Hill-Rom Holdings, Inc. (NYSE:HRC) – Equities research analysts at KeyCorp decreased their Q2 2018 EPS estimates for Hill-Rom in a research note issued on Friday. KeyCorp analyst M. Mishan now anticipates that the medical technology company will post earnings of $1.02 per share for the quarter, down from their previous forecast of $1.04. KeyCorp has a “Buy” rating and a $97.00 price objective on the stock. KeyCorp also issued estimates for Hill-Rom’s Q3 2018 earnings at $1.17 EPS and Q4 2018 earnings at $1.50 EPS.
Hill-Rom (NYSE:HRC) last issued its earnings results on Friday, January 26th. The medical technology company reported $0.92 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.13. Hill-Rom had a net margin of 4.87% and a return on equity of 20.27%. The firm had revenue of $669.70 million during the quarter, compared to analyst estimates of $670.00 million. During the same quarter in the prior year, the business earned $0.75 earnings per share. Hill-Rom’s revenue for the quarter was up 5.1% on a year-over-year basis.
Hill-Rom (NYSE HRC) opened at $88.22 on Monday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.34 and a current ratio of 1.77. Hill-Rom has a 12-month low of $57.18 and a 12-month high of $91.11. The firm has a market cap of $5,810.00, a price-to-earnings ratio of 29.91, a P/E/G ratio of 1.61 and a beta of 1.19.
In related news, CEO John J. Greisch sold 125,241 shares of the company’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $82.59, for a total transaction of $10,343,654.19. Following the sale, the chief executive officer now owns 280,851 shares of the company’s stock, valued at $23,195,484.09. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Paul Sherwood Johnson sold 1,000 shares of the company’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $82.99, for a total transaction of $82,990.00. Following the sale, the senior vice president now directly owns 1,066 shares in the company, valued at approximately $88,467.34. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 226,241 shares of company stock worth $18,708,644. 2.20% of the stock is owned by insiders.
Institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC raised its stake in shares of Hill-Rom by 173.1% in the fourth quarter. SG Americas Securities LLC now owns 45,643 shares of the medical technology company’s stock valued at $3,847,000 after acquiring an additional 28,932 shares during the period. State of Alaska Department of Revenue purchased a new stake in shares of Hill-Rom in the fourth quarter valued at $429,000. Fox Run Management L.L.C. raised its stake in shares of Hill-Rom by 190.4% in the fourth quarter. Fox Run Management L.L.C. now owns 8,130 shares of the medical technology company’s stock valued at $685,000 after acquiring an additional 5,330 shares during the period. CAPROCK Group Inc. purchased a new stake in shares of Hill-Rom in the fourth quarter valued at $211,000. Finally, Creative Planning raised its stake in shares of Hill-Rom by 6.8% in the fourth quarter. Creative Planning now owns 20,174 shares of the medical technology company’s stock valued at $1,700,000 after acquiring an additional 1,287 shares during the period. 82.00% of the stock is currently owned by institutional investors.
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Hill-Rom Company Profile
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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