Insider Selling: Hillenbrand, Inc. (HI) VP Sells 5,177 Shares of Stock

Hillenbrand, Inc. (NYSE:HI) VP Eric M. Teegarden sold 5,177 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $44.49, for a total value of $230,324.73. Following the sale, the vice president now directly owns 3,531 shares of the company’s stock, valued at approximately $157,094.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Hillenbrand, Inc. (NYSE HI) traded up $0.95 on Tuesday, hitting $43.85. The stock had a trading volume of 581,388 shares, compared to its average volume of 276,604. Hillenbrand, Inc. has a 12 month low of $34.65 and a 12 month high of $46.50. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $2,795.43, a PE ratio of 19.98 and a beta of 1.31.

Hillenbrand (NYSE:HI) last posted its quarterly earnings data on Wednesday, January 31st. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.05. Hillenbrand had a return on equity of 19.51% and a net margin of 7.52%. The company had revenue of $397.20 million during the quarter, compared to analysts’ expectations of $384.30 million. During the same period in the prior year, the business earned $0.42 earnings per share. Hillenbrand’s revenue for the quarter was up 11.6% compared to the same quarter last year. equities research analysts anticipate that Hillenbrand, Inc. will post 2.33 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio boosted its position in shares of Hillenbrand by 6.5% in the second quarter. Public Employees Retirement System of Ohio now owns 3,771 shares of the company’s stock valued at $136,000 after acquiring an additional 230 shares during the period. Ameritas Investment Partners Inc. boosted its position in shares of Hillenbrand by 9.0% in the second quarter. Ameritas Investment Partners Inc. now owns 5,560 shares of the company’s stock valued at $201,000 after acquiring an additional 460 shares during the period. Amalgamated Bank boosted its position in shares of Hillenbrand by 11.8% in the second quarter. Amalgamated Bank now owns 8,773 shares of the company’s stock valued at $317,000 after acquiring an additional 926 shares during the period. Meeder Asset Management Inc. boosted its position in shares of Hillenbrand by 21.3% in the third quarter. Meeder Asset Management Inc. now owns 8,253 shares of the company’s stock valued at $321,000 after acquiring an additional 1,447 shares during the period. Finally, Louisiana State Employees Retirement System boosted its position in shares of Hillenbrand by 6.3% in the fourth quarter. Louisiana State Employees Retirement System now owns 27,100 shares of the company’s stock valued at $1,211,000 after acquiring an additional 1,600 shares during the period. 74.27% of the stock is owned by institutional investors.

A number of equities research analysts have issued reports on HI shares. ValuEngine raised Hillenbrand from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. B. Riley reaffirmed a “buy” rating and set a $50.00 target price on shares of Hillenbrand in a research report on Monday, December 18th. Zacks Investment Research raised Hillenbrand from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a research report on Tuesday, December 12th. Finally, Capital One Financial started coverage on Hillenbrand in a research report on Monday, October 23rd. They set an “equal weight” rating for the company. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. Hillenbrand presently has a consensus rating of “Hold” and an average target price of $52.00.

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About Hillenbrand

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.

Insider Buying and Selling by Quarter for Hillenbrand (NYSE:HI)

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