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Pin to quick picksHilton Foods Share News (HFG)

Share Price Information for Hilton Foods (HFG)

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Share Price: 938.00
Bid: 932.00
Ask: 935.00
Change: 0.00 (0.00%)
Spread: 3.00 (0.322%)
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Sunday share tips: MP Evans, Hilton Foods

Sun, 20th Mar 2022 19:23

(Sharecast News) - The Financial Mail on Sunday's Midas column told readers to hold onto their shares of MP Evans, the producer of sustainable Indonesian palm oil.

Indeed, long-term investors may even want to snap up a few shares, the tipster added.

In a nutshell, so to speak, palm oil was one of three vegetable oils most commonly used and went into all sorts of products, ranging from Flora margarine to Maryland cookies or even toothpaste or soap.

Nearly half of the world's output of another oil, from sunflowers, came from Ukraine, and the 2022 harvest was likely to be "horribly disrupted".

Hence the recent price jump from already elevated levels and traders believed that it might remain high "for some time".

Analysts' expectations had been that MP Evans's profits would dip in 2022 and 2023 and that its dividend payout would flatline.

But, said Midas, "these predictions are likely to be upgraded in the next few days."

"Midas first recommended MP Evans in 2011, when the shares were £4.20. The price has more than doubled since then to £9.59 and should continue to gain ground.

"The firm boasts a 30-year track record of maintained or increased dividends too. Existing stockholders should sit tight. Longer-term investors may even want to snap up a few shares."

The Sunday Times's Lucy Tobin told readers to 'buy' shares of Hilton Foods, pointing to the company's nimble strategic acquisition plan to back up her investment thesis.

She also highlighted ShoreCap analyst Darren Shirley's characterisation of its chief executive officer, Philip Heffer, as a "very safe pair of hands".

Analysts continued to project healthy growth for Hilton's topline, to £3.8 billion for 2022, which would be up from £1.8bn in 2019 and £3.5bn in 2021.

Indeed, the company supplied 41% of the country's households with meat from its site in Huntingdon, Cambridgeshire, although it had another 18 factories spread across Europe and Australasia.

And survey data showed that Britons continued to have a voracious appetite for the likes of rashers of bacon.

The company had also bolstered its supply chain and diversified away from meat through the acquisitions that it had carried out over the past year.

Furthermore, she noted how Shirley expected leverage to come down once all of Hilton's deals had been embedded., which would free up the balance sheet again.

"The shares are cheaper, there's a meaty dividend policy, and a nimble, strategic acquisition plan will soon begin to plump up profits," she wrote.

"Hilton Foods is worth taking a butcher's knife at. Buy."

More News
23 May 2024 15:36

UK dividends calendar - next 7 days

Friday 24 May 
abrdn Asian Income Fund Ltddividend payment date
AVI Japan Opportunity Trust PLCdividend payment date
Braime Group PLCdividend payment date
Capricorn Energy PLCex-dividend payment date
Centaur Media PLCdividend payment date
Clarkson PLCdividend payment date
Edinburgh Investment Trust PLCdividend payment date
Foresight Solar Fund Ltddividend payment date
Greencoat Renewables PLCdividend payment date
Greggs PLCdividend payment date
Harworth Group PLCdividend payment date
Howden Joinery Group PLCdividend payment date
JPMorgan Asia Growth & Income PLCdividend payment date
M&G Credit Income Investment Trust PLCdividend payment date
Maven Income & Growth VCT 4 PLCdividend payment date
Nippon Active Value Fund PLCdividend payment date
Public Policy Holding Co Incdividend payment date
Reckitt Benckiser Group PLCdividend payment date
Rightmove PLCdividend payment date
Rotork PLCdividend payment date
Spirax-Sarco Engineering PLCdividend payment date
St James's Place PLCdividend payment date
Starwood European Real Estate Finance Ltddividend payment date
TP ICAP Group PLCdividend payment date
Tracsis PLCdividend payment date
Unite Group PLCdividend payment date
Monday 27 May 
no events scheduled 
Tuesday 28 May 
Atrato Onsite Energy PLCdividend payment date
Chesnara PLCdividend payment date
Costain Group PLCdividend payment date
CQS Natural Resources Growth & Income PLCdividend payment date
Foxtons Group PLCdividend payment date
Quilter PLCdividend payment date
Team Internet Group PLCdividend payment date
Tetragon Financial Group Ltddividend payment date
Wednesday 29 May 
Fresnillo PLCdividend payment date
Mortgage Advice Bureau Holdings PLCdividend payment date
Seplat Energy PLCspecial dividend payment date
Stelrad Group PLCdividend payment date
Tyman PLCdividend payment date
Wheaton Precious Metals Corpex-dividend payment date
Thursday 30 May 
Advanced Medical Solutions Group PLCex-dividend payment date
Alfa Financial Software Holdings PLCex-dividend payment date
Alfa Financial Software Holdings PLCspecial dividend payment date
Alliance Trust PLCex-dividend payment date
Anexo Group PLCex-dividend payment date
Associated British Foods PLCex-dividend payment date
Baillie Gifford Shin Nippon PLCdividend payment date
BlackRock World Mining Trust PLCex-dividend payment date
British Smaller Cos VCT2 PLCex-dividend payment date
Britvic PLCex-dividend payment date
Canadian General Investments Ltdex-dividend payment date
Card Factory PLCex-dividend payment date
Centamin PLCex-dividend payment date
Centrica PLCex-dividend payment date
Cerillion PLCex-dividend payment date
Coats Group PLCdividend payment date
Coca-Cola HBC AGex-dividend payment date
DFS Furniture PLCdividend payment date
Dowlais Group PLCdividend payment date
Downing Renewables & Infrastructure Trust PLCex-dividend payment date
Fair Oaks Income Ltdex-dividend payment date
Fair Oaks Income Ltd Realisationex-dividend payment date
Gamma Communications PLCex-dividend payment date
Great Portland Estates PLCex-dividend payment date
H&T Group PLCex-dividend payment date
Henderson EuroTrust PLCex-dividend payment date
Hill & Smith PLCex-dividend payment date
Hilton Food Group PLCex-dividend payment date
Intertek Group PLCex-dividend payment date
JPMorgan European Growth & Income PLCex-dividend payment date
JPMorgan Global Growth & Income PLCex-dividend payment date
JTC PLCex-dividend payment date
Keller Group PLCex-dividend payment date
Law Debenture Corp PLCex-dividend payment date
Likewise Group PLCex-dividend payment date
LMS Capital PLCex-dividend payment date
Macfarlane Group PLCdividend payment date
Marks & Spencer Group PLCex-dividend payment date
Mobeus Income & Growth 2 VCT PLCex-dividend payment date
Octopus AIM VCT 2 PLCex-dividend payment date
Octopus Titan VCT PLCdividend payment date
On the Beach Group PLCex-dividend payment date
Origin Enterprises PLCex-dividend payment date
PetroTal Corpex-dividend payment date
Premier Miton Global Renewables Trust PLCex-dividend payment date
Regional REIT Ltdex-dividend payment date
Sage Group PLCex-dividend payment date
Seplat Energy PLCex-dividend payment date
Severn Trent PLCex-dividend payment date
Temple Bar Investment Trust PLCex-dividend payment date
Triple Point Social Housing REIT PLCex-dividend payment date
Ultimate Products PLCex-dividend payment date
Vanquis Banking Group PLCdividend payment date
Victrex PLCex-dividend payment date
Yu Group PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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20 May 2024 08:47

Hilton Food "well positioned" despite "challenging" market conditions

(Alliance News) - Hilton Food Group PLC on Monday said trading in 2024 to-date has been in line with expectations, with volumes and sales ahead of the same period last year.

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20 May 2024 07:03

Hilton Food sees trading in line despite tough environment

(Sharecast News) - Hilton Food said trading in the year to date had been in line with expectations, with volumes and sales ahead of last year despite a challenging economic environment and lower raw materials prices in some of its markets.

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13 May 2024 16:18

UK shareholder meetings calendar - next 7 days

Tuesday 14 May 
Aptitude Software Group PLCAGM
Chesnara PLCAGM
Cirata PLCAGM
Computacenter PLCAGM
EKF Diagnostics Holdings PLCAGM
FDM Group PLCAGM
Henderson High Income Trust PLCAGM
Kakuzi LtdAGM
Luceco PLCAGM
Midwich Group PLCAGM
Phoenix Group Holdings PLCAGM
TI Fluid Systems PLCAGM
Wednesday 15 May 
Accrol Group Holdings PLCGM re takeover by Navigator Paper
Aura Renewable Acquisitions PLCAGM
Barratt Developments PLCGM re takeover of Redrow PLC
Bridgepoint Group PLCAGM
Burford Capital LtdAGM
Conduit Holdings LtdAGM
Funding Circle Holdings PLCAGM
Gama Aviation PLCGM re tender offer
GCP Asset Backed Income Fund LtdAGM
Greggs PLCAGM
IQGeo Group PLCAGM
Literacy Capital PLCAGM
Marshalls PLCAGM
Mpac Group PLCAGM
Redrow PLCGM re takeover by Barratt Developments PLC
Renewables Infrastructure Group LtdAGM
Savills PLCAGM
Seneca Growth Capital VCT PLCAGM
Spirax-Sarco Engineering PLCAGM
St James's Place PLCAGM
TP ICAP Group PLCAGM
Vesuvius PLCAGM
Thursday 16 May 
Ceres Power Holdings PLCAGM
ConvaTec Group PLCAGM
Costain Group PLCAGM
Eurocell PLCAGM
Global Opportunities Trust PLCAGM
Gresham Technologies PLCGM re takeover by STG Partners funds
H&T Group PLCAGM
Ibstock PLCAGM
Just Eat Takeaway.com NVAGM
Lloyds Banking Group PLCAGM
M&C Saatchi PLCAGM
Michelmersh Brick Holdings PLCAGM
Next PLCAGM
Predator Oil & Gas Holdings PLCAGM
PYX Resources LtdAGM
Restore PLCAGM
RTW Biotech Opportunities LtdAGM
Secure Trust Bank PLCAGM
Seplat Energy PLCAGM
Triple Point Social Housing REIT PLCAGM
Tyman PLCAGM
Unite Group PLCAGM
Vector Capital PLCAGM
Vistry PLCAGM
WAG Payment Solutions PLCAGM
Friday 17 May 
Bank of Cyprus Holdings PLCAGM
Central Asia Metals PLCAGM
Quantum Exponential Group PLCGM re potential substantial investment in company
Monday 20 May 
Georgia Capital PLCAGM
Harworth Group PLCAGM
Hilton Food Group PLCAGM
Itaconix PLCAGM
Malvern International PLCAGM
Windward LtdAGM
Revolution Bars Group PLCGM re fundraising
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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30 Apr 2024 09:46

LONDON BROKER RATINGS: Deutsche says buy Barr, Britvic and Fevertree

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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15 Apr 2024 09:49

LONDON BROKER RATINGS: UBS raises Crest Nicholson; Stifel cuts CRH

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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4 Apr 2024 14:26

FTSE 250 movers: Media stocks Future and Ascential see shares surge

(Sharecast News) - Future stole the show on Thursday after the media group reported a return to organic revenue growth in its second quarter, largely attributed to robust performances in Go.Compare, B2B sectors, and resilient magazine sales.

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3 Apr 2024 16:07

London close: Stocks reverse losses to finish slightly higher

(Sharecast News) - London markets saw modest gains by the close on Wednesday, following Wall Street higher in afternoon trading.

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3 Apr 2024 12:00

LONDON MARKET MIDDAY: Stocks down over US Fed rates cuts speculation

(Alliance News) - Stock prices in London were down at midday on Wednesday, as investors showed caution over the US interest rate cuts outlook, with continued robust data showing the resilience of the US economy.

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3 Apr 2024 08:59

LONDON MARKET OPEN: FTSE 100 down as US Fed cut conviction wanes

(Alliance News) - Stock prices in London opened down on Wednesday, as sentiment in global equities weakened with investors fretting over the US interest rate outlook.

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3 Apr 2024 08:30

TOP NEWS: Hilton Food lifts payout as seafood arm boosts profit

(Alliance News) - Hilton Food Group PLC on Wednesday said an improved showing at its seafood business underpinned a sharp increase in annual profit.

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3 Apr 2024 07:57

LONDON BRIEFING: Wizz Air capacity rises; Hilton Food profit up

(Alliance News) - Stocks in London are set to open lower on Wednesday, as sentiment in global equities takes a hit amid doubts over the timing of US interest rate cuts following continued robust economic data.

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3 Apr 2024 07:12

Hilton Foods sees profits jump 20% on seafood performance

(Sharecast News) - Meat, seafood and meat alternatives group Hilton Foods saw profits rise by a fifth in 2023 despite modest top-line growth. helped by the turnaround in its seafood business.

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27 Mar 2024 13:24

UK earnings, trading statements calendar - next 7 days

Thursday 28 March 
Arbuthnot Banking Group PLCFull Year Results
Bank of Cyprus Holdings PLCFull Year Results
BBGI Global Infrastructure SAFull Year Results
Capricorn Energy PLCFull Year Results
Chesnara PLCFull Year Results
Crystal Amber Fund LtdHalf Year Results
EnQuest PLCFull Year Results
First Tin PLCHalf Year Results
International Public Partnerships LtdFull Year Results
JD Sports Fashion PLCFull Year Results
Schroders Capital Global Innovation Trust PLCFull Year Results
Friday 29 March 
no events scheduled 
Monday 1 April 
no events scheduled 
Tuesday 2 April 
no events scheduled 
Wednesday 3 April 
Hilton Food Group PLCFull Year Results
Impax Environmental Markets PLCFull Year Results
Pantheon Infrastructure PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
11 Jan 2024 16:34

London close: Stocks fall as US inflation comes in hot

(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.

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