Hillenbrand, Inc. (NYSE:HI) Shares Sold by Barclays PLC

Barclays PLC reduced its stake in shares of Hillenbrand, Inc. (NYSE:HI - Free Report) by 44.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 178,151 shares of the company's stock after selling 139,927 shares during the quarter. Barclays PLC owned 0.25% of Hillenbrand worth $5,482,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fifth Third Bancorp increased its holdings in Hillenbrand by 0.5% in the fourth quarter. Fifth Third Bancorp now owns 80,208 shares of the company's stock valued at $2,469,000 after buying an additional 387 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Hillenbrand by 107.5% in the 4th quarter. GAMMA Investing LLC now owns 1,185 shares of the company's stock worth $36,000 after acquiring an additional 614 shares in the last quarter. Bank of Montreal Can increased its holdings in shares of Hillenbrand by 6.1% in the 4th quarter. Bank of Montreal Can now owns 13,039 shares of the company's stock valued at $401,000 after acquiring an additional 746 shares during the last quarter. R Squared Ltd acquired a new stake in shares of Hillenbrand during the 4th quarter valued at approximately $27,000. Finally, SkyView Investment Advisors LLC lifted its stake in Hillenbrand by 4.5% during the third quarter. SkyView Investment Advisors LLC now owns 20,490 shares of the company's stock worth $570,000 after purchasing an additional 891 shares during the last quarter. 89.09% of the stock is owned by institutional investors and hedge funds.

Hillenbrand Stock Performance

Shares of HI traded down $1.90 during midday trading on Wednesday, hitting $20.73. 829,530 shares of the stock traded hands, compared to its average volume of 462,372. The firm has a market capitalization of $1.46 billion, a PE ratio of -6.60 and a beta of 1.46. The business's 50 day moving average price is $24.48 and its two-hundred day moving average price is $29.24. Hillenbrand, Inc. has a 1-year low of $18.36 and a 1-year high of $49.29. 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 - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.60 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.06. Hillenbrand had a negative net margin of 7.12% and a positive return on equity of 15.00%. The company had revenue of $715.90 million during the quarter, compared to analyst estimates of $691.00 million. During the same period in the prior year, the business posted $0.76 EPS. The business's revenue for the quarter was down 8.8% compared to the same quarter last year. Equities research analysts predict that Hillenbrand, Inc. will post 2.53 EPS for the current fiscal year.

Hillenbrand Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a dividend of $0.225 per share. The ex-dividend date was Friday, March 14th. This represents a $0.90 annualized dividend and a dividend yield of 4.34%. Hillenbrand's dividend payout ratio (DPR) is -28.66%.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Hillenbrand from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th.

About Hillenbrand

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.