Hill-Rom Holdings, Inc. (HRC) Director Purchases $24,990.00 in Stock
Hill-Rom Holdings, Inc. (NYSE:HRC) Director Mary Garrett purchased 300 shares of the business’s stock in a transaction dated Tuesday, December 5th. The stock was purchased at an average price of $83.30 per share, for a total transaction of $24,990.00. Following the completion of the acquisition, the director now owns 300 shares of the company’s stock, valued at $24,990. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.
Hill-Rom Holdings, Inc. (HRC) traded up $0.20 on Thursday, reaching $83.44. The company had a trading volume of 268,329 shares, compared to its average volume of 503,729. Hill-Rom Holdings, Inc. has a fifty-two week low of $54.59 and a fifty-two week high of $85.25. The company has a market capitalization of $5,474.99, a price-to-earnings ratio of 21.55, a PEG ratio of 1.77 and a beta of 1.19. The company has a quick ratio of 1.34, a current ratio of 1.77 and a debt-to-equity ratio of 1.55.
Hill-Rom (NYSE:HRC) last released its earnings results on Friday, November 3rd. The medical technology company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.05. Hill-Rom had a return on equity of 20.27% and a net margin of 4.87%. The business had revenue of $738.30 million for the quarter, compared to analyst estimates of $731.10 million. During the same quarter in the prior year, the company posted $1.18 earnings per share. Hill-Rom’s revenue was up 4.6% on a year-over-year basis. equities research analysts anticipate that Hill-Rom Holdings, Inc. will post 4.26 earnings per share for the current year.
A number of brokerages have recently commented on HRC. Zacks Investment Research upgraded Hill-Rom from a “sell” rating to a “hold” rating in a report on Monday, September 18th. ValuEngine lowered Hill-Rom from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Barclays boosted their price target on Hill-Rom from $86.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, November 6th. Bank of America restated a “hold” rating on shares of Hill-Rom in a report on Wednesday, November 22nd. Finally, Stifel Nicolaus boosted their price target on Hill-Rom from $84.00 to $85.00 and gave the company a “buy” rating in a report on Monday, November 6th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Hill-Rom has a consensus rating of “Buy” and an average target price of $89.57.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in HRC. Seven Eight Capital LP bought a new stake in Hill-Rom in the second quarter valued at approximately $127,000. Acrospire Investment Management LLC raised its stake in Hill-Rom by 43.4% in the second quarter. Acrospire Investment Management LLC now owns 1,983 shares of the medical technology company’s stock valued at $158,000 after buying an additional 600 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Hill-Rom by 10.2% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,201 shares of the medical technology company’s stock valued at $175,000 after buying an additional 204 shares during the period. Citigroup Inc. raised its stake in Hill-Rom by 21.1% in the second quarter. Citigroup Inc. now owns 2,483 shares of the medical technology company’s stock valued at $198,000 after buying an additional 433 shares during the period. Finally, DekaBank Deutsche Girozentrale raised its stake in Hill-Rom by 101.0% in the third quarter. DekaBank Deutsche Girozentrale now owns 2,720 shares of the medical technology company’s stock valued at $204,000 after buying an additional 1,367 shares during the period. Institutional investors and hedge funds own 82.35% of the company’s stock.
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Hill-Rom Holdings, Inc is a global medical technology company. The Company operates through four segments: North America Patient Support Systems, International Patient Support Systems, Front Line Care and Surgical Solutions. The Company’s products and services include Patient Support Systems, Front Line Care and Surgical Solutions.
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