Hillenbrand, Inc. (NYSE:HI) VP Acquires $12,819.00 in Stock

Hillenbrand, Inc. (NYSE:HI) VP Leo Kulmaczewski purchased 300 shares of the business’s stock in a transaction dated Monday, May 6th. The stock was bought at an average cost of $42.73 per share, with a total value of $12,819.00. Following the completion of the acquisition, the vice president now directly owns 2,186 shares of the company’s stock, valued at $93,407.78. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Leo Kulmaczewski also recently made the following trade(s):

• On Friday, May 3rd, Leo Kulmaczewski purchased 900 shares of Hillenbrand stock. The stock was bought at an average cost of $42.10 per share, with a total value of $37,890.00.

Hillenbrand Price Performance

Shares of HI stock traded up $1.54 on Tuesday, reaching $45.02. The company’s stock had a trading volume of 467,067 shares, compared to its average volume of 303,192. The company has a quick ratio of 0.86, a current ratio of 1.34 and a debt-to-equity ratio of 1.24. Hillenbrand, Inc. has a 12-month low of $37.19 and a 12-month high of $53.76. The company has a market capitalization of $3.16 billion, a P/E ratio of 35.92 and a beta of 1.49. The stock’s 50 day simple moving average is $47.85 and its 200-day simple moving average is $44.88.

Hillenbrand (NYSE:HI) last issued its quarterly earnings data on Tuesday, April 30th. The company reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.01. Hillenbrand had a return on equity of 14.75% and a net margin of 2.79%. The company had revenue of $785.30 million for the quarter, compared to the consensus estimate of $801.55 million. During the same quarter last year, the business posted $0.74 earnings per share. The firm’s revenue was up 13.7% compared to the same quarter last year. As a group, equities analysts predict that Hillenbrand, Inc. will post 3.57 earnings per share for the current fiscal year.

Hillenbrand Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a $0.222 dividend. The ex-dividend date was Thursday, March 14th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 1.97%. Hillenbrand’s dividend payout ratio (DPR) is presently 73.55%.

Institutional Investors Weigh In On Hillenbrand

Large investors have recently added to or reduced their stakes in the company. GoalVest Advisory LLC purchased a new stake in Hillenbrand during the fourth quarter valued at about $37,000. Transcendent Capital Group LLC purchased a new position in shares of Hillenbrand in the fourth quarter worth about $63,000. Greenleaf Trust purchased a new position in shares of Hillenbrand in the first quarter worth about $200,000. Vanguard Personalized Indexing Management LLC purchased a new position in shares of Hillenbrand in the fourth quarter worth about $203,000. Finally, Xponance Inc. purchased a new position in shares of Hillenbrand in the fourth quarter worth about $204,000. Hedge funds and other 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.