Shares of Hillenbrand, Inc. (NYSE:HI) have been given a consensus rating of “Buy” by the seven ratings firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $54.00.

A number of research firms have weighed in on HI. ValuEngine raised shares of Valmont Industries from a “sell” rating to a “hold” rating in a report on Friday. Buckingham Research began coverage on shares of Hillenbrand in a report on Thursday, May 16th. They set a “buy” rating and a $53.00 price objective on the stock. Finally, DA Davidson raised shares of Hillenbrand from a “neutral” rating to a “buy” rating and set a $43.00 price objective on the stock in a report on Monday.

Hillenbrand stock traded up $0.77 during trading on Tuesday, reaching $37.16. The stock had a trading volume of 1,349,100 shares, compared to its average volume of 321,067. Hillenbrand has a 52-week low of $33.68 and a 52-week high of $53.41. The firm has a 50 day moving average of $38.41. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.92 and a current ratio of 1.29. The stock has a market capitalization of $2.12 billion, a PE ratio of 15.29 and a beta of 1.28.

Hillenbrand (NYSE:HI) last released its quarterly earnings data on Wednesday, May 1st. The company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. Hillenbrand had a net margin of 8.17% and a return on equity of 20.21%. The company had revenue of $464.60 million for the quarter, compared to analysts’ expectations of $444.60 million. During the same quarter last year, the company earned $0.65 earnings per share. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. As a group, sell-side analysts expect that Hillenbrand will post 2.48 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were issued a $0.21 dividend. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.26%. Hillenbrand’s payout ratio is 34.57%.

Institutional investors have recently made changes to their positions in the company. Zions Bancorporation N.A. acquired a new position in shares of Hillenbrand in the 1st quarter valued at $41,000. Pearl River Capital LLC increased its stake in Hillenbrand by 175.6% in the 1st quarter. Pearl River Capital LLC now owns 1,086 shares of the company’s stock valued at $46,000 after buying an additional 692 shares during the period. NumerixS Investment Technologies Inc increased its stake in Hillenbrand by 2,500.0% in the 1st quarter. NumerixS Investment Technologies Inc now owns 2,600 shares of the company’s stock valued at $108,000 after buying an additional 2,500 shares during the period. Advisor Group Inc. increased its stake in Hillenbrand by 50.3% in the 4th quarter. Advisor Group Inc. now owns 2,804 shares of the company’s stock valued at $106,000 after buying an additional 939 shares during the period. Finally, Valley National Advisers Inc. acquired a new position in Hillenbrand in the 4th quarter valued at $111,000. 77.82% of the stock is currently owned by institutional investors and hedge funds.

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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