Advisory Research Inc. Has $608,000 Stock Holdings in Hillenbrand, Inc. (NYSE:HI)

Advisory Research Inc. lifted its position in Hillenbrand, Inc. (NYSE:HI) by 155.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,739 shares of the company’s stock after acquiring an additional 12,001 shares during the period. Advisory Research Inc.’s holdings in Hillenbrand were worth $608,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HI. R Squared Ltd bought a new stake in shares of Hillenbrand in the fourth quarter valued at about $27,000. YANKCOM Partnership acquired a new stake in Hillenbrand during the fourth quarter worth approximately $30,000. GAMMA Investing LLC increased its position in Hillenbrand by 107.5% during the 4th 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 period. Sterling Capital Management LLC boosted its stake in shares of Hillenbrand by 712.8% in the fourth quarter. Sterling Capital Management LLC now owns 1,520 shares of the company’s stock valued at $47,000 after buying an additional 1,333 shares during the period. Finally, Tompkins Financial Corp acquired a new position in Hillenbrand in the fourth quarter valued at about $54,000. 89.09% of the stock is owned by institutional investors.

Hillenbrand Stock Performance

NYSE:HI opened at $20.39 on Thursday. The stock’s 50-day moving average is $26.72 and its 200-day moving average is $29.54. The stock has a market cap of $1.44 billion, a P/E ratio of -6.49 and a beta of 1.46. Hillenbrand, Inc. has a 1-year low of $18.36 and a 1-year high of $49.95. The company has a current ratio of 1.34, a quick ratio of 0.86 and a debt-to-equity ratio of 1.33.

Hillenbrand (NYSE:HI) last announced its earnings results on Wednesday, February 5th. The company reported $0.56 EPS for the quarter, beating the consensus estimate 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 in the previous year, the firm earned $0.69 EPS. Equities research analysts anticipate that Hillenbrand, Inc. will post 2.53 earnings per share for the current year.

Hillenbrand Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 4.41%. The ex-dividend date of this dividend was Friday, March 14th. Hillenbrand’s dividend payout ratio (DPR) is presently -28.66%.

Analyst Upgrades and Downgrades

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

About Hillenbrand

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.