Hillenbrand, Inc. (NYSE:HI) Shares Sold by Viawealth LLC

Viawealth LLC reduced its stake in Hillenbrand, Inc. (NYSE:HI) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,113 shares of the company’s stock after selling 558 shares during the period. Viawealth LLC’s holdings in Hillenbrand were worth $434,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. R Squared Ltd acquired a new position in Hillenbrand during the 4th quarter valued at approximately $27,000. YANKCOM Partnership acquired a new position in shares of Hillenbrand during the fourth quarter valued at $30,000. GAMMA Investing LLC grew its position in shares of Hillenbrand by 107.5% during the fourth quarter. GAMMA Investing LLC now owns 1,185 shares of the company’s stock worth $36,000 after acquiring an additional 614 shares during the last quarter. Tompkins Financial Corp acquired a new stake in shares of Hillenbrand in the 4th quarter worth about $54,000. Finally, Smartleaf Asset Management LLC lifted its position in Hillenbrand by 161.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,842 shares of the company’s stock valued at $57,000 after purchasing an additional 1,138 shares during the last quarter. 89.09% of the stock is owned by institutional investors.

Hillenbrand Trading Up 4.4 %

Shares of HI stock opened at $26.11 on Thursday. Hillenbrand, Inc. has a 1 year low of $24.64 and a 1 year high of $50.58. The firm has a market capitalization of $1.84 billion, a PE ratio of -8.31 and a beta of 1.41. The stock has a fifty day moving average of $31.30 and a two-hundred day moving average of $30.34. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.86 and a current ratio of 1.34.

Hillenbrand (NYSE:HI) last announced its earnings results on Wednesday, February 5th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.02. Hillenbrand had a negative net margin of 7.12% and a positive return on equity of 15.00%. During the same period last year, the firm posted $0.69 earnings per share. As a group, research analysts expect that Hillenbrand, Inc. will post 2.53 EPS for the current year.

Hillenbrand Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.225 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.90 dividend on an annualized basis and a yield of 3.45%. Hillenbrand’s dividend payout ratio (DPR) is -28.66%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Hillenbrand from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th.

Hillenbrand Profile

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.