Hillenbrand Inc (NYSE:HI) insider Joe Anthony Raver sold 34,565 shares of the stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $43.25, for a total value of $1,494,936.25. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Hillenbrand Inc (NYSE:HI) opened at $43.65 on Friday. Hillenbrand Inc has a one year low of $34.65 and a one year high of $43.90. The company has a market capitalization of $2,750.97, a P/E ratio of 20.79 and a beta of 1.36. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.86 and a current ratio of 1.16.

Hillenbrand (NYSE:HI) last announced its quarterly earnings results on Wednesday, November 15th. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.04. Hillenbrand had a return on equity of 19.26% and a net margin of 7.94%. The company had revenue of $442.90 million during the quarter, compared to analyst estimates of $427.45 million. During the same period in the prior year, the company earned $0.58 earnings per share. The firm’s revenue was up 3.3% on a year-over-year basis. equities analysts anticipate that Hillenbrand Inc will post 2.23 EPS for the current year.

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A number of equities analysts recently commented on HI shares. Zacks Investment Research raised Hillenbrand from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. B. Riley reissued a “buy” rating and set a $50.00 price target (up from $46.00) on shares of Hillenbrand in a research note on Friday, November 10th. Capital One Financial Corporation started coverage on Hillenbrand in a research note on Monday, October 23rd. They set an “equal weight” rating for the company. Finally, BidaskClub lowered Hillenbrand from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $50.00.

A number of institutional investors have recently made changes to their positions in HI. Strs Ohio boosted its stake in Hillenbrand by 50.0% during the second quarter. Strs Ohio now owns 3,000 shares of the company’s stock valued at $108,000 after buying an additional 1,000 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Hillenbrand by 9.1% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,226 shares of the company’s stock valued at $116,000 after buying an additional 268 shares during the last quarter. IFP Advisors Inc boosted its stake in Hillenbrand by 1.0% during the second quarter. IFP Advisors Inc now owns 3,608 shares of the company’s stock valued at $130,000 after buying an additional 35 shares during the last quarter. Acrospire Investment Management LLC boosted its stake in Hillenbrand by 164.2% during the second quarter. Acrospire Investment Management LLC now owns 3,701 shares of the company’s stock valued at $134,000 after buying an additional 2,300 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in Hillenbrand by 6.5% during the second quarter. Public Employees Retirement System of Ohio now owns 3,771 shares of the company’s stock valued at $136,000 after buying an additional 230 shares during the last quarter. 73.79% of the stock is owned by institutional investors.

About Hillenbrand

Hillenbrand, Inc is a diversified industrial company with multiple brands that serve a range of industries across the globe. The Company operates in two segments: the Process Equipment Group and Batesville. The Process Equipment Group businesses design, develop, manufacture and service engineered industrial equipment throughout the world.

Insider Buying and Selling by Quarter for Hillenbrand (NYSE:HI)

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