Hammerson (LON:HMSO) declared a dividend on Monday, February 26th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, March 15th will be given a dividend of GBX 14.80 ($0.21) per share by the real estate investment trust on Thursday, April 26th. This represents a yield of 3.32%. The ex-dividend date of this dividend is Thursday, March 15th. This is a positive change from Hammerson’s previous dividend of $10.70. The official announcement can be accessed at this link.
Shares of LON:HMSO traded up GBX 8.60 ($0.12) during midday trading on Thursday, reaching GBX 547 ($7.68). The company had a trading volume of 5,102,266 shares, compared to its average volume of 5,840,000. Hammerson has a 52-week low of GBX 430.40 ($6.04) and a 52-week high of £523.38 ($734.67).
Hammerson (LON:HMSO) last issued its quarterly earnings results on Monday, February 26th. The real estate investment trust reported GBX 31.10 ($0.44) earnings per share for the quarter, topping the Zacks’ consensus estimate of GBX 30.90 ($0.43) by GBX 0.20 ($0.00). The company had revenue of £248.90 million for the quarter. Hammerson had a net margin of 97.06% and a return on equity of 3.36%.
A number of brokerages recently issued reports on HMSO. Numis Securities restated a “hold” rating and issued a GBX 518 ($7.27) price objective on shares of Hammerson in a research note on Monday, March 19th. Liberum Capital restated a “hold” rating and issued a GBX 610 ($8.56) price objective on shares of Hammerson in a research note on Monday, March 19th. Peel Hunt restated a “hold” rating and issued a GBX 525 ($7.37) price objective on shares of Hammerson in a research note on Monday, March 19th. Canaccord Genuity decreased their price target on Hammerson from GBX 655 ($9.19) to GBX 590 ($8.28) and set a “buy” rating on the stock in a research report on Friday, December 22nd. Finally, Goldman Sachs upgraded Hammerson to a “buy” rating and set a GBX 625 ($8.77) price target on the stock in a research report on Friday, December 8th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. Hammerson presently has an average rating of “Hold” and an average price target of GBX 573.54 ($8.05).
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Hammerson is a FTSE 100 owner, manager and developer of retail destinations in Europe. Our portfolio of high-quality retail property has a value of around £10.5 billion and includes 23 prime shopping centres, 17 convenient retail parks and investments in 20 premium outlet villages, through our partnership with Value Retail and the VIA Outlets joint venture.
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