6 days Ago By ABMN Staff
Geode Capital Management LLC cut its holdings in Hillenbrand, Inc. ( NYSE:HI – Free Report ) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor owned 1,594,447 shares of the company’s stock after selling 8,297 shares during the quarter. Geode Capital Management LLC’s holdings in Hillenbrand were worth $49,089,000 at the end of the most recent quarter. Several other institutional investors have also added to or reduced their stakes in the business.
R Squared Ltd bought a new position in Hillenbrand during the fourth quarter valued at approximately $27,000. YANKCOM Partnership purchased a new stake in Hillenbrand during the 4th quarter valued at $30,000. GAMMA Investing LLC raised its stake in Hillenbrand by 107.
5% during the 4th quarter. GAMMA Investing LLC now owns 1,185 shares of the company’s stock valued at $36,000 after buying an additional 614 shares during the last quarter. Tompkins Financial Corp bought a new position in shares of Hillenbrand during the 4th quarter valued at $54,000.
Finally, Smartleaf Asset Management LLC boosted its stake in shares of Hillenbrand by 161.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,842 shares of the company’s stock worth $57,000 after buying an additional 1,138 shares during the last quarter.
89.09% of the stock is currently owned by hedge funds and other institutional investors. Hillenbrand Stock Performance HI opened at $20.
90 on Tuesday. The company’s 50 day moving average is $27.15 and its 200 day moving average is $29.
66. 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 company has a market cap of $1.
47 billion, a price-to-earnings ratio of -6.66 and a beta of 1.46.
Hillenbrand, Inc. has a 12-month low of $18.36 and a 12-month high of $49.
95. Hillenbrand Announces Dividend The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a dividend of $0.
225 per share. This represents a $0.90 annualized dividend and a yield of 4.
31%. The ex-dividend date of this dividend was Friday, March 14th. Hillenbrand’s dividend payout ratio is presently -28.
66%. Wall Street Analyst Weigh In Separately, StockNews.com cut Hillenbrand from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th.
Check Out Our Latest Report on HI Hillenbrand Profile ( Free Report ) 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.
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