Research analysts at Capital One Financial Corporation began coverage on shares of Hillenbrand Inc (NYSE:HI) in a report issued on Monday. The firm set an “equal weight” rating on the stock.

HI has been the topic of several other reports. Zacks Investment Research downgraded Hillenbrand from a “hold” rating to a “sell” rating in a report on Wednesday, September 6th. BidaskClub downgraded Hillenbrand from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. Finally, FBR & Co reaffirmed an “outperform” rating on shares of Hillenbrand in a report on Tuesday, July 11th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold”.

Hillenbrand (NYSE HI) opened at 39.40 on Monday. The firm has a market cap of $2.48 billion, a price-to-earnings ratio of 20.41 and a beta of 1.26. Hillenbrand has a 1-year low of $28.60 and a 1-year high of $39.67. The firm has a 50-day moving average price of $37.89 and a 200 day moving average price of $36.69.

Hillenbrand (NYSE:HI) last announced its earnings results on Wednesday, August 2nd. The company reported $0.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.03. The firm had revenue of $395.90 million for the quarter, compared to the consensus estimate of $388.57 million. Hillenbrand had a return on equity of 19.72% and a net margin of 7.87%. The business’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.53 EPS. Equities analysts predict that Hillenbrand will post $2.07 earnings per share for the current year.

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Large investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its stake in shares of Hillenbrand by 9.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 2,971 shares of the company’s stock valued at $107,000 after purchasing an additional 255 shares during the period. Strs Ohio lifted its stake in shares of Hillenbrand by 50.0% in the 2nd quarter. Strs Ohio now owns 3,000 shares of the company’s stock valued at $108,000 after purchasing an additional 1,000 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Hillenbrand by 9.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,226 shares of the company’s stock valued at $116,000 after purchasing an additional 268 shares during the period. IFP Advisors Inc lifted its stake in shares of Hillenbrand by 1.0% in the 2nd quarter. IFP Advisors Inc now owns 3,608 shares of the company’s stock valued at $130,000 after purchasing an additional 35 shares during the period. Finally, Acrospire Investment Management LLC lifted its stake in shares of Hillenbrand by 164.2% in the 2nd quarter. Acrospire Investment Management LLC now owns 3,701 shares of the company’s stock valued at $134,000 after purchasing an additional 2,300 shares during the period. 76.00% of the stock is currently owned by institutional investors.

Hillenbrand Company Profile

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.

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