2 weeks Ago By Defense World Staff
Legal & General Group Plc lowered its stake in shares of Hillenbrand, Inc. ( NYSE:HI – Free Report ) by 3.3% during the 4th quarter, according to its most recent filing with the SEC.
The firm owned 194,018 shares of the company’s stock after selling 6,710 shares during the period. Legal & General Group Plc owned approximately 0.28% of Hillenbrand worth $5,972,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. R Squared Ltd purchased a new stake in shares of Hillenbrand during the 4th quarter worth approximately $27,000. YANKCOM Partnership bought a new stake in shares of Hillenbrand during the fourth quarter worth $30,000.
GAMMA Investing LLC boosted its position in Hillenbrand by 107.5% in the 4th quarter. GAMMA Investing LLC now owns 1,185 shares of the company’s stock valued at $36,000 after buying an additional 614 shares during the period.
Tompkins Financial Corp purchased a new stake in shares of Hillenbrand in the fourth quarter valued at approximately $54,000. Finally, Smartleaf Asset Management LLC grew its position in shares of Hillenbrand by 161.6% during the 4th quarter.
Smartleaf Asset Management LLC now owns 1,842 shares of the company’s stock worth $57,000 after buying an additional 1,138 shares in the last quarter. Hedge funds and other institutional investors own 89.09% of the company’s stock.
Analyst Upgrades and Downgrades Separately, StockNews.com downgraded shares of Hillenbrand from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Hillenbrand Price Performance Hillenbrand stock opened at $20.
52 on Monday. The company has a current ratio of 1.34, a quick ratio of 0.
86 and a debt-to-equity ratio of 1.33. The company has a 50-day moving average price of $26.
19 and a 200 day moving average price of $29.48. Hillenbrand, Inc.
has a 12-month low of $18.36 and a 12-month high of $49.95.
The stock has a market cap of $1.45 billion, a P/E ratio of -6.54 and a beta of 1.
46. Hillenbrand ( NYSE:HI – Get Free Report ) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.
56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.02.
Hillenbrand had a negative net margin of 7.12% and a positive return on equity of 15.00%.
During the same quarter last year, the firm earned $0.69 EPS. Sell-side analysts anticipate that Hillenbrand, Inc.
will post 2.53 earnings per share for the current year. Hillenbrand Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st.
Investors of record on Friday, March 14th were given a $0.225 dividend. The ex-dividend date of this dividend was Friday, March 14th.
This represents a $0.90 dividend on an annualized basis and a yield of 4.39%.
Hillenbrand’s dividend payout ratio (DPR) is -28.66%. About Hillenbrand ( Free Report ) 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. Featured Stories Five stocks we like better than Hillenbrand The Significance of Brokerage Rankings in Stock Selection With a 60%+ Upside, There’s Plenty to Love About Lovesac What Are Dividends? Buy the Best Dividend Stocks J.
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