Hillenbrand Inc (NYSE:HI) – Investment analysts at B. Riley decreased their FY2017 earnings per share estimates for Hillenbrand in a research report issued on Friday. B. Riley analyst L. Burke now expects that the company will post earnings per share of $2.04 for the year, down from their prior estimate of $2.08. B. Riley currently has a “Buy” rating and a $46.00 target price on the stock. B. Riley also issued estimates for Hillenbrand’s Q4 2017 earnings at $0.56 EPS and FY2018 earnings at $2.34 EPS.

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Several other brokerages have also recently commented on HI. Capital One Financial Corporation assumed coverage on shares of Hillenbrand in a research note on Monday, October 23rd. They issued an “equal weight” rating on the stock. Zacks Investment Research cut shares of Hillenbrand from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. Finally, BidaskClub cut shares of Hillenbrand from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $46.00.

Shares of Hillenbrand (HI) opened at $38.85 on Monday. The company has a market cap of $2,448.64, a price-to-earnings ratio of 18.86 and a beta of 1.36. Hillenbrand has a one year low of $32.25 and a one year high of $40.35. The company has a quick ratio of 1.03, a current ratio of 1.39 and a debt-to-equity ratio of 0.81.

Institutional investors have recently bought and sold shares of the company. Balyasny Asset Management LLC bought a new stake in shares of Hillenbrand in the 2nd quarter worth about $206,000. Chicago Equity Partners LLC increased its holdings in shares of Hillenbrand by 1,212.6% in the 2nd quarter. Chicago Equity Partners LLC now owns 101,795 shares of the company’s stock worth $3,675,000 after buying an additional 94,040 shares during the last quarter. Koch Industries Inc. bought a new stake in shares of Hillenbrand in the 2nd quarter worth about $308,000. Schroder Investment Management Group increased its holdings in shares of Hillenbrand by 6.3% in the 2nd quarter. Schroder Investment Management Group now owns 1,305,211 shares of the company’s stock worth $47,183,000 after buying an additional 77,200 shares during the last quarter. Finally, Rhumbline Advisers increased its holdings in shares of Hillenbrand by 2.5% in the 2nd quarter. Rhumbline Advisers now owns 123,626 shares of the company’s stock worth $4,463,000 after buying an additional 3,059 shares during the last quarter. Hedge funds and other institutional investors own 76.06% of the company’s stock.

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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