Hillenbrand, Inc. (NYSE:HI) has been given a consensus rating of “Hold” by the six brokerages that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $48.00.

A number of research analysts have recently weighed in on HI shares. Zacks Investment Research lowered Hillenbrand from a “hold” rating to a “sell” rating in a report on Tuesday, August 6th. DA Davidson upgraded Hillenbrand from a “neutral” rating to a “buy” rating and set a $43.00 target price on the stock in a report on Monday, July 15th. ValuEngine lowered Hillenbrand from a “hold” rating to a “sell” rating in a report on Friday, July 12th. TheStreet lowered Hillenbrand from a “b-” rating to a “c+” rating in a report on Friday, August 9th. Finally, Buckingham Research assumed coverage on Hillenbrand in a report on Thursday, May 16th. They set a “buy” rating and a $53.00 price target on the stock.

A number of institutional investors have recently modified their holdings of the stock. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Hillenbrand in the 2nd quarter worth about $4,272,000. Verition Fund Management LLC purchased a new position in shares of Hillenbrand in the 2nd quarter worth about $213,000. Nuveen Asset Management LLC purchased a new position in shares of Hillenbrand in the 2nd quarter worth about $21,150,000. UBS Asset Management Americas Inc. boosted its holdings in shares of Hillenbrand by 9.7% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 58,610 shares of the company’s stock worth $2,319,000 after purchasing an additional 5,176 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Hillenbrand in the 2nd quarter worth about $426,000. Institutional investors and hedge funds own 77.03% of the company’s stock.

Shares of HI stock traded down $0.33 during trading hours on Tuesday, reaching $28.06. The company had a trading volume of 541,700 shares, compared to its average volume of 397,884. Hillenbrand has a 12 month low of $26.73 and a 12 month high of $53.41. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.25 and a quick ratio of 0.90. The business has a fifty day simple moving average of $33.42 and a 200-day simple moving average of $39.42. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 11.55 and a beta of 1.25.

Hillenbrand (NYSE:HI) last posted its earnings results on Wednesday, July 31st. The company reported $0.57 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.61 by ($0.04). Hillenbrand had a net margin of 7.86% and a return on equity of 19.57%. The company had revenue of $446.60 million during the quarter, compared to the consensus estimate of $456.63 million. During the same quarter in the prior year, the business earned $0.57 EPS. The firm’s revenue for the quarter was up .1% compared to the same quarter last year. On average, equities research analysts expect that Hillenbrand will post 2.41 earnings per share for the current year.

Hillenbrand Company Profile

Hillenbrand, Inc operates as a diversified industrial company in the United States and internationally. The company operates in two segments, Process Equipment Group and Batesville. The Process Equipment Group segment designs, engineers, manufactures, markets, and services process and material handling equipment and systems for various industries, including plastics, food and pharmaceuticals, chemicals, fertilizers, minerals and mining, energy, wastewater treatment, forest products, and other general industrials.

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