Linda Cook Sells 5,702 Shares of Harbour Energy plc (LON:HBR) Stock

Harbour Energy plc (LON:HBR) insider Linda Cook sold 5,702 shares of the business’s stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of GBX 313 ($3.98), for a total transaction of £17,847.26 ($22,683.35).

Linda Cook also recently made the following trade(s):

• On Tuesday, May 7th, Linda Cook sold 170,746 shares of Harbour Energy stock. The stock was sold at an average price of GBX 282 ($3.58), for a total value of £481,503.72 ($611,977.28).
• On Thursday, April 25th, Linda Cook acquired 86,050 shares of Harbour Energy stock. The stock was purchased at an average price of GBX 286 ($3.63) per share, with a total value of £246,103 ($312,789.78).

Harbour Energy Trading Up 1.0 %

Shares of HBR opened at GBX 308.10 ($3.92) on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.33 and a debt-to-equity ratio of 76.75. The stock has a market cap of £2.35 billion, a PE ratio of 10,163.33, a PEG ratio of 0.04 and a beta of -0.29. Harbour Energy plc has a 1 year low of GBX 210.50 ($2.68) and a 1 year high of GBX 328.90 ($4.18). The stock has a 50 day simple moving average of GBX 287.73 and a 200-day simple moving average of GBX 271.40.

Harbour Energy Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, May 22nd. Stockholders of record on Thursday, April 11th were paid a $0.13 dividend. This represents a dividend yield of 3.73%. The ex-dividend date of this dividend was Thursday, April 11th. This is an increase from Harbour Energy’s previous dividend of $0.12. Harbour Energy’s payout ratio is currently 66,666.67%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Jefferies Financial Group restated a “buy” rating and issued a GBX 350 ($4.45) target price on shares of Harbour Energy in a research note on Thursday, April 18th. Berenberg Bank raised their price objective on shares of Harbour Energy from GBX 250 ($3.18) to GBX 280 ($3.56) and gave the stock a “hold” rating in a report on Monday, February 19th.

Harbour Energy Company Profile

Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves. The company holds interests in various properties located in the United Kingdom, Norwegian Continental Shelves, Indonesia, Vietnam, and Mexico. It is also involved in the decommissioning, financing, gas trading, and risk mitigation activities.