OneDigital Investment Advisors LLC Has $401,000 Stock Holdings in Hillenbrand, Inc. (NYSE:HI)

OneDigital Investment Advisors LLC trimmed its position in Hillenbrand, Inc. (NYSE:HI) by 21.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,032 shares of the company’s stock after selling 3,625 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Hillenbrand were worth $401,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of HI. Channing Capital Management LLC bought a new stake in Hillenbrand during the fourth quarter valued at about $20,648,000. Wilmington Savings Fund Society FSB bought a new stake in Hillenbrand during the third quarter valued at about $17,178,000. Raymond James Financial Inc. bought a new stake in Hillenbrand during the fourth quarter valued at about $7,782,000. Prudential Financial Inc. boosted its holdings in Hillenbrand by 211.3% during the fourth quarter. Prudential Financial Inc. now owns 233,645 shares of the company’s stock valued at $7,192,000 after acquiring an additional 158,597 shares during the period. Finally, New York State Common Retirement Fund boosted its holdings in Hillenbrand by 131.4% during the fourth quarter. New York State Common Retirement Fund now owns 279,045 shares of the company’s stock valued at $8,589,000 after acquiring an additional 158,464 shares during the period. 89.09% of the stock is owned by institutional investors.

Hillenbrand Stock Down 0.2 %

NYSE HI opened at $22.49 on Monday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.86 and a current ratio of 1.34. The firm has a 50-day simple moving average of $24.90 and a 200 day simple moving average of $29.31. Hillenbrand, Inc. has a twelve month low of $18.36 and a twelve month high of $49.95. The stock has a market cap of $1.58 billion, a PE ratio of -7.16 and a beta of 1.46.

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

Hillenbrand Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date of this dividend was Friday, March 14th. Hillenbrand’s payout ratio is -28.66%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of 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.