Fuller & Thaler Asset Management Inc. Buys 387,048 Shares of Hillenbrand, Inc. (NYSE:HI)

Fuller & Thaler Asset Management Inc. increased its stake in shares of Hillenbrand, Inc. (NYSE:HI - Free Report) by 10.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,116,444 shares of the company's stock after buying an additional 387,048 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 5.85% of Hillenbrand worth $126,704,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Barclays PLC grew its holdings in shares of Hillenbrand by 17.9% in the third quarter. Barclays PLC now owns 318,078 shares of the company's stock valued at $8,841,000 after acquiring an additional 48,230 shares in the last quarter. Geode Capital Management LLC boosted its position in Hillenbrand by 0.4% in the third quarter. Geode Capital Management LLC now owns 1,602,744 shares of the company's stock worth $44,565,000 after purchasing an additional 6,682 shares during the last quarter. SkyView Investment Advisors LLC grew its stake in Hillenbrand by 4.5% in the 3rd quarter. SkyView Investment Advisors LLC now owns 20,490 shares of the company's stock valued at $570,000 after purchasing an additional 891 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Hillenbrand during the 3rd quarter valued at $17,178,000. Finally, GAMMA Investing LLC raised its stake in shares of Hillenbrand by 107.5% during the 4th quarter. GAMMA Investing LLC now owns 1,185 shares of the company's stock worth $36,000 after purchasing an additional 614 shares during the period. Institutional investors own 89.09% of the company's stock.

Analysts Set New Price Targets

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

Hillenbrand Stock Performance

NYSE HI traded down $0.38 on Monday, hitting $22.14. 117,236 shares of the stock traded hands, compared to its average volume of 458,589. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of -7.04 and a beta of 1.46. The business's fifty day moving average is $24.90 and its two-hundred day moving average is $29.31. 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, Inc. has a 12 month low of $18.36 and a 12 month high of $49.95.

Hillenbrand (NYSE:HI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.02. Hillenbrand had a positive return on equity of 15.00% and a negative net margin of 7.12%. During the same period last year, the company posted $0.69 earnings per share. As a group, equities analysts anticipate 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. Investors of record on Friday, March 14th were issued a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 4.07%. The ex-dividend date was Friday, March 14th. Hillenbrand's dividend payout ratio (DPR) is presently -28.66%.

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.