4,269 Shares in Hillenbrand, Inc. (NYSE:HI) Acquired by Xponance Inc.

Xponance Inc. purchased a new position in shares of Hillenbrand, Inc. (NYSE:HI) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 4,269 shares of the company’s stock, valued at approximately $204,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of HI. GoalVest Advisory LLC bought a new stake in Hillenbrand during the 4th quarter valued at $37,000. Mackenzie Financial Corp bought a new stake in Hillenbrand during the 4th quarter valued at $217,000. Avantax Planning Partners Inc. bought a new stake in Hillenbrand during the 3rd quarter valued at $202,000. Teacher Retirement System of Texas raised its position in Hillenbrand by 6.1% during the 3rd quarter. Teacher Retirement System of Texas now owns 5,564 shares of the company’s stock valued at $235,000 after purchasing an additional 319 shares in the last quarter. Finally, Inspire Investing LLC raised its position in Hillenbrand by 19.0% during the 3rd quarter. Inspire Investing LLC now owns 7,238 shares of the company’s stock valued at $306,000 after purchasing an additional 1,158 shares in the last quarter. 89.09% of the stock is owned by institutional investors.

Hillenbrand Trading Up 2.0 %

Shares of NYSE HI opened at $49.41 on Monday. The company has a quick ratio of 0.79, a current ratio of 1.28 and a debt-to-equity ratio of 1.18. The business has a fifty day simple moving average of $48.12 and a two-hundred day simple moving average of $44.69. The firm has a market cap of $3.47 billion, a PE ratio of 6.40 and a beta of 1.49. Hillenbrand, Inc. has a twelve month low of $37.19 and a twelve month high of $53.76.

Hillenbrand (NYSE:HI) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.01. Hillenbrand had a return on equity of 14.65% and a net margin of 18.39%. The business had revenue of $773.30 million for the quarter, compared to the consensus estimate of $776.40 million. Analysts expect that Hillenbrand, Inc. will post 3.72 earnings per share for the current fiscal year.

Hillenbrand Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a dividend of $0.222 per share. The ex-dividend date was Thursday, March 14th. This represents a $0.89 dividend on an annualized basis and a yield of 1.80%. Hillenbrand’s dividend payout ratio is currently 11.53%.

Insiders Place Their Bets

In other news, CEO Kimberly K. Ryan purchased 5,600 shares of the stock in a transaction on Friday, February 9th. The stock was bought at an average price of $44.94 per share, with a total value of $251,664.00. Following the transaction, the chief executive officer now owns 133,604 shares in the company, valued at approximately $6,004,163.76. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Kimberly K. Ryan acquired 5,600 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was acquired at an average price of $44.94 per share, with a total value of $251,664.00. Following the acquisition, the chief executive officer now directly owns 133,604 shares in the company, valued at approximately $6,004,163.76. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Nicholas R. Farrell sold 8,542 shares of the business’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $47.02, for a total value of $401,644.84. Following the completion of the transaction, the vice president now directly owns 41,951 shares of the company’s stock, valued at approximately $1,972,536.02. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by insiders.

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.