Parametrica Management Ltd Lowers Stake in Hillenbrand, Inc. (HI)

Parametrica Management Ltd cut its holdings in shares of Hillenbrand, Inc. (NYSE:HI) by 38.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,371 shares of the company’s stock after selling 4,521 shares during the quarter. Parametrica Management Ltd’s holdings in Hillenbrand were worth $329,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Balyasny Asset Management LLC acquired a new stake in Hillenbrand in the second quarter valued at approximately $206,000. Koch Industries Inc. acquired a new stake in Hillenbrand in the second quarter valued at approximately $308,000. Knowledge Leaders Capital LLC acquired a new stake in Hillenbrand in the fourth quarter valued at approximately $2,429,000. Prudential Financial Inc. raised its stake in shares of Hillenbrand by 3.6% during the third quarter. Prudential Financial Inc. now owns 396,527 shares of the company’s stock valued at $15,405,000 after acquiring an additional 13,600 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in shares of Hillenbrand by 2.9% during the third quarter. Rhumbline Advisers now owns 127,158 shares of the company’s stock valued at $4,940,000 after acquiring an additional 3,532 shares during the last quarter. 74.27% of the stock is currently owned by institutional investors.

Hillenbrand, Inc. (HI) traded up $0.50 on Friday, reaching $44.05. 400,531 shares of the company’s stock traded hands, compared to its average volume of 285,791. The company has a market capitalization of $2,776.52, a P/E ratio of 22.94 and a beta of 1.31. Hillenbrand, Inc. has a 12-month low of $34.65 and a 12-month high of $46.50. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.62.

Hillenbrand (NYSE:HI) last issued its quarterly earnings data on Wednesday, January 31st. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.05. The firm had revenue of $397.20 million during the quarter, compared to analysts’ expectations of $384.30 million. Hillenbrand had a net margin of 7.52% and a return on equity of 19.51%. The business’s revenue was up 11.6% on a year-over-year basis. During the same period last year, the company earned $0.42 earnings per share. analysts forecast that Hillenbrand, Inc. will post 2.33 earnings per share for the current fiscal year.

Several equities analysts have recently issued reports on the stock. B. Riley raised their price target on shares of Hillenbrand from $50.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, February 1st. Capital One Financial assumed coverage on shares of Hillenbrand in a research note on Monday, October 23rd. They set an “equal weight” rating for the company. Zacks Investment Research downgraded shares of Hillenbrand from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, ValuEngine raised shares of Hillenbrand from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. Hillenbrand has a consensus rating of “Hold” and an average target price of $52.00.

In related news, VP Eric M. Teegarden sold 5,177 shares of the business’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $44.49, for a total transaction of $230,324.73. Following the transaction, the vice president now directly owns 3,531 shares in the company, valued at $157,094.19. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Joe Anthony Raver sold 34,565 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $43.25, for a total transaction of $1,494,936.25. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 46,615 shares of company stock worth $2,024,236. 1.81% of the stock is owned by corporate insiders.

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Hillenbrand Company Profile

Hillenbrand, Inc is a diversified industrial company with multiple brands that serve a range of industries across the globe. The Company operates in two segments: the Process Equipment Group and Batesville. The Process Equipment Group businesses design, develop, manufacture and service engineered industrial equipment throughout the world.

Institutional Ownership by Quarter for Hillenbrand (NYSE:HI)

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