Share on StockTwits
 

Hillshire Brands (NYSE:HSH) declared a quarterly dividend on Wednesday, January 22nd, AnalystRatingsNetwork reports. Shareholders of record on Monday, March 3rd will be given a dividend of 0.175 per share on Monday, April 7th. This represents a $0.70 dividend on an annualized basis and a yield of 2.03%.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Hillshire Brands from an “underperform” rating to a “neutral” rating in a research note to investors on Friday, January 3rd. They now have a $34.20 price target on the stock. On the ratings front, analysts at BMO Capital Markets upgraded shares of Hillshire Brands from a “market perform” rating to an “outperform” rating in a research note to investors on Thursday, November 21st. They now have a $40.00 price target on the stock, up previously from $31.00. Finally, analysts at DA Davidson cut their price target on shares of Hillshire Brands from $35.00 to $25.00 in a research note to investors on Friday, November 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $34.64.

Hillshire Brands (NYSE:HSH) traded up 0.44% on Wednesday, hitting $34.45. 955,189 shares of the company’s stock traded hands. Hillshire Brands has a one year low of $30.21 and a one year high of $37.28. The stock’s 50-day moving average is $33.27 and its 200-day moving average is $32.84. The company has a market cap of $4.238 billion and a P/E ratio of 18.67.

Hillshire Brands (NYSE:HSH) last released its earnings data on Thursday, October 31st. The company reported $0.35 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.35. The company had revenue of $984.00 million for the quarter, compared to the consensus estimate of $959.65 million. During the same quarter last year, the company posted $0.51 earnings per share. Hillshire Brands’s revenue was down 2.7% compared to the same quarter last year. On average, analysts predict that Hillshire Brands will post $1.66 earnings per share for the current fiscal year.

The Hillshire Brands Company (NYSE:HSH), formerly Sara Lee Corporation, is a meat-centric food solutions company.

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.