Virginia Retirement Systems ET AL lifted its position in Hill-Rom Holdings, Inc. (NYSE:HRC) by 246.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,300 shares of the medical technology company’s stock after purchasing an additional 12,300 shares during the quarter. Virginia Retirement Systems ET AL’s holdings in Hill-Rom were worth $1,280,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. State Street Corp lifted its position in Hill-Rom by 2.7% during the 2nd quarter. State Street Corp now owns 1,681,107 shares of the medical technology company’s stock worth $133,831,000 after acquiring an additional 43,645 shares during the period. Principal Financial Group Inc. lifted its position in Hill-Rom by 8.5% during the 3rd quarter. Principal Financial Group Inc. now owns 283,290 shares of the medical technology company’s stock worth $20,963,000 after acquiring an additional 22,188 shares during the period. Amalgamated Bank lifted its position in Hill-Rom by 25.7% during the 2nd quarter. Amalgamated Bank now owns 13,108 shares of the medical technology company’s stock worth $1,044,000 after acquiring an additional 2,678 shares during the period. Canada Pension Plan Investment Board lifted its position in Hill-Rom by 42.7% during the 2nd quarter. Canada Pension Plan Investment Board now owns 16,700 shares of the medical technology company’s stock worth $1,329,000 after acquiring an additional 5,000 shares during the period. Finally, American Century Companies Inc. lifted its position in Hill-Rom by 1,191.1% during the 2nd quarter. American Century Companies Inc. now owns 110,359 shares of the medical technology company’s stock worth $8,786,000 after acquiring an additional 101,811 shares during the period. 82.35% of the stock is owned by hedge funds and other institutional investors.

In related news, SVP Andreas G. Frank sold 3,940 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $77.84, for a total value of $306,689.60. Following the completion of the transaction, the senior vice president now directly owns 16,701 shares of the company’s stock, valued at approximately $1,300,005.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Andreas G. Frank sold 6,870 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $77.48, for a total value of $532,287.60. Following the completion of the transaction, the senior vice president now directly owns 16,701 shares of the company’s stock, valued at $1,293,993.48. The disclosure for this sale can be found here. Company insiders own 2.20% of the company’s stock.

HRC has been the subject of a number of recent research reports. Zacks Investment Research raised Hill-Rom from a “sell” rating to a “hold” rating in a research report on Thursday, August 24th. KeyCorp reissued a “buy” rating and issued a $82.00 price target on shares of Hill-Rom in a report on Tuesday, October 17th. ValuEngine cut Hill-Rom from a “buy” rating to a “hold” rating in a report on Saturday, November 4th. Needham & Company LLC reduced their price target on Hill-Rom from $93.00 to $90.00 and set a “buy” rating for the company in a report on Monday, November 6th. Finally, Stifel Nicolaus raised 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 given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $89.57.

Hill-Rom Holdings, Inc. (NYSE:HRC) traded up $0.06 on Thursday, hitting $83.24. The stock had a trading volume of 196,600 shares, compared to its average volume of 504,731. The company has a quick ratio of 1.34, a current ratio of 1.77 and a debt-to-equity ratio of 1.55. The firm has a market cap of $5,474.99, a PE ratio of 21.55, a P/E/G ratio of 1.77 and a beta of 1.19. Hill-Rom Holdings, Inc. has a 1-year low of $54.59 and a 1-year high of $85.25.

Hill-Rom (NYSE:HRC) last posted its quarterly earnings results on Friday, November 3rd. The medical technology company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.27 by $0.05. The business had revenue of $738.30 million during the quarter, compared to analysts’ expectations of $731.10 million. Hill-Rom had a return on equity of 20.27% and a net margin of 4.87%. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period last year, the firm earned $1.18 EPS. sell-side analysts expect that Hill-Rom Holdings, Inc. will post 4.26 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.86%. The ex-dividend date is Thursday, December 14th. Hill-Rom’s payout ratio is currently 36.18%.

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About Hill-Rom

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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Institutional Ownership by Quarter for Hill-Rom (NYSE:HRC)

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