Hudson Valley Holding Corp. (NYSE:HVB) declared a quarterly dividend on Tuesday, July 23rd, StockRatingsNetwork reports. Shareholders of record on Monday, August 5th will be given a dividend of $0.06 per share on Friday, August 16th. This represents a $0.24 dividend on an annualized basis and a yield of 1.27%.
Several analysts have recently commented on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Hudson Valley Holding Corp. from $14.50 to $18.00 in a research note to investors on Thursday, July 11th. Analysts at TheStreet upgraded shares of Hudson Valley Holding Corp. from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, May 22nd.
Hudson Valley Holding Corp. (NYSE: HVB) traded up 1.22% on Tuesday, hitting $19.06. Hudson Valley Holding Corp. has a 1-year low of $13.23 and a 1-year high of $19.33. The stock’s 50-day moving average is currently $17.98. The company has a market cap of $378.9 million and a price-to-earnings ratio of 25.11.
Hudson Valley Holding Corp. (NYSE:HVB) last issued its quarterly earnings data on Tuesday, July 23rd. The company reported $0.18 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.17 by $0.01. During the same quarter in the prior year, the company posted $0.25 earnings per share. On average, analysts predict that Hudson Valley Holding Corp. will post $0.71 earnings per share for the current fiscal year.
Hudson Valley Holding Corp. is a bank holding company. The Company provides financial services through its wholly-owned subsidiary, Hudson Valley Bank, N.