News coverage about Hill-Rom Holdings (NYSE:HRC) has trended positive on Thursday, according to AlphaOne Sentiment. The research group, a unit of Accern, identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hill-Rom Holdings earned a media sentiment score of 0.44 on AlphaOne’s scale. AlphaOne also gave news stories about the medical technology company an impact score of 33 out of 100, meaning that recent press coverage is unlikely to have an impact on the company’s share price in the next few days.
Several brokerages have recently issued reports on HRC. Barclays PLC reissued an “overweight” rating and issued a $75.00 price target (up previously from $70.00) on shares of Hill-Rom Holdings in a report on Wednesday. Zacks Investment Research raised shares of Hill-Rom Holdings from a “hold” rating to a “buy” rating and set a $80.00 price target for the company in a report on Monday, April 3rd. Finally, Stifel Nicolaus began coverage on shares of Hill-Rom Holdings in a report on Monday, January 23rd. They issued a “buy” rating and a $70.00 price target for the company. Six investment analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average target price of $69.17.
Shares of Hill-Rom Holdings (NYSE:HRC) traded up 0.99% during trading on Thursday, reaching $71.74. 235,915 shares of the company were exchanged. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of 33.41 and a beta of 1.20. The stock’s 50-day moving average is $69.25 and its 200-day moving average is $61.08. Hill-Rom Holdings has a 52-week low of $46.79 and a 52-week high of $71.83.
Hill-Rom Holdings (NYSE:HRC) last released its quarterly earnings results on Friday, January 27th. The medical technology company reported $0.75 earnings per share for the quarter, hitting the consensus estimate of $0.75. Hill-Rom Holdings had a net margin of 5.44% and a return on equity of 19.12%. The business had revenue of $637.40 million for the quarter, compared to analysts’ expectations of $654.12 million. During the same period in the previous year, the company earned $0.68 earnings per share. The firm’s revenue for the quarter was down 3.7% compared to the same quarter last year. Equities research analysts predict that Hill-Rom Holdings will post $3.82 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, March 31st. Investors of record on Friday, March 24th were issued a dividend of $0.18 per share. The ex-dividend date was Wednesday, March 22nd. This is a boost from Hill-Rom Holdings’s previous quarterly dividend of $0.17. This represents a $0.72 annualized dividend and a yield of 1.01%. Hill-Rom Holdings’s payout ratio is 31.78%.
In other Hill-Rom Holdings news, SVP Alton Shader sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, March 16th. The shares were sold at an average price of $69.34, for a total value of $1,040,100.00. Following the completion of the transaction, the senior vice president now owns 52,638 shares of the company’s stock, valued at approximately $3,649,918.92. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO John J. Greisch sold 207,987 shares of the business’s stock in a transaction that occurred on Tuesday, March 7th. The stock was sold at an average price of $65.86, for a total transaction of $13,698,023.82. Following the completion of the transaction, the chief executive officer now directly owns 301,565 shares of the company’s stock, valued at approximately $19,861,070.90. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 224,390 shares of company stock worth $14,823,637. 2.20% of the stock is owned by corporate insiders.
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About Hill-Rom Holdings
Hill-Rom Holdings, Inc is a global medical technology company. The Company operates through four segments: North America Patient Support Systems, International Patient Support Systems, Front Line Care and Surgical Solutions. The Company’s products and services include Patient Support Systems, Front Line Care and Surgical Solutions.
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