Hillenbrand, Inc. (NYSE:HI) Shares Acquired by Jump Financial LLC

Jump Financial LLC boosted its position in shares of Hillenbrand, Inc. (NYSE:HI - Free Report) by 167.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,314 shares of the company's stock after buying an additional 24,614 shares during the quarter. Jump Financial LLC owned approximately 0.06% of Hillenbrand worth $1,210,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Guggenheim Capital LLC boosted its stake in Hillenbrand by 29.8% during the 4th quarter. Guggenheim Capital LLC now owns 37,535 shares of the company's stock worth $1,155,000 after purchasing an additional 8,611 shares during the last quarter. XTX Topco Ltd grew its stake in shares of Hillenbrand by 24.9% in the 4th quarter. XTX Topco Ltd now owns 18,807 shares of the company's stock valued at $579,000 after buying an additional 3,755 shares during the period. Mariner LLC increased its holdings in shares of Hillenbrand by 7.9% during the 4th quarter. Mariner LLC now owns 15,776 shares of the company's stock worth $486,000 after buying an additional 1,155 shares during the last quarter. Sterling Capital Management LLC raised its position in shares of Hillenbrand by 712.8% during the 4th quarter. Sterling Capital Management LLC now owns 1,520 shares of the company's stock valued at $47,000 after buying an additional 1,333 shares during the period. Finally, Covestor Ltd raised its position in Hillenbrand by 164.8% in the fourth quarter. Covestor Ltd now owns 5,164 shares of the company's stock valued at $159,000 after purchasing an additional 3,214 shares during the period. 89.09% of the stock is currently owned by institutional investors and hedge funds.

Hillenbrand Trading Down 0.2 %

NYSE:HI traded down $0.04 during trading hours on Friday, reaching $22.49. 354,638 shares of the stock were exchanged, compared to its average volume of 458,714. Hillenbrand, Inc. has a twelve month low of $18.36 and a twelve month high of $49.95. The company has a quick ratio of 0.86, a current ratio of 1.34 and a debt-to-equity ratio of 1.33. The business has a 50-day moving average of $24.90 and a two-hundred day moving average of $29.27. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of -7.16 and a beta of 1.46.

Hillenbrand (NYSE:HI - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported $0.56 earnings per share for the quarter, beating 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 in the prior year, the company posted $0.69 earnings per share. On average, equities analysts predict that Hillenbrand, Inc. will post 2.53 EPS for the current year.

Hillenbrand Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date of this dividend was Friday, March 14th. Hillenbrand's dividend payout ratio is currently -28.66%.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Hillenbrand from a "buy" rating to a "hold" rating in a research report 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.