State Treasurer State of Michigan Sells 1,100 Shares of Hill-Rom Holdings, Inc. (HRC)
State Treasurer State of Michigan lowered its position in shares of Hill-Rom Holdings, Inc. (NYSE:HRC) by 4.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 23,650 shares of the medical technology company’s stock after selling 1,100 shares during the period. State Treasurer State of Michigan’s holdings in Hill-Rom were worth $1,993,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in HRC. Citigroup Inc. lifted its position in Hill-Rom by 21.1% during the second quarter. Citigroup Inc. now owns 2,483 shares of the medical technology company’s stock valued at $198,000 after buying an additional 433 shares during the period. DekaBank Deutsche Girozentrale lifted its position in Hill-Rom by 101.0% during the third quarter. DekaBank Deutsche Girozentrale now owns 2,720 shares of the medical technology company’s stock valued at $204,000 after buying an additional 1,367 shares during the period. Fox Run Management L.L.C. purchased a new position in Hill-Rom during the third quarter valued at $207,000. CAPROCK Group Inc. purchased a new position in Hill-Rom during the fourth quarter valued at $211,000. Finally, Braun Stacey Associates Inc. purchased a new position in Hill-Rom during the fourth quarter valued at $233,000. 80.84% of the stock is owned by institutional investors and hedge funds.
In other news, CEO John J. Greisch sold 125,241 shares of Hill-Rom stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $82.59, for a total value of $10,343,654.19. Following the completion of the transaction, the chief executive officer now owns 280,851 shares of the company’s stock, valued at approximately $23,195,484.09. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO John J. Greisch sold 100,000 shares of Hill-Rom stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $82.82, for a total value of $8,282,000.00. Following the completion of the transaction, the chief executive officer now directly owns 230,851 shares of the company’s stock, valued at approximately $19,119,079.82. The disclosure for this sale can be found here. In the last ninety days, insiders sold 226,241 shares of company stock valued at $18,708,644. 1.90% of the stock is owned by insiders.
Hill-Rom Holdings, Inc. (NYSE:HRC) opened at $81.04 on Tuesday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.75 and a quick ratio of 1.29. The stock has a market capitalization of $5,276.03, a PE ratio of 27.56, a PEG ratio of 1.33 and a beta of 1.05. Hill-Rom Holdings, Inc. has a 52-week low of $61.66 and a 52-week high of $91.11.
Hill-Rom (NYSE:HRC) last posted its quarterly earnings results on Friday, January 26th. The medical technology company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.13. The firm had revenue of $669.70 million during the quarter, compared to analyst estimates of $670.00 million. Hill-Rom had a return on equity of 20.24% and a net margin of 7.14%. Hill-Rom’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.75 EPS. research analysts expect that Hill-Rom Holdings, Inc. will post 4.62 earnings per share for the current year.
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Hill-Rom Company Profile
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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