Hillenbrand (NYSE:HI) Reaches New 1-Year Low – Should You Sell?

Hillenbrand, Inc. (NYSE:HI)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as $18.36 and last traded at $18.58, with a volume of 19164 shares traded. The stock had previously closed at $19.99.

Analyst Ratings Changes

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

Hillenbrand Price Performance

The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of -6.18 and a beta of 1.46. The company has a current ratio of 1.34, a quick ratio of 0.86 and a debt-to-equity ratio of 1.33. The company has a 50 day moving average price of $28.33 and a 200 day moving average price of $29.84.

Hillenbrand (NYSE:HI) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.02. Hillenbrand had a positive return on equity of 15.00% and a negative net margin of 7.12%. During the same period last year, the business earned $0.69 earnings per share. As a group, equities research analysts forecast that Hillenbrand, Inc. will post 2.53 earnings per share for the current year.

Hillenbrand Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $0.225 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.90 annualized dividend and a yield of 4.64%. Hillenbrand’s dividend payout ratio is currently -28.66%.

Institutional Trading of Hillenbrand

Institutional investors and hedge funds have recently made changes to their positions in the business. R Squared Ltd bought a new position in shares of Hillenbrand in the 4th quarter worth $27,000. YANKCOM Partnership acquired a new position in Hillenbrand in the fourth quarter valued at about $30,000. GAMMA Investing LLC boosted its holdings in Hillenbrand by 107.5% during the fourth quarter. GAMMA Investing LLC now owns 1,185 shares of the company’s stock worth $36,000 after buying an additional 614 shares during the last quarter. Point72 Hong Kong Ltd acquired a new position in shares of Hillenbrand during the 4th quarter worth about $42,000. Finally, Sterling Capital Management LLC increased its stake in shares of Hillenbrand by 712.8% in the 4th quarter. Sterling Capital Management LLC now owns 1,520 shares of the company’s stock valued at $47,000 after acquiring an additional 1,333 shares during the last quarter. Institutional investors own 89.09% of the company’s stock.

Hillenbrand Company 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.