 ($10.54).
COPYRIGHT VIOLATION WARNING: “Hunting plc (HTG) To Go Ex-Dividend on April 18th” was first reported by WKRB News and is owned by of WKRB News. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this piece can be read at https://www.wkrb13.com/2019/04/17/hunting-plc-htg-to-go-ex-dividend-on-april-18th.html.
Hunting PLC, together with its subsidiaries, manufactures and distributes tools and equipment for the upstream energy industry worldwide. The company offers perforating guns and accessories; and connections, oil country tubular goods, drilling tools, subsea equipment, intervention tools, and electronics.
See Also: Why is the ROA ratio important?
Receive News & Ratings for Hunting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hunting and related companies with MarketBeat.com's FREE daily email newsletter.