Hillenbrand, Inc. (NYSE:HI) Stock Holdings Cut by EMC Capital Management

EMC Capital Management lessened its position in Hillenbrand, Inc. (NYSE:HI) by 70.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,500 shares of the company’s stock after selling 8,268 shares during the period. EMC Capital Management’s holdings in Hillenbrand were worth $108,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. OLD National Bancorp IN acquired a new position in Hillenbrand during the fourth quarter worth about $208,000. R Squared Ltd bought a new position in shares of Hillenbrand during the 4th quarter valued at about $27,000. Twelve Points Wealth Management LLC grew its stake in shares of Hillenbrand by 10.4% in the 4th quarter. Twelve Points Wealth Management LLC now owns 45,207 shares of the company’s stock worth $1,391,000 after purchasing an additional 4,248 shares during the last quarter. KBC Group NV grew its stake in shares of Hillenbrand by 50.2% in the 4th quarter. KBC Group NV now owns 3,400 shares of the company’s stock worth $105,000 after purchasing an additional 1,137 shares during the last quarter. Finally, Fifth Third Bancorp raised its holdings in shares of Hillenbrand by 0.5% in the 4th quarter. Fifth Third Bancorp now owns 80,208 shares of the company’s stock worth $2,469,000 after purchasing an additional 387 shares in the last quarter. Institutional investors and hedge funds own 89.09% of the company’s stock.

Analyst Upgrades and Downgrades

HI has been the topic of several recent research reports. KeyCorp decreased their price target on shares of Hillenbrand from $45.00 to $40.00 and set an “overweight” rating on the stock in a research report on Thursday, November 14th. DA Davidson reaffirmed a “neutral” rating and set a $33.00 target price on shares of Hillenbrand in a report on Friday, November 15th. Finally, StockNews.com raised Hillenbrand from a “hold” rating to a “buy” rating in a research note on Thursday, December 26th.

Hillenbrand Trading Up 1.3 %

NYSE HI opened at $34.19 on Friday. The firm’s 50 day moving average price is $32.52 and its two-hundred day moving average price is $32.26. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 1.27. Hillenbrand, Inc. has a twelve month low of $25.11 and a twelve month high of $50.58. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of -11.44 and a beta of 1.43.

Hillenbrand (NYSE:HI) last issued its quarterly earnings results on Wednesday, November 13th. The company reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.08. The business had revenue of $837.60 million for the quarter, compared to the consensus estimate of $793.38 million. Hillenbrand had a positive return on equity of 14.86% and a negative net margin of 6.63%. Hillenbrand’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.13 earnings per share. Equities analysts anticipate that Hillenbrand, Inc. will post 3.2 EPS for the current year.

Hillenbrand Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were given a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 2.63%. This is a positive change from Hillenbrand’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Monday, December 16th. Hillenbrand’s dividend payout ratio is -30.10%.

Hillenbrand Profile

Hillenbrand, Inc operates as an industrial company in the United States and internationally. The company operates through two segments, Advanced Process Solutions and Molding Technology Solutions. The Advanced Process Solutions segment designs, engineers, manufactures, markets, and services process and material handling equipment and systems comprising compounding, extrusion, and material handling equipment, equipment system design services, as well as offers mixing technology, ingredient automation, and portion process; and provides screening and separating equipment for various industries, including plastics, food and pharmaceuticals, chemicals, fertilizers, minerals, energy, wastewater treatment, forest products, and other general industrials.