GW Henssler & Associates Ltd. Sells 28,440 Shares of Hillenbrand, Inc. (NYSE:HI)

GW Henssler & Associates Ltd. lessened its holdings in Hillenbrand, Inc. (NYSE:HI - Free Report) by 16.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 144,912 shares of the company's stock after selling 28,440 shares during the quarter. GW Henssler & Associates Ltd. owned 0.21% of Hillenbrand worth $6,934,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in Hillenbrand by 8.2% in the third quarter. Vanguard Group Inc. now owns 8,278,168 shares of the company's stock valued at $350,249,000 after purchasing an additional 623,919 shares in the last quarter. FMR LLC increased its holdings in Hillenbrand by 1.1% during the third quarter. FMR LLC now owns 4,754,412 shares of the company's stock worth $201,159,000 after buying an additional 50,091 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Hillenbrand by 19.6% during the third quarter. Victory Capital Management Inc. now owns 2,601,608 shares of the company's stock worth $110,074,000 after buying an additional 426,077 shares during the last quarter. State Street Corp raised its position in Hillenbrand by 1.3% during the second quarter. State Street Corp now owns 2,551,028 shares of the company's stock worth $104,490,000 after acquiring an additional 32,595 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Hillenbrand by 2.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,537,176 shares of the company's stock valued at $73,058,000 after acquiring an additional 30,899 shares during the last quarter. Institutional investors and hedge funds own 89.09% of the company's stock.

Hillenbrand Stock Performance

HI stock traded down $2.43 during midday trading on Wednesday, reaching $47.31. 290,159 shares of the company were exchanged, compared to its average volume of 297,075. The firm has a market capitalization of $3.32 billion, a price-to-earnings ratio of 6.15 and a beta of 1.49. The business has a 50-day moving average price of $47.73 and a two-hundred day moving average price of $44.17. Hillenbrand, Inc. has a one year low of $37.19 and a one year high of $53.76. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.28 and a quick ratio of 0.79.

Hillenbrand (NYSE:HI - Get Free Report) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.01. The business had revenue of $773.30 million for the quarter, compared to analyst estimates of $776.40 million. Hillenbrand had a net margin of 18.39% and a return on equity of 14.65%. Equities research analysts forecast that Hillenbrand, Inc. will post 3.72 EPS for the current year.

Hillenbrand Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a dividend of $0.222 per share. The ex-dividend date was Thursday, March 14th. This represents a $0.89 annualized dividend and a yield of 1.88%. Hillenbrand's payout ratio is currently 11.53%.

Insider Activity at Hillenbrand

In other Hillenbrand news, CFO Robert M. Vanhimbergen purchased 11,319 shares of the firm's stock in a transaction that occurred on Friday, February 9th. The shares were acquired at an average cost of $45.23 per share, for a total transaction of $511,958.37. Following the completion of the purchase, the chief financial officer now owns 34,559 shares of the company's stock, valued at approximately $1,563,103.57. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Kimberly K. Ryan bought 5,600 shares of the business's stock in a transaction dated Friday, February 9th. The stock was purchased at an average cost of $44.94 per share, for a total transaction of $251,664.00. Following the transaction, the chief executive officer now owns 133,604 shares in the company, valued at approximately $6,004,163.76. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Robert M. Vanhimbergen purchased 11,319 shares of the firm's stock in a transaction that occurred on Friday, February 9th. The stock was bought at an average price of $45.23 per share, for a total transaction of $511,958.37. Following the transaction, the chief financial officer now directly owns 34,559 shares of the company's stock, valued at approximately $1,563,103.57. The disclosure for this purchase can be found here. 1.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on HI shares. TheStreet cut shares of Hillenbrand from a "b-" rating to a "c+" rating in a report on Monday, December 18th. CL King assumed coverage on Hillenbrand in a research note on Tuesday, December 19th. They issued a "strong-buy" rating and a $61.00 price objective on the stock.

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.

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