Hill-Rom Holdings (HRC) Declares Quarterly Dividend of $0.13
Hill-Rom Holdings (NYSE:HRC) announced a quarterly dividend on Monday, March 4th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.13 per share on Friday, March 29th. This represents a $0.50 annualized dividend and a dividend yield of 1.54%.
HRC has been the subject of a number of recent research reports. Analysts at CL King downgraded shares of Hill-Rom Holdings from a “neutral” rating to a “sell” rating in a research note to investors on Monday, February 11th. On a related note, analysts at Goldman Sachs upgraded shares of Hill-Rom Holdings from a “buy” rating to a “conviction-buy” rating in a research note to investors on Wednesday, February 6th. They now have a $41.00 price target on the stock, up previously from $40.00.
Four investment analysts have rated the stock with a buy rating, five have given a hold rating, one has issued an underweight rating, and one has assigned a sell rating to the company. The company has a consensus rating of “hold” and an average target price of $34.57.
Shares of Hill-Rom Holdings (HRC) opened at 32.50 on Monday. Hill-Rom Holdings (HRC) has a one year low of $24.69 and a one year high of $36.13. The stock’s 50-day moving average is currently $32.64. The company has a market cap of $1.961 billion and a P/E ratio of 18.05.
Hill-Rom Holdings last issued its quarterly earnings data on Wednesday, January 23rd. The company reported $0.47 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.44 by $0.03. The company had revenue of $428.00 million for the quarter, compared to the consensus estimate of $414.20 million. During the same quarter in the prior year, the company posted $0.53 earnings per share. The company’s quarterly revenue was up 12.4% on a year-over-year basis. Hill-Rom Holdings has set its Q2 guidance at $0.48-0.50 EPS and its FY13 guidance at $2.01-2.11 EPS. On average, analysts predict that Hill-Rom Holdings (HRC) will post $2.07 earnings per share for the current fiscal year.
Hill-Rom Holdings, Inc. is a worldwide manufacturer and provider of medical technologies and related services for the health care industry, including patient support systems, safe mobility and handling solutions, non-invasive therapeutic products for a variety of acute and chronic medical conditions, medical equipment rentals and information technology solutions.
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