Hillenbrand, Inc. (NYSE:HI) Stake Cut by Yousif Capital Management LLC

Yousif Capital Management LLC lessened its holdings in Hillenbrand, Inc. (NYSE:HI) by 2.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,757 shares of the company’s stock after selling 668 shares during the quarter. Yousif Capital Management LLC’s holdings in Hillenbrand were worth $824,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Fifth Third Bancorp boosted its position in Hillenbrand by 0.5% during the 4th quarter. Fifth Third Bancorp now owns 80,208 shares of the company’s stock valued at $2,469,000 after purchasing an additional 387 shares during the period. KBC Group NV boosted its holdings in shares of Hillenbrand by 32.2% during the third quarter. KBC Group NV now owns 2,263 shares of the company’s stock valued at $63,000 after acquiring an additional 551 shares during the period. OneDigital Investment Advisors LLC grew its position in shares of Hillenbrand by 3.8% during the third quarter. OneDigital Investment Advisors LLC now owns 16,657 shares of the company’s stock worth $463,000 after acquiring an additional 603 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Hillenbrand by 107.5% in the 4th quarter. GAMMA Investing LLC now owns 1,185 shares of the company’s stock worth $36,000 after acquiring an additional 614 shares during the period. Finally, R Squared Ltd bought a new stake in Hillenbrand in the 4th quarter valued at about $27,000. Institutional investors own 89.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on HI. StockNews.com lowered shares of Hillenbrand from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. DA Davidson restated a “neutral” rating and issued a $33.00 target price on shares of Hillenbrand in a research report on Friday, November 15th. Finally, KeyCorp reduced their price target on Hillenbrand from $45.00 to $40.00 and set an “overweight” rating for the company in a research report on Thursday, November 14th.

Hillenbrand Trading Up 0.4 %

Hillenbrand stock opened at $34.76 on Friday. Hillenbrand, Inc. has a 12-month low of $25.11 and a 12-month high of $50.58. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.34 and a quick ratio of 0.83. The stock has a market capitalization of $2.45 billion, a PE ratio of -11.07 and a beta of 1.43. The firm has a 50 day simple moving average of $32.43 and a 200-day simple moving average of $31.41.

Hillenbrand (NYSE:HI) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.02. Hillenbrand had a positive return on equity of 15.00% and a negative net margin of 7.12%. During the same quarter last year, the company posted $0.69 earnings per share. As a group, equities research analysts expect that Hillenbrand, Inc. will post 2.94 EPS for the current fiscal year.

Hillenbrand Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 2.59%. This is an increase from Hillenbrand’s previous quarterly dividend of $0.22. The ex-dividend date was Monday, December 16th. Hillenbrand’s dividend payout ratio is presently -28.66%.

About Hillenbrand

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.