KLP Kapitalforvaltning AS Makes New Investment in Hillenbrand, Inc. (NYSE:HI)

KLP Kapitalforvaltning AS acquired a new stake in shares of Hillenbrand, Inc. ( NYSE:HI – Free Report ) in the 4th quarter, HoldingsChannel.com reports.

The firm acquired 15,100 shares of the company’s stock, valued at approximately $465,000. Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sei Investments Co.



increased its position in Hillenbrand by 18.7% during the 4th quarter. Sei Investments Co.

now owns 47,462 shares of the company’s stock valued at $1,461,000 after buying an additional 7,471 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Hillenbrand by 15.

0% during the fourth quarter. American Century Companies Inc. now owns 57,918 shares of the company’s stock worth $1,783,000 after acquiring an additional 7,576 shares during the last quarter.

Intech Investment Management LLC increased its holdings in shares of Hillenbrand by 57.7% during the fourth quarter. Intech Investment Management LLC now owns 46,146 shares of the company’s stock valued at $1,420,000 after acquiring an additional 16,879 shares in the last quarter.

William Blair Investment Management LLC raised its position in shares of Hillenbrand by 1.9% in the 4th quarter. William Blair Investment Management LLC now owns 782,667 shares of the company’s stock valued at $24,090,000 after purchasing an additional 14,256 shares during the last quarter.

Finally, Cibc World Markets Corp purchased a new position in shares of Hillenbrand in the 4th quarter valued at approximately $202,000. Hedge funds and other institutional investors own 89.09% of the company’s stock.

Hillenbrand Stock Performance Shares of HI opened at $21.53 on Friday. The company has a debt-to-equity ratio of 1.

33, a quick ratio of 0.86 and a current ratio of 1.34.

The stock has a 50-day moving average of $29.48 and a two-hundred day moving average of $30.04.

The stock has a market cap of $1.52 billion, a P/E ratio of -6.86 and a beta of 1.

46. Hillenbrand, Inc. has a one year low of $21.

45 and a one year high of $50.06. Hillenbrand Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st.

Shareholders of record on Friday, March 14th were paid a dividend of $0.225 per share. This represents a $0.

90 annualized dividend and a yield of 4.18%. The ex-dividend date of this dividend was Friday, March 14th.

Hillenbrand’s payout ratio is -28.66%. Analyst Upgrades and Downgrades Separately, StockNews.

com lowered shares of Hillenbrand from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Check Out Our Latest Research Report on Hillenbrand Hillenbrand Company 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. Further Reading Want to see what other hedge funds are holding HI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hillenbrand, Inc.

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