At Hillenbrand, Inc., the number of short positions saw a large increase during August (NYSE: HI). As of the 15th of August, there were 1,480,000 shares borrowed, an increase of 9.6% compared to 1,350,000 shares borrowed the day before. At any given time, around 2.2% of the total shares issued by the corporation are held in short positions. The current short-interest ratio is 4.7 days; this value is obtained from the daily trading volume of 313,700 shares. This statistic indicates that there is currently 4.7 days’ worth of shares borrowed. Hillenbrand trades on the New York Stock Exchange under the symbol NYSE: HI, is a midcap stock currently undervalued and pays a dividend of 2.5%. According to further recent information relevant to this matter, the Chief Financial Officer of Hillenbrand, Robert M. Vanhimbergen, purchased 6,000 Hillenbrand stock on Monday, June 6. A total of 264,000.00 dollars was spent on the acquisition of the stock, which works out to a price of $44.00 per share on an average basis. Following the deal’s completion, the chief financial officer acquired direct ownership of 6,000 shares in the company. The total value of these shares is 264,000 dollars. The Securities and Exchange Commission (SEC) keeps a legal file open to the public and can be read online. This file had information relevant to the transaction, which was discovered there.
According to further recent information relevant to this matter, the Chief Financial Officer of Hillenbrand, Robert M. Vanhimbergen, purchased 6,000 Hillenbrand stock on Monday, June 6. A total of 264,000.00 dollars was spent on the acquisition of the stock, which works out to a price of $44.00 per share on an average basis. Following the deal’s completion, the chief financial officer acquired direct ownership of 6,000 shares in the company. The total value of these shares is 264,000 dollars. The Securities and Exchange Commission (SEC) keeps a legal file open to the public and can be read online. This file had information relevant to the transaction, which was discovered there. In addition, on August 16th, Chief Administrative Officer Megan A. Walke sold 641 shares of the company’s stock. The shares were sold for a total value of $30,691.08, and buyers were willing to pay an average price of $47.88 per share. Following the transaction, the chief accounting officer bought 3,243 business shares, which, at the time of this writing, have an aggregate worth of $155,274.84. Disclosures that are related to the sale might be found in this section of the website. Individuals employed by the corporation hold 3.08% of the company’s shares. Recently, hedge funds have been very active in the stock market of the corporation, buying and selling shares back and forth. During the second quarter, State Street Corporation completed a 1.3% rise in the amount of Hillenbrand stock that was held in its portfolio. State Street Corporation now owns a total of 2,551,028 shares, valued at $104,490,000. This is the result of the company’s making an additional purchase of 32,595 shares during the most recent quarter. The investment portfolio managed by LSV Asset Management had a 13.9% increase in its Hillenbrand holdings during the first three months of the year. After making additional purchases totaling 271,154 shares during the most recent quarter, LSV Asset Management now holds a total of 2,223,563 of the company’s shares in its portfolio. According to LSV Asset Management, the total value of the company’s stock holdings is $98,215,000. Dimensional Fund Advisors LP increased its stake in Hillenbrand by 5% during the first three months of 2018. Following the acquisition of an additional 63,938 shares during the most recent quarter, Dimensional Fund Advisors LP now holds 1,346,908 shares of its stock in its portfolio. The value of these shares places a $59,497,000 price tag on the company’s stock.
During the fourth quarter, Hillenbrand Capital Management LLC increased the proportion of Hillenbrand stock owned by 3.8%. After purchasing 44,768 shares in the company during the most recent fiscal quarter, Geode Capital Management LLC now owns a total of 1,216,471 shares in the company. This brings the company’s total number of shares owned by Geode Capital Management LLC to 1,216,471. There is a value of $63,244,000 associated with these shares. And finally, during the second quarter, Goldman Sachs Group Inc. increased its holdings in Hillenbrand by 42.7% by purchasing additional company stock shares. After purchasing an additional 292,538 shares during the most recent quarter, Goldman Sachs Group Inc. now directly owns 978,106 shares of the company’s stock, which is $40,063,000. This brings the total number of shares directly owned by the firm to 978,106. Because of this, the total number of shares owned directly by the company is now 1,018,312. A total of 88.74% of the outstanding shares of stock are held in ownership by hedge funds and other institutional investors. On Tuesday, the cost of purchasing a single share of HI stock was $42.94. The current price of Hillenbrand represents a one-year high of $54.15, while the current price represents a one-year low of $37.84. The company has a price-to-earnings ratio of 15.17, a price-to-earnings-growth ratio of 0.93, and a beta value of 1.37. Its market capitalization is now assessed to be $2.98 billion. In addition, the price-to-earnings growth ratio is 0.93, and the price-to-earnings ratio is The price of the stock has a simple moving average of $43.15 over the past 50 days, and it has a price of $43.37 over the past 200 days. The debt-to-equity ratio is found to be 1.06, the quick ratio is found to be 0.85, and the current ratio is found to be 1.33.
On August 3rd, Hillenbrand’s most recent quarterly report was released to the public. Hillenbrand is a company that trades on the NYSE under the ticker HI. The company announced earnings per share for the quarter of $0.92, which is $0.06 higher than the consensus estimate of $0.86 per share for the period. Both the return on equity and the net margin for the company came in at 23.13 percent for Hillenbrand, and 7.03 percent, respectively. The final tally for the quarter’s revenue was $720.60 million, which was much better than the average estimate of $712.00 million, which market analysts provided. According to the projections of equity market analysts, Hillenbrand will bring in 3.9 cents per share in profits for the current fiscal year. In addition, the firm has declared a quarterly dividend, which will be distributed on the following Friday, September 30. The date of the payment has not yet been determined. Shareholders currently registered will be eligible to receive dividend payments on September 16th for $0.218 per share. The dividend payment that Hillenbrand has been making in the past, which was $0.22 each quarter, will now be increased to the current amount. Because of this, the yield is calculated to be 2.03%, and the yearly dividend is estimated to be $0.87. The 15th of September, which is a Thursday, is the date that will mark the beginning of the “ex-dividend” status for this dividend. Hillenbrand’s dividend payout ratio (also known as DPR) has recently achieved 30.74%. Wall Street economists have a bullish outlook on the economy’s long-term prospects. Recent weeks have seen several equity analysts publish research studies on HI stock.
In a research note made public on May 12th, Hillenbrand was given a rating of “strong-buy,” an upgrade from the prior recommendation of “buy” that Bloomberg had given to the company. The “buy” rating that DA Davidson had previously given for Hillenbrand shares was reiterated in a research note released on the 11th of May. Information is specific to the organization Hillenbrand Hillenbrand, Inc. is a multi-national industrial conglomerate that operates in various nations and the United States of America. The organization may be divided into three main business divisions: the Advanced Process Solutions division, the Molding Technology Solutions division, and the Batesville division. Equipment for compounding, extrusion and material handling are just some of the products that fall within the purview of the Advanced Process Solutions division, which is also responsible for their production, marketing, and maintenance. In addition, this section is in charge of designing and developing the machinery and systems needed for process and material handling. It also makes screening and separating equipment for a wide range of markets, such as plastics, food and pharmaceuticals, chemicals, fertilizers, minerals, energy, wastewater treatment, and forest products.
