Hillenbrand, Inc. (NYSE:HI) Shares Sold by EMC Capital Management

EMC Capital Management lessened its holdings in shares of Hillenbrand, Inc. (NYSE:HI - Free Report) by 70.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,500 shares of the company's stock after selling 8,268 shares during the period. EMC Capital Management's holdings in Hillenbrand were worth $108,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. R Squared Ltd purchased a new stake in Hillenbrand during the fourth quarter worth $27,000. Matrix Trust Co purchased a new stake in shares of Hillenbrand in the third quarter valued at $25,000. GAMMA Investing LLC lifted its position in shares of Hillenbrand by 107.5% in the fourth quarter. GAMMA Investing LLC now owns 1,185 shares of the company's stock valued at $36,000 after acquiring an additional 614 shares in the last quarter. Kennebec Savings Bank purchased a new stake in shares of Hillenbrand in the third quarter valued at $48,000. Finally, Tompkins Financial Corp purchased a new stake in shares of Hillenbrand in the fourth quarter valued at $54,000. Institutional investors and hedge funds own 89.09% of the company's stock.

Hillenbrand Trading Up 2.1 %

NYSE:HI traded up $0.70 on Tuesday, hitting $33.48. 173,979 shares of the stock were exchanged, compared to its average volume of 346,385. The stock has a market cap of $2.36 billion, a PE ratio of -11.19 and a beta of 1.43. The company has a current ratio of 1.27, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The stock has a fifty day moving average of $32.55 and a 200-day moving average of $32.04. Hillenbrand, Inc. has a fifty-two week low of $25.11 and a fifty-two week high of $50.58.

Hillenbrand (NYSE:HI - Get Free Report) last announced its quarterly earnings results on Wednesday, November 13th. The company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.93 by $0.08. The company had revenue of $837.60 million during the quarter, compared to analyst estimates of $793.38 million. Hillenbrand had a positive return on equity of 14.86% and a negative net margin of 6.63%. The firm's revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.13 earnings per share. As a group, equities analysts expect that Hillenbrand, Inc. will post 3.2 earnings per share for the current fiscal year.

Hillenbrand Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were paid a $0.225 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 2.69%. This is a positive change from Hillenbrand's previous quarterly dividend of $0.22. Hillenbrand's dividend payout ratio (DPR) is -30.10%.

Analyst Ratings Changes

Several research firms recently weighed in on HI. DA Davidson reiterated a "neutral" rating and set a $33.00 target price on shares of Hillenbrand in a research report on Friday, November 15th. StockNews.com upgraded Hillenbrand from a "hold" rating to a "buy" rating in a research report on Thursday, December 26th. Finally, KeyCorp reduced their target price on Hillenbrand from $45.00 to $40.00 and set an "overweight" rating on the stock in a research report on Thursday, November 14th.

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.