High Liner Foods Inc (TSE:HLF) Insider High Liner Foods Incorporated Acquires 1,300 Shares

Insider High Liner Foods Inc (TSE:HLF – Get Rating) High Liner Foods Incorporated bought 1,300 shares of the company in a trade dated Friday, July 8. The shares were acquired at an average cost of CA$12.22 per share, for a total transaction of CA$15,884.96. Following the purchase, the insider now owns 1,300 shares of the company, valued at C$15,884.96.

High Liner Foods Incorporated has also recently completed the following trade(s):

  • On Monday, July 11, High Liner Foods Incorporated purchased 7,230 shares of High Liner Foods. The shares were acquired at an average cost of CA$12.49 per share, for a total transaction of CA$90,317.16.
  • On Wednesday, July 6, High Liner Foods Incorporated purchased 8,294 shares of High Liner Foods. The shares were acquired at an average cost of CA$12.00 per share, for a total transaction of CA$99,528.00.
  • On Monday, July 4, High Liner Foods Incorporated purchased 8,294 shares of High Liner Foods. The shares were purchased at an average cost of CA$11.95 per share, for a total transaction of CA$99,141.50.
  • On Wednesday, June 29, High Liner Foods Incorporated purchased 8,294 shares of High Liner Foods. The shares were purchased at an average cost of CA$12.40 per share, for a total transaction of CA$102,845.60.
  • On Monday, June 27, High Liner Foods Incorporated purchased 8,294 shares of High Liner Foods. The shares were purchased at an average cost of CA$12.39 per share, for a total transaction of CA$102,727.83.
  • On Friday, June 24, High Liner Foods Incorporated purchased 8,294 shares of High Liner Foods. The shares were purchased at an average cost of CA$12.48 per share, for a total transaction of CA$103,485.90.
  • On Wednesday, June 22, High Liner Foods Incorporated purchased 6,998 shares of High Liner Foods. The shares were purchased at an average cost of CA$12.42 per share, for a total transaction of CA$86,896.97.
  • On Monday, June 20, High Liner Foods Incorporated purchased 2,398 shares of High Liner Foods. The shares were purchased at an average cost of CA$12.45 per share, for a total transaction of CA$29,857.98.
  • On Friday, June 17, High Liner Foods Incorporated purchased 4,300 shares of High Liner Foods. The shares were purchased at an average cost of CA$12.34 per share, for a total transaction of CA$53,049.10.
  • On Wednesday, June 15, High Liner Foods Incorporated purchased 6,998 shares of High Liner Foods. The stock was purchased at an average cost of CA$12.62 per share, for a total transaction of CA$88,318.96.

Shares of HLF traded lower C$0.23 at midday on Monday, hitting C$12.18. The company’s shares had a trading volume of 15,537 shares, compared to an average volume of 28,917. High Liner Foods Inc has a 12-month low of C$11.06 and a 12-month high of C$15.45 CAN. The stock has a market capitalization of C$405.75 million and a PE ratio of 8.58. The company has a debt ratio of 84.25, a current ratio of 2.22 and a quick ratio of 0.66. The company’s 50-day moving average is C$12.01 and its 200-day moving average is C$13.02.

High Liner Foods (TSE:HLF – Get Rating) last released quarterly earnings data on Wednesday, May 11. The company reported EPS of C$0.54 for the quarter. The company posted revenue of C$373.35 million in the quarter, compared to C$355.85 million expected by analysts. As a group, sell-side analysts expect High Liner Foods Inc to post 1.83 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 15. Investors of record on Wednesday, June 1 received a dividend of $0.10 per share. The ex-dividend date was Tuesday, May 31. This represents a dividend of $0.40 on an annualized basis and a yield of 3.28%. High Liner Foods’ dividend payout ratio is currently 19.04%.

A number of equity research analysts have published reports on HLF shares. Royal Bank of Canada cut its price target on High Liner Foods from C$15.00 to C$13.00 and issued an “sector performance” rating on the stock in a Thursday 12 research report may. Clarus Securities reaffirmed a “buy” rating and issued a C$26.50 price target on shares of High Liner Foods in a research report on Wednesday, May 25. Finally, BMO Capital Markets downgraded High Liner Foods from an “outperforming” rating to a “market performing” rating and lowered its price target for the company from CA$16.00 to CA$13.00. in a report on Thursday, May 5.

About High Liner Foods (Get a rating)

High Liner Foods is North America’s leading processor and marketer of value-added frozen seafood. Their branded retail products are sold in the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co labels, and are available at most grocery stores and clubs.

Further reading

Insider buying and selling by quarter for High Liner Foods (TSE:HLF)

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