EntryPoint Capital LLC Buys 5,466 Shares of Hillenbrand, Inc. (NYSE:HI)

EntryPoint Capital LLC increased its stake in shares of Hillenbrand, Inc. (NYSE:HI) by 28.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 24,500 shares of the company’s stock after buying an additional 5,466 shares during the period. Hillenbrand accounts for 0.3% of EntryPoint Capital LLC’s portfolio, making the stock its 18th largest position. EntryPoint Capital LLC’s holdings in Hillenbrand were worth $754,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Hillenbrand by 284.5% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 21,995 shares of the company’s stock worth $611,000 after buying an additional 16,274 shares in the last quarter. Intech Investment Management LLC lifted its stake in Hillenbrand by 271.3% in the 3rd quarter. Intech Investment Management LLC now owns 29,267 shares of the company’s stock worth $814,000 after purchasing an additional 21,384 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Hillenbrand by 5.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 978,953 shares of the company’s stock valued at $27,215,000 after purchasing an additional 48,390 shares during the period. Cerity Partners LLC grew its position in shares of Hillenbrand by 107.9% during the 3rd quarter. Cerity Partners LLC now owns 27,459 shares of the company’s stock valued at $763,000 after purchasing an additional 14,253 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Hillenbrand in the third quarter worth $284,000. Institutional investors own 89.09% of the company’s stock.

Hillenbrand Trading Up 1.9 %

Shares of Hillenbrand stock opened at $26.25 on Tuesday. The company has a 50 day simple moving average of $31.00 and a two-hundred day simple moving average of $30.22. The firm has a market cap of $1.85 billion, a PE ratio of -8.36 and a beta of 1.41. Hillenbrand, Inc. has a 1 year low of $24.64 and a 1 year high of $50.58. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.34 and a quick ratio of 0.86.

Hillenbrand (NYSE:HI) last announced its earnings results on Wednesday, February 5th. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.02. Hillenbrand had a negative net margin of 7.12% and a positive return on equity of 15.00%. During the same period last year, the firm earned $0.69 earnings per share. Analysts expect that Hillenbrand, Inc. will post 2.53 earnings per share for the current fiscal year.

Hillenbrand Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 3.43%. The ex-dividend date of this dividend is Friday, March 14th. Hillenbrand’s dividend payout ratio (DPR) is presently -28.66%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Hillenbrand from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th.

Hillenbrand Profile

Hillenbrand, Inc operates as an industrial company in the United States and internationally. The company operates through two segments, Advanced Process Solutions and Molding Technology Solutions. The Advanced Process Solutions segment designs, engineers, manufactures, markets, and services process and material handling equipment and systems comprising compounding, extrusion, and material handling equipment, equipment system design services, as well as offers mixing technology, ingredient automation, and portion process; and provides screening and separating equipment for various industries, including plastics, food and pharmaceuticals, chemicals, fertilizers, minerals, energy, wastewater treatment, forest products, and other general industrials.