US Bancorp DE Increases Stock Position in Hillenbrand, Inc. (NYSE:HI)

US Bancorp DE raised its position in shares of Hillenbrand, Inc. (NYSE:HI) by 26.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,153 shares of the company’s stock after buying an additional 1,943 shares during the period. US Bancorp DE’s holdings in Hillenbrand were worth $282,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in HI. R Squared Ltd purchased a new stake in Hillenbrand during the 4th quarter valued at $27,000. YANKCOM Partnership bought a new position in Hillenbrand in the 4th quarter worth $30,000. GAMMA Investing LLC raised its holdings in 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 purchasing an additional 614 shares in the last quarter. Tompkins Financial Corp bought a new position in Hillenbrand in the 4th quarter worth $54,000. Finally, KBC Group NV raised its holdings in Hillenbrand by 32.2% in the 3rd quarter. KBC Group NV now owns 2,263 shares of the company’s stock worth $63,000 after purchasing an additional 551 shares in the last quarter. Hedge funds and other institutional investors own 89.09% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. DA Davidson restated a “neutral” rating and issued a $33.00 price objective on shares of Hillenbrand in a report on Friday, November 15th. StockNews.com lowered shares of Hillenbrand from a “buy” rating to a “hold” rating in a report on Thursday, February 6th.

Hillenbrand Stock Up 1.8 %

Shares of Hillenbrand stock opened at $25.31 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.34 and a quick ratio of 0.86. The company has a 50-day moving average of $31.62 and a 200 day moving average of $30.50. The firm has a market cap of $1.78 billion, a price-to-earnings ratio of -8.06 and a beta of 1.41. Hillenbrand, Inc. has a 1 year low of $24.64 and a 1 year high of $50.58.

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, topping the consensus estimate 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 period last year, the business posted $0.69 earnings per share. As a group, sell-side analysts anticipate that Hillenbrand, Inc. will post 2.53 earnings per share for the current fiscal year.

Hillenbrand Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.225 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.90 annualized dividend and a dividend yield of 3.56%. Hillenbrand’s payout ratio is -28.66%.

Hillenbrand Company 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.