Principal Financial Group Inc. raised its position in Hill-Rom Holdings Inc (NYSE:HRC) by 8.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 283,290 shares of the medical technology company’s stock after buying an additional 22,188 shares during the period. Principal Financial Group Inc. owned about 0.43% of Hill-Rom Holdings worth $20,963,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HRC. Capstone Asset Management Co. increased its holdings in 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 buying an additional 180 shares in the last quarter. Oregon Public Employees Retirement Fund increased its holdings in 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 buying an additional 969 shares in the last quarter. LS Investment Advisors LLC increased its holdings in 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 buying an additional 815 shares in the last quarter. Aperio Group LLC increased its holdings in Hill-Rom Holdings by 10.7% in the second quarter. Aperio Group LLC now owns 21,484 shares of the medical technology company’s stock valued at $1,710,000 after buying an additional 2,078 shares in the last quarter. Finally, State Treasurer State of Michigan increased its holdings in Hill-Rom Holdings by 2.1% in the second quarter. State Treasurer State of Michigan now owns 24,650 shares of the medical technology company’s stock valued at $1,962,000 after buying an additional 500 shares in the last quarter. 80.37% of the stock is owned by institutional investors.

In other Hill-Rom Holdings news, SVP Andreas G. Frank sold 6,870 shares of the business’s 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 transaction, the senior vice president now directly owns 16,701 shares in the company, valued at approximately $1,293,993.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Andreas G. Frank sold 3,940 shares of the business’s stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $77.84, for a total transaction of $306,689.60. Following the completion of the transaction, the senior vice president now owns 16,701 shares in the company, valued at $1,300,005.84. The disclosure for this sale can be found here. Insiders own 2.20% of the company’s stock.

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Hill-Rom Holdings Inc (NYSE:HRC) opened at $83.11 on Thursday. The firm has a market cap of $5,467.75, a PE ratio of 21.52, a P/E/G ratio of 1.77 and a beta of 1.19. Hill-Rom Holdings Inc has a 52-week low of $52.58 and a 52-week high of $84.65. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.34 and a current ratio of 1.77.

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

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be given a dividend of $0.18 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.72 dividend on an annualized basis and a yield of 0.87%. Hill-Rom Holdings’s payout ratio is presently 36.18%.

A number of analysts have recently commented on HRC shares. Needham & Company LLC cut their target price on shares of Hill-Rom Holdings from $95.00 to $93.00 and set a “buy” rating for the company in a research note on Friday, July 28th. Cantor Fitzgerald set a $86.00 target price on shares of Hill-Rom Holdings and gave the stock a “hold” rating in a research note on Friday, July 28th. Stifel Nicolaus reissued a “buy” rating and set a $84.00 target price on shares of Hill-Rom Holdings in a research note on Sunday, July 30th. BidaskClub cut shares of Hill-Rom Holdings from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Zacks Investment Research cut shares of Hill-Rom Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target 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.

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

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