Hillenbrand (NYSE:HI – Get Rating) was downgraded by StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Friday.
Separately, Zacks Investment Research lowered Hillenbrand from a “buy” rating to a “hold” rating in a report on Monday, April 11th.
Hillenbrand stock opened at $41.77 on Friday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.95 and a current ratio of 1.38. The stock has a market cap of $3.04 billion, a PE ratio of 14.06, a price-to-earnings-growth ratio of 0.91 and a beta of 1.48. The stock has a 50-day moving average of $44.43 and a two-hundred day moving average of $47.00. Hillenbrand has a one year low of $40.03 and a one year high of $54.15.
Hillenbrand (NYSE:HI – Get Rating) last posted its quarterly earnings data on Wednesday, February 2nd. The company reported $0.94 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.91 by $0.03. The firm had revenue of $728.00 million for the quarter, compared to the consensus estimate of $703.03 million. Hillenbrand had a net margin of 7.67% and a return on equity of 22.71%. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.96 earnings per share. As a group, sell-side analysts predict that Hillenbrand will post 3.92 EPS for the current fiscal year.
Several institutional investors have recently made changes to their positions in the stock. Financial Counselors Inc. raised its stake in shares of Hillenbrand by 1.5% during the 1st quarter. Financial Counselors Inc. now owns 200,577 shares of the company’s stock worth $8,859,000 after buying an additional 2,926 shares during the period. GHP Investment Advisors Inc. purchased a new position in Hillenbrand during the first quarter valued at $1,727,000. Valeo Financial Advisors LLC lifted its holdings in Hillenbrand by 4.2% during the first quarter. Valeo Financial Advisors LLC now owns 73,361 shares of the company’s stock valued at $3,240,000 after purchasing an additional 2,975 shares in the last quarter. DekaBank Deutsche Girozentrale increased its stake in shares of Hillenbrand by 645.5% during the first quarter. DekaBank Deutsche Girozentrale now owns 32,800 shares of the company’s stock worth $1,477,000 after purchasing an additional 28,400 shares in the last quarter. Finally, Comerica Bank raised its position in shares of Hillenbrand by 1.6% during the 1st quarter. Comerica Bank now owns 62,726 shares of the company’s stock worth $2,684,000 after purchasing an additional 985 shares during the last quarter. Hedge funds and other institutional investors own 85.54% of the company’s stock.
Hillenbrand Company Profile
Hillenbrand, Inc operates as a diversified industrial company in the United States and internationally. The company operates through three segments: Advanced Process Solutions, Molding Technology Solutions, and Batesville. 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, as well as equipment system design; and screening and separating equipment for various industries, including plastics, food and pharmaceuticals, chemicals, fertilizers, minerals and mining, energy, wastewater treatment, forest products, and other general industrials.
