Hotel Chocolat Group PLC (LON:HOTC) declared a dividend on Wednesday, February 21st, Upcoming.Co.Uk reports. Investors of record on Thursday, March 1st will be paid a dividend of GBX 0.60 ($0.01) per share on Tuesday, April 3rd. This represents a yield of 0.2%. The ex-dividend date is Thursday, March 1st. The official announcement can be seen at this link.
Shares of Hotel Chocolat Group (LON HOTC) traded down GBX 5 ($0.07) during mid-day trading on Thursday, hitting GBX 347.50 ($4.80). The stock had a trading volume of 20,093 shares, compared to its average volume of 71,442. The firm has a market capitalization of $377.67 and a P/E ratio of 3,861.11. Hotel Chocolat Group has a 1-year low of GBX 238 ($3.29) and a 1-year high of GBX 405 ($5.60).
Hotel Chocolat Group (LON:HOTC) last posted its quarterly earnings results on Wednesday, February 21st. The company reported GBX 9 ($0.12) EPS for the quarter. Hotel Chocolat Group had a net margin of 14.11% and a return on equity of 57.40%. The company had revenue of GBX 7,171 million for the quarter.
A number of research firms have commented on HOTC. Liberum Capital reiterated a “buy” rating and issued a GBX 410 ($5.66) price objective on shares of Hotel Chocolat Group in a report on Wednesday, January 24th. Berenberg Bank cut shares of Hotel Chocolat Group to a “hold” rating and dropped their price target for the company from GBX 380 ($5.25) to GBX 340 ($4.70) in a research note on Wednesday, February 21st.
In other Hotel Chocolat Group news, insider Matt Pritchard purchased 9,500 shares of the firm’s stock in a transaction on Wednesday, January 24th. The stock was bought at an average price of GBX 332 ($4.59) per share, with a total value of £31,540 ($43,575.57).
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About Hotel Chocolat Group
Hotel Chocolat Group plc is a chocolate company. The Company is engaged in manufacturing and retailing of chocolate in the United Kingdom and overseas. The Company operates in three areas: the United Kingdom, Europe and Rest of World. The Company offers chocolates under the brand, Hotel Chocolat. The Company sells its chocolate direct to customers though subscription, online and its approximately 83 stores.
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