Hood River Capital Management LLC reduced its position in Hill-Rom Holdings Inc (NYSE:HRC) by 98.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,315 shares of the medical technology company’s stock after selling 277,974 shares during the quarter. Hood River Capital Management LLC’s holdings in Hill-Rom Holdings were worth $319,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of HRC. Capstone Asset Management Co. boosted its holdings in shares of Hill-Rom Holdings by 2.4% in the second quarter. Capstone Asset Management Co. now owns 7,695 shares of the medical technology company’s stock valued at $613,000 after acquiring an additional 180 shares during the period. James Investment Research Inc. acquired a new stake in shares of Hill-Rom Holdings in the second quarter valued at approximately $1,401,000. Eqis Capital Management Inc. boosted its holdings in shares of Hill-Rom Holdings by 16.0% in the second quarter. Eqis Capital Management Inc. now owns 5,415 shares of the medical technology company’s stock valued at $431,000 after acquiring an additional 745 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in shares of Hill-Rom Holdings by 4.6% in the second quarter. Oregon Public Employees Retirement Fund now owns 21,882 shares of the medical technology company’s stock valued at $1,742,000 after acquiring an additional 969 shares during the period. Finally, LS Investment Advisors LLC boosted its holdings in shares of Hill-Rom Holdings by 19.4% in the second quarter. LS Investment Advisors LLC now owns 5,012 shares of the medical technology company’s stock valued at $399,000 after acquiring an additional 815 shares during the period. 82.05% of the stock is owned by institutional investors and hedge funds.

Shares of Hill-Rom Holdings Inc (NYSE:HRC) traded up $0.07 during midday trading on Friday, hitting $81.91. The company had a trading volume of 575,687 shares, compared to its average volume of 504,006. The company has a current ratio of 1.77, a quick ratio of 1.34 and a debt-to-equity ratio of 1.55. Hill-Rom Holdings Inc has a 52-week low of $52.58 and a 52-week high of $84.65. The firm has a market capitalization of $5,400.00, a P/E ratio of 19.93, a PEG ratio of 1.64 and a beta of 1.19.

Hill-Rom Holdings (NYSE:HRC) last issued its quarterly earnings results on Friday, November 3rd. The medical technology company reported $1.32 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.27 by $0.05. Hill-Rom Holdings had a return on equity of 20.27% and a net margin of 4.87%. The firm had revenue of $738.30 million during the quarter, compared to the consensus estimate of $731.10 million. During the same period last year, the company earned $1.18 earnings per share. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. research analysts expect that Hill-Rom Holdings Inc will post 4.26 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.88%. The ex-dividend date is Thursday, December 14th. Hill-Rom Holdings’s dividend payout ratio is presently 36.18%.

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In related news, SVP Andreas G. Frank sold 3,940 shares of the stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $77.84, for a total transaction of $306,689.60. Following the completion of the sale, the senior vice president now directly owns 16,701 shares of the company’s stock, valued at $1,300,005.84. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Andreas G. Frank sold 6,870 shares of the stock in a transaction on Thursday, September 14th. The stock was 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 of the company’s stock, valued at approximately $1,293,993.48. The disclosure for this sale can be found here. 2.20% of the stock is owned by company insiders.

HRC has been the subject of several research analyst reports. Needham & Company LLC decreased their price objective on Hill-Rom Holdings from $93.00 to $90.00 and set a “buy” rating for the company in a report on Monday, November 6th. Zacks Investment Research downgraded Hill-Rom Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. BidaskClub downgraded Hill-Rom Holdings from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Cantor Fitzgerald set a $86.00 price objective on Hill-Rom Holdings and gave the company a “hold” rating in a report on Friday, July 28th. Finally, Barclays PLC increased their price objective on Hill-Rom Holdings from $86.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, November 6th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $88.57.

Hill-Rom Holdings Profile

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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