Hillenbrand (NYSE:HI) Sets New 12-Month Low – Should You Sell?

Hillenbrand, Inc. (NYSE:HI) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $24.82 and last traded at $25.01, with a volume of 107690 shares traded. The stock had previously closed at $26.20.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on HI shares. StockNews.com downgraded shares of Hillenbrand from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. DA Davidson restated a “neutral” rating and issued a $33.00 price target on shares of Hillenbrand in a research report on Friday, November 15th.

Hillenbrand Stock Up 1.8 %

The stock’s 50-day moving average price is $31.62 and its 200-day moving average price is $30.50. The stock has a market cap of $1.78 billion, a price-to-earnings ratio of -8.06 and a beta of 1.41. The company has a current ratio of 1.34, a quick ratio of 0.86 and a debt-to-equity ratio of 1.33.

Hillenbrand (NYSE:HI) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.02. Hillenbrand had a negative net margin of 7.12% and a positive return on equity of 15.00%. During the same period last year, the company posted $0.69 earnings per share. On average, sell-side analysts expect that Hillenbrand, Inc. will post 2.53 earnings per share for the current year.

Hillenbrand Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.225 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.90 annualized dividend and a dividend yield of 3.56%. Hillenbrand’s dividend payout ratio is currently -28.66%.

Institutional Trading of Hillenbrand

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Fifth Third Bancorp increased its stake in Hillenbrand by 0.5% during the 4th quarter. Fifth Third Bancorp now owns 80,208 shares of the company’s stock valued at $2,469,000 after purchasing an additional 387 shares in the last quarter. KBC Group NV grew its stake in shares of Hillenbrand by 32.2% in the 3rd quarter. KBC Group NV now owns 2,263 shares of the company’s stock worth $63,000 after acquiring an additional 551 shares in the last quarter. OneDigital Investment Advisors LLC grew its stake in shares of Hillenbrand by 3.8% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 16,657 shares of the company’s stock worth $463,000 after acquiring an additional 603 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Hillenbrand by 107.5% in the 4th quarter. GAMMA Investing LLC now owns 1,185 shares of the company’s stock worth $36,000 after acquiring an additional 614 shares in the last quarter. Finally, Bank of Montreal Can grew its stake in shares of Hillenbrand by 6.1% in the 4th quarter. Bank of Montreal Can now owns 13,039 shares of the company’s stock worth $401,000 after acquiring an additional 746 shares in the last quarter. Institutional investors own 89.09% of the company’s stock.

About Hillenbrand

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.