Thompson Investment Management Inc. Has $558,000 Position in Hillenbrand, Inc. (NYSE:HI)

Thompson Investment Management Inc. grew its position in shares of Hillenbrand, Inc. (NYSE:HIFree Report) by 5.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,090 shares of the company’s stock after purchasing an additional 525 shares during the quarter. Thompson Investment Management Inc.’s holdings in Hillenbrand were worth $558,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GoalVest Advisory LLC bought a new stake in shares of Hillenbrand in the fourth quarter worth $37,000. Transcendent Capital Group LLC acquired a new stake in shares of Hillenbrand in the fourth quarter valued at about $63,000. Vanguard Personalized Indexing Management LLC bought a new position in shares of Hillenbrand during the fourth quarter worth about $203,000. Xponance Inc. acquired a new position in shares of Hillenbrand in the fourth quarter worth approximately $204,000. Finally, Mackenzie Financial Corp bought a new stake in Hillenbrand in the fourth quarter valued at approximately $217,000. 89.09% of the stock is currently owned by institutional investors.

Hillenbrand Trading Down 0.8 %

Hillenbrand stock traded down $0.33 during mid-day trading on Tuesday, hitting $41.13. 289,448 shares of the stock were exchanged, compared to its average volume of 306,183. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 33.59 and a beta of 1.46. Hillenbrand, Inc. has a 12 month low of $37.19 and a 12 month high of $53.67. The company has a quick ratio of 0.86, a current ratio of 1.34 and a debt-to-equity ratio of 1.24. The firm’s fifty day simple moving average is $44.69 and its two-hundred day simple moving average is $46.05.

Hillenbrand (NYSE:HIGet Free Report) last released its earnings results on Tuesday, April 30th. The company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.01. Hillenbrand had a net margin of 2.79% and a return on equity of 14.75%. The business had revenue of $785.30 million for the quarter, compared to analyst estimates of $801.55 million. During the same quarter in the previous year, the business earned $0.74 earnings per share. Hillenbrand’s revenue for the quarter was up 13.7% on a year-over-year basis. Analysts forecast that Hillenbrand, Inc. will post 3.37 EPS for the current year.

Hillenbrand Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be given a dividend of $0.222 per share. The ex-dividend date is Friday, June 14th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 2.16%. Hillenbrand’s dividend payout ratio (DPR) is presently 73.55%.

Insider Buying and Selling

In related news, VP Leo Kulmaczewski acquired 900 shares of the stock in a transaction on Friday, May 3rd. The shares were acquired at an average price of $42.10 per share, with a total value of $37,890.00. Following the completion of the transaction, the vice president now owns 1,886 shares in the company, valued at approximately $79,400.60. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Hillenbrand news, CFO Robert M. Vanhimbergen bought 2,400 shares of Hillenbrand stock in a transaction dated Friday, May 3rd. The stock was purchased at an average price of $42.58 per share, for a total transaction of $102,192.00. Following the completion of the purchase, the chief financial officer now directly owns 48,794 shares of the company’s stock, valued at $2,077,648.52. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Leo Kulmaczewski bought 900 shares of Hillenbrand stock in a transaction on Friday, May 3rd. The shares were bought at an average cost of $42.10 per share, with a total value of $37,890.00. Following the acquisition, the vice president now directly owns 1,886 shares in the company, valued at $79,400.60. The disclosure for this purchase can be found here. In the last three months, insiders have bought 6,537 shares of company stock valued at $278,193. 1.80% of the stock is owned by company insiders.

About Hillenbrand

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Hillenbrand (NYSE:HI)

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