California Public Employees Retirement System Boosts Holdings in Hill-Rom Holdings, Inc. (HRC)

California Public Employees Retirement System boosted its holdings in shares of Hill-Rom Holdings, Inc. (NYSE:HRC) by 5.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 150,546 shares of the medical technology company’s stock after buying an additional 7,946 shares during the period. California Public Employees Retirement System owned approximately 0.23% of Hill-Rom worth $11,140,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of HRC. Legal & General Group Plc boosted its stake in Hill-Rom by 24.8% during the second quarter. Legal & General Group Plc now owns 53,284 shares of the medical technology company’s stock valued at $4,242,000 after buying an additional 10,596 shares during the period. BNP Paribas Arbitrage SA raised its position in Hill-Rom by 101.1% during the second quarter. BNP Paribas Arbitrage SA now owns 30,431 shares of the medical technology company’s stock valued at $2,423,000 after purchasing an additional 15,296 shares in the last quarter. American Century Companies Inc. raised its position in Hill-Rom by 1,191.1% during the second quarter. American Century Companies Inc. now owns 110,359 shares of the medical technology company’s stock valued at $8,786,000 after purchasing an additional 101,811 shares in the last quarter. Prudential Financial Inc. raised its position in Hill-Rom by 6.6% during the second quarter. Prudential Financial Inc. now owns 545,786 shares of the medical technology company’s stock valued at $43,449,000 after purchasing an additional 33,714 shares in the last quarter. Finally, Utah Retirement Systems raised its position in Hill-Rom by 0.8% during the second quarter. Utah Retirement Systems now owns 12,013 shares of the medical technology company’s stock valued at $956,000 after purchasing an additional 100 shares in the last quarter. 82.33% of the stock is owned by institutional investors.

In related news, CEO John J. Greisch sold 125,241 shares of the business’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $82.59, for a total transaction of $10,343,654.19. Following the transaction, the chief executive officer now owns 280,851 shares in the company, valued at approximately $23,195,484.09. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO John J. Greisch sold 100,000 shares of the business’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $82.82, for a total value of $8,282,000.00. Following the transaction, the chief executive officer now owns 230,851 shares in the company, valued at approximately $19,119,079.82. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 226,241 shares of company stock worth $18,708,644. 2.20% of the stock is owned by company insiders.

A number of equities research analysts have weighed in on the company. Zacks Investment Research downgraded Hill-Rom from a “buy” rating to a “hold” rating in a research report on Tuesday. Barclays restated a “buy” rating and set a $100.00 price target on shares of Hill-Rom in a research report on Wednesday. ValuEngine downgraded Hill-Rom from a “buy” rating to a “hold” rating in a research report on Saturday, November 4th. Stifel Nicolaus raised their price target on Hill-Rom from $84.00 to $85.00 and gave the company a “buy” rating in a research report on Monday, November 6th. Finally, KeyCorp restated a “buy” rating and set a $94.00 price target on shares of Hill-Rom in a research report on Thursday, December 21st. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $93.00.

Hill-Rom Holdings, Inc. (NYSE HRC) opened at $86.96 on Friday. The company has a market capitalization of $5,720.00, a PE ratio of 43.70, a PEG ratio of 1.65 and a beta of 1.19. The company has a quick ratio of 1.34, a current ratio of 1.77 and a debt-to-equity ratio of 1.55. Hill-Rom Holdings, Inc. has a twelve month low of $57.18 and a twelve month high of $88.91.

Hill-Rom (NYSE:HRC) last released its quarterly earnings data on Friday, November 3rd. The medical technology company reported $1.32 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.27 by $0.05. The firm had revenue of $738.30 million for the quarter, compared to the consensus estimate of $731.10 million. Hill-Rom had a return on equity of 21.07% and a net margin of 9.36%. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.18 earnings per share. research analysts expect that Hill-Rom Holdings, Inc. will post 4.32 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 15th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.72 dividend on an annualized basis and a yield of 0.83%. Hill-Rom’s dividend payout ratio is presently 36.18%.

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About Hill-Rom

Hill-Rom Holdings, Inc is a global medical technology company. The Company operates through four segments: North America Patient Support Systems, International Patient Support Systems, Front Line Care and Surgical Solutions. The Company’s products and services include Patient Support Systems, Front Line Care and Surgical Solutions.

Institutional Ownership by Quarter for Hill-Rom (NYSE:HRC)

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