Hammerson plc (LON:HMSO) declared a dividend on Tuesday, July 24th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, August 30th will be given a dividend of GBX 11.10 ($0.14) per share by the real estate investment trust on Monday, October 8th. This represents a dividend yield of 2.08%. The ex-dividend date of this dividend is Thursday, August 30th. The official announcement can be accessed at this link.

Hammerson stock opened at GBX 483.20 ($6.18) on Friday. Hammerson has a one year low of GBX 430.40 ($5.50) and a one year high of £523.38 ($669.03).

Hammerson (LON:HMSO) last posted its quarterly earnings results on Tuesday, July 24th. The real estate investment trust reported GBX 15.10 ($0.19) EPS for the quarter, missing the Zacks’ consensus estimate of GBX 15.60 ($0.20) by GBX (0.50) (($0.01)). Hammerson had a return on equity of 3.36% and a net margin of 97.06%.

A number of equities analysts have recently commented on the company. Credit Suisse Group lowered Hammerson to an “underperform” rating and cut their price target for the stock from GBX 545 ($6.97) to GBX 540 ($6.90) in a report on Wednesday, June 6th. Morgan Stanley lowered Hammerson to an “equal weight” rating and cut their price target for the stock from GBX 600 ($7.67) to GBX 565 ($7.22) in a report on Thursday, July 26th. Liberum Capital reaffirmed a “hold” rating on shares of Hammerson in a report on Friday, June 1st. JPMorgan Chase & Co. cut their price target on Hammerson from GBX 725 ($9.27) to GBX 700 ($8.95) and set an “overweight” rating for the company in a report on Thursday, May 3rd. Finally, Barclays cut their price target on Hammerson from GBX 520 ($6.65) to GBX 500 ($6.39) and set an “equal weight” rating for the company in a report on Monday, August 6th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 562.42 ($7.19).

In related news, insider Jean-Philippe Mouton sold 44,471 shares of Hammerson stock in a transaction on Wednesday, May 30th. The stock was sold at an average price of GBX 553 ($7.07), for a total transaction of £245,924.63 ($314,361.03).

Hammerson Company Profile

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.

Read More: Earnings Per Share (EPS)

Dividend History for Hammerson (LON:HMSO)

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