Hill-Rom Holdings, Inc. Plans Quarterly Dividend of $0.15 (HRC)
Hill-Rom Holdings (NYSE:HRC) announced a quarterly dividend on Wednesday, September 3rd, Stock Ratings Network reports. Stockholders of record on Tuesday, September 16th will be paid a dividend of 0.1525 per share on Tuesday, September 30th. This represents a $0.61 annualized dividend and a dividend yield of 1.39%.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs upgraded shares of Hill-Rom Holdings from a “neutral” rating to a “buy” rating in a research note on Wednesday, June 25th. Analysts at Piper Jaffray raised their price target on shares of Hill-Rom Holdings from $40.00 to $43.00 in a research note on Wednesday, June 25th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $39.50.
Shares of Hill-Rom Holdings (NYSE:HRC) opened at 43.91 on Wednesday. Hill-Rom Holdings has a 52 week low of $34.00 and a 52 week high of $44.64. The stock’s 50-day moving average is $41.46 and its 200-day moving average is $39.47. The company has a market cap of $2.520 billion and a P/E ratio of 36.38.
Hill-Rom Holdings (NYSE:HRC) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.45 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.59 by $0.14. The company had revenue of $398.00 million for the quarter, compared to the consensus estimate of $411.41 million. During the same quarter last year, the company posted $0.49 earnings per share. Hill-Rom Holdings’s revenue was down 6.3% compared to the same quarter last year. Analysts expect that Hill-Rom Holdings will post $2.23 EPS for the current fiscal year.
Hill-Rom Holdings, Inc (NYSE:HRC) is a manufacturer and provider of medical technologies and related services for the health care industry, including patient care systems, safe mobility and handling solutions, non-invasive therapeutic products for a variety of acute and chronic medical conditions, medical equipment rentals, surgical products and information technology solutions.