Hill-Rom Holdings Inc. Declares Quarterly Dividend of $0.14 (HRC)
Hill-Rom Holdings (NYSE:HRC) announced a quarterly dividend on Tuesday, September 10th, StockRatingsNetwork.com reports. Shareholders of record on Friday, September 20th will be paid a dividend of $0.1375 per share on Monday, September 30th. This represents a $0.55 annualized dividend and a dividend yield of 1.58%.
On a related note, analysts at Goldman Sachs Group Inc. downgraded shares of Hill-Rom Holdings (NYSE:HRC) from a “conviction-buy” rating to a “neutral” rating in a research note to investors on Tuesday, July 9th. They now have a GBX 36 ($0.56) price target on the stock, down previously from GBX 38 ($0.59).
Shares of Hill-Rom Holdings (NYSE:HRC) opened at 34.74 on Tuesday. Hill-Rom Holdings has a 52 week low of $26.29 and a 52 week high of $38.84. The stock has a 50-day moving average of $35.66 and a 200-day moving average of $34.93. The company has a market cap of $2.038 billion and a price-to-earnings ratio of 19.46.
Hill-Rom Holdings (NYSE:HRC) last announced its earnings results on Wednesday, July 24th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.01. The company had revenue of $424.00 million for the quarter, compared to the consensus estimate of $426.56 million. During the same quarter in the previous year, the company posted $0.56 earnings per share. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. On average, analysts predict that Hill-Rom Holdings will post $2.05 earnings per share for the current fiscal year.
Hill-Rom Holdings, Inc is a 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.