Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Hill-Rom Holdings Inc (NYSE:HRC) by 0.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,734 shares of the medical technology company’s stock after purchasing an additional 46 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Hill-Rom Holdings were worth $695,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Independent Portfolio Consultants Inc. increased its stake in Hill-Rom Holdings by 171.5% in the second quarter. Independent Portfolio Consultants Inc. now owns 1,344 shares of the medical technology company’s stock worth $107,000 after purchasing an additional 849 shares during the period. Meadow Creek Investment Management LLC increased its stake in shares of Hill-Rom Holdings by 3.9% during the first quarter. Meadow Creek Investment Management LLC now owns 1,696 shares of the medical technology company’s stock valued at $120,000 after buying an additional 64 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Hill-Rom Holdings by 10.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,201 shares of the medical technology company’s stock valued at $175,000 after buying an additional 204 shares during the period. Neuburgh Advisers LLC increased its stake in shares of Hill-Rom Holdings by 3.9% during the first quarter. Neuburgh Advisers LLC now owns 2,332 shares of the medical technology company’s stock valued at $165,000 after buying an additional 88 shares during the period. Finally, Atria Investments LLC purchased a new position in shares of Hill-Rom Holdings during the second quarter valued at $224,000. Institutional investors and hedge funds own 82.31% of the company’s stock.

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In other news, SVP Andreas G. Frank sold 3,940 shares of the stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $77.84, for a total value of $306,689.60. Following the transaction, the senior vice president now owns 16,701 shares in the company, valued at approximately $1,300,005.84. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Andreas G. Frank sold 6,870 shares of the stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $77.48, for a total value of $532,287.60. Following the completion of the transaction, the senior vice president now owns 16,701 shares in the company, valued at approximately $1,293,993.48. The disclosure for this sale can be found here. Corporate insiders own 2.20% of the company’s stock.

Several equities analysts have recently commented on HRC shares. Zacks Investment Research lowered Hill-Rom Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, May 25th. ValuEngine upgraded Hill-Rom Holdings from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Barclays PLC raised their price target on Hill-Rom Holdings from $80.00 to $86.00 and gave the company an “overweight” rating in a research note on Friday, June 9th. Cantor Fitzgerald started coverage on Hill-Rom Holdings in a research note on Thursday, June 29th. They set a “neutral” rating and a $86.00 price target on the stock. Finally, Needham & Company LLC started coverage on Hill-Rom Holdings in a research note on Thursday, June 29th. They set a “buy” rating and a $95.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Hill-Rom Holdings presently has an average rating of “Buy” and an average price target of $88.17.

Shares of Hill-Rom Holdings Inc (NYSE:HRC) opened at 75.60 on Friday. The firm has a 50-day moving average price of $75.30 and a 200 day moving average price of $75.12. The firm has a market cap of $4.98 billion, a P/E ratio of 44.06 and a beta of 1.21. Hill-Rom Holdings Inc has a one year low of $50.50 and a one year high of $84.65.

Hill-Rom Holdings (NYSE:HRC) last released its quarterly earnings data on Friday, July 28th. The medical technology company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. Hill-Rom Holdings had a return on equity of 19.99% and a net margin of 4.27%. The business had revenue of $689.10 million for the quarter, compared to the consensus estimate of $695.50 million. During the same quarter in the prior year, the business posted $0.81 EPS. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. On average, analysts forecast that Hill-Rom Holdings Inc will post $3.82 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.95%. Hill-Rom Holdings’s payout ratio is currently 41.62%.

About Hill-Rom Holdings

Hill-Rom Holdings, Inc is a global medical technology company. The Company operates through four segments: North America Patient Support Systems, International Patient Support Systems, Front Line Care and Surgical Solutions. The Company’s products and services include Patient Support Systems, Front Line Care and Surgical Solutions.

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Institutional Ownership by Quarter for Hill-Rom Holdings (NYSE:HRC)

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