Hillenbrand (NYSE:HI) Shares Down 4.1% - Should You Sell?

Hillenbrand, Inc. (NYSE:HI - Get Free Report) shares traded down 4.1% on Monday . The company traded as low as $20.43 and last traded at $20.43. 69,139 shares changed hands during trading, a decline of 85% from the average session volume of 451,642 shares. The stock had previously closed at $21.31.

Analyst Ratings Changes

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

Hillenbrand Stock Up 0.6 %

The company has a current ratio of 1.34, a quick ratio of 0.86 and a debt-to-equity ratio of 1.33. The business has a 50-day moving average price of $26.19 and a 200-day moving average price of $29.44. The firm has a market cap of $1.45 billion, a P/E ratio of -6.54 and a beta of 1.46.

Hillenbrand (NYSE:HI - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported $0.56 EPS for the quarter, beating analysts' consensus estimates 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 business posted $0.69 EPS. On average, equities analysts forecast that Hillenbrand, Inc. will post 2.53 EPS for the current fiscal year.

Hillenbrand Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a $0.225 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.90 annualized dividend and a yield of 4.39%. Hillenbrand's dividend payout ratio (DPR) is presently -28.66%.

Institutional Trading of Hillenbrand

Institutional investors have recently modified their holdings of the company. R Squared Ltd acquired a new stake in Hillenbrand in the fourth quarter valued at approximately $27,000. YANKCOM Partnership purchased a new stake in Hillenbrand in the fourth quarter valued at about $30,000. GAMMA Investing LLC boosted its holdings in Hillenbrand by 107.5% in the fourth quarter. GAMMA Investing LLC now owns 1,185 shares of the company's stock worth $36,000 after acquiring an additional 614 shares in the last quarter. Point72 Hong Kong Ltd purchased a new stake in shares of Hillenbrand during the fourth quarter worth about $42,000. Finally, Sterling Capital Management LLC raised its position in shares of Hillenbrand by 712.8% in the 4th quarter. Sterling Capital Management LLC now owns 1,520 shares of the company's stock valued at $47,000 after purchasing an additional 1,333 shares during the last quarter. 89.09% of the stock is currently owned by institutional investors.

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.