EntryPoint Capital LLC Increases Stock Holdings in Hillenbrand, Inc. (NYSE:HI)

EntryPoint Capital LLC boosted its stake in Hillenbrand, Inc. (NYSE:HI) by 28.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 24,500 shares of the company’s stock after buying an additional 5,466 shares during the quarter. Hillenbrand makes up 0.3% of EntryPoint Capital LLC’s investment portfolio, making the stock its 18th largest holding. EntryPoint Capital LLC’s holdings in Hillenbrand were worth $754,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC lifted its position in shares of Hillenbrand by 19.3% during the third quarter. Jane Street Group LLC now owns 205,053 shares of the company’s stock valued at $5,700,000 after purchasing an additional 33,117 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Hillenbrand by 284.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,995 shares of the company’s stock worth $611,000 after buying an additional 16,274 shares in the last quarter. Financial Counselors Inc. boosted its stake in shares of Hillenbrand by 30.1% in the 3rd quarter. Financial Counselors Inc. now owns 322,252 shares of the company’s stock worth $8,959,000 after buying an additional 74,527 shares during the last quarter. State Street Corp grew its holdings in shares of Hillenbrand by 0.7% in the third quarter. State Street Corp now owns 2,739,689 shares of the company’s stock valued at $76,163,000 after acquiring an additional 19,546 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Hillenbrand by 10.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,084,818 shares of the company’s stock valued at $33,391,000 after acquiring an additional 105,865 shares during the last quarter. 89.09% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Hillenbrand from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th.

Hillenbrand Stock Up 1.9 %

Hillenbrand stock opened at $26.25 on Tuesday. The company has a quick ratio of 0.86, a current ratio of 1.34 and a debt-to-equity ratio of 1.33. The company has a market capitalization of $1.85 billion, a P/E ratio of -8.36 and a beta of 1.41. The firm has a 50 day moving average price of $31.00 and a 200-day moving average price of $30.22. Hillenbrand, Inc. has a twelve month low of $24.64 and a twelve month high of $50.58.

Hillenbrand (NYSE:HI) last released its earnings results on Wednesday, February 5th. The company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.02. Hillenbrand had a positive return on equity of 15.00% and a negative net margin of 7.12%. During the same period in the prior year, the company earned $0.69 earnings per share. As a group, equities analysts predict that Hillenbrand, Inc. will post 2.53 EPS for the current year.

Hillenbrand Dividend Announcement

The firm also recently announced 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 3.43%. Hillenbrand’s payout ratio is -28.66%.

Hillenbrand Company Profile

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.