Fuller & Thaler Asset Management Inc. Grows Stake in Hillenbrand, Inc. (NYSE:HI)

Fuller & Thaler Asset Management Inc. grew its holdings in shares of Hillenbrand, Inc. (NYSE:HI - Free Report) by 10.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,116,444 shares of the company's stock after acquiring an additional 387,048 shares during the period. Fuller & Thaler Asset Management Inc. owned about 5.85% of Hillenbrand worth $126,704,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fifth Third Bancorp increased its stake in shares of Hillenbrand by 0.5% in the fourth 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. GAMMA Investing LLC boosted 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 buying an additional 614 shares during the period. Bank of Montreal Can increased its stake in Hillenbrand by 6.1% in the 4th quarter. Bank of Montreal Can now owns 13,039 shares of the company's stock worth $401,000 after buying an additional 746 shares in the last quarter. R Squared Ltd bought a new stake in Hillenbrand during the fourth quarter valued at about $27,000. Finally, SkyView Investment Advisors LLC raised its holdings in Hillenbrand by 4.5% during the third quarter. SkyView Investment Advisors LLC now owns 20,490 shares of the company's stock valued at $570,000 after acquiring an additional 891 shares during the period. 89.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Hillenbrand from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th.

Hillenbrand Price Performance

Shares of HI stock traded down $0.04 during mid-day trading on Friday, hitting $22.49. The company had a trading volume of 354,638 shares, compared to its average volume of 458,714. The company has a market capitalization of $1.58 billion, a P/E ratio of -7.16 and a beta of 1.46. The stock's 50 day moving average price is $24.90 and its 200-day moving average price is $29.27. Hillenbrand, Inc. has a 52-week low of $18.36 and a 52-week high of $49.95. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.34 and a quick ratio of 0.86.

Hillenbrand (NYSE:HI - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.56 EPS for the quarter, beating 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 quarter in the prior year, the firm posted $0.69 earnings per share. Equities research analysts forecast that Hillenbrand, Inc. will post 2.53 earnings per share for the current year.

Hillenbrand Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date was Friday, March 14th. Hillenbrand's dividend payout ratio (DPR) is presently -28.66%.

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.