Keeley Teton Advisors LLC Reduces Stock Holdings in Hillenbrand, Inc. (NYSE:HI)

Keeley Teton Advisors LLC reduced its position in shares of Hillenbrand, Inc. (NYSE:HI - Free Report) by 43.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,273 shares of the company's stock after selling 16,590 shares during the period. Keeley Teton Advisors LLC's holdings in Hillenbrand were worth $655,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of HI. Vanguard Group Inc. grew its holdings in Hillenbrand by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 8,666,374 shares of the company's stock valued at $266,751,000 after purchasing an additional 59,311 shares in the last quarter. State Street Corp lifted its position in shares of Hillenbrand by 0.7% in the third quarter. State Street Corp now owns 2,739,689 shares of the company's stock worth $76,163,000 after buying an additional 19,546 shares during the last quarter. Geode Capital Management LLC increased its position in Hillenbrand by 0.4% during the third quarter. Geode Capital Management LLC now owns 1,602,744 shares of the company's stock worth $44,565,000 after acquiring an additional 6,682 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Hillenbrand by 10.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,084,818 shares of the company's stock valued at $33,391,000 after acquiring an additional 105,865 shares in the last quarter. Finally, William Blair Investment Management LLC grew its holdings in shares of Hillenbrand by 1.9% during the fourth quarter. William Blair Investment Management LLC now owns 782,667 shares of the company's stock worth $24,090,000 after purchasing an additional 14,256 shares during the last quarter. Institutional investors and hedge funds own 89.09% of the company's stock.

Hillenbrand Stock Up 0.6 %

Shares of HI stock traded up $0.13 on Friday, hitting $20.52. The stock had a trading volume of 476,650 shares, compared to its average volume of 455,641. Hillenbrand, Inc. has a 12-month low of $18.36 and a 12-month high of $49.95. The business has a 50 day moving average of $26.19 and a 200 day moving average of $29.46. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of -6.54 and a beta of 1.46. 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 issued its quarterly earnings data 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 positive return on equity of 15.00% and a negative net margin of 7.12%. During the same period in the prior year, the firm earned $0.69 EPS. As a group, analysts expect that Hillenbrand, Inc. will post 2.53 EPS for the current year.

Hillenbrand Announces Dividend

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 dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 4.39%. The ex-dividend date of this dividend was Friday, March 14th. Hillenbrand's dividend payout ratio (DPR) is -28.66%.

Analyst Upgrades and Downgrades

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

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.