Hillenbrand, Inc. (NYSE:HI) Shares Purchased by Jump Financial LLC

Jump Financial LLC increased its stake in Hillenbrand, Inc. (NYSE:HI - Free Report) by 167.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 39,314 shares of the company's stock after buying an additional 24,614 shares during the quarter. Jump Financial LLC owned about 0.06% of Hillenbrand worth $1,210,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. R Squared Ltd bought a new stake in shares of Hillenbrand in the fourth quarter worth $27,000. YANKCOM Partnership acquired a new stake in shares of Hillenbrand in the 4th quarter valued at about $30,000. GAMMA Investing LLC lifted its position in shares of Hillenbrand by 107.5% during the fourth quarter. GAMMA Investing LLC now owns 1,185 shares of the company's stock worth $36,000 after purchasing an additional 614 shares during the last quarter. Sterling Capital Management LLC grew its stake in Hillenbrand by 712.8% in the fourth quarter. Sterling Capital Management LLC now owns 1,520 shares of the company's stock worth $47,000 after purchasing an additional 1,333 shares in the last quarter. Finally, Tompkins Financial Corp bought a new stake in Hillenbrand in the fourth quarter valued at about $54,000. 89.09% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Hillenbrand from a "buy" rating to a "hold" rating in a report on Thursday, February 6th.

Hillenbrand Stock Performance

Shares of NYSE HI traded down $0.02 during mid-day trading on Friday, hitting $22.51. The company had a trading volume of 214,345 shares, compared to its average volume of 457,630. 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 stock has a market cap of $1.59 billion, a price-to-earnings ratio of -7.14 and a beta of 1.46. Hillenbrand, Inc. has a 12 month low of $18.36 and a 12 month high of $49.95. The firm's 50 day simple moving average is $25.15 and its two-hundred day simple moving average is $29.29.

Hillenbrand (NYSE:HI - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.56 earnings per share 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 in the previous year, the firm earned $0.69 EPS. As a group, equities research analysts forecast that Hillenbrand, Inc. will post 2.53 earnings per share for the current year.

Hillenbrand Announces Dividend

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