Hillenbrand, Inc. (NYSE:HI) Shares Sold by Sapient Capital LLC

Sapient Capital LLC lowered its position in shares of Hillenbrand, Inc. (NYSE:HI) by 5.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,535 shares of the company’s stock after selling 1,225 shares during the period. Sapient Capital LLC’s holdings in Hillenbrand were worth $1,033,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. GoalVest Advisory LLC acquired a new position in shares of Hillenbrand during the fourth quarter worth $37,000. Transcendent Capital Group LLC acquired a new position in shares of Hillenbrand during the fourth quarter worth $63,000. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Hillenbrand during the fourth quarter worth $203,000. Xponance Inc. acquired a new position in shares of Hillenbrand during the fourth quarter worth $204,000. Finally, Mackenzie Financial Corp acquired a new position in shares of Hillenbrand during the fourth quarter worth $217,000. Institutional investors and hedge funds own 89.09% of the company’s stock.

Insider Activity at Hillenbrand

In related news, CEO Kimberly K. Ryan purchased 5,600 shares of Hillenbrand stock in a transaction that occurred on Friday, February 9th. The stock was purchased at an average cost of $44.94 per share, with a total value of $251,664.00. Following the completion of the transaction, the chief executive officer now directly owns 133,604 shares in the company, valued at $6,004,163.76. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Hillenbrand news, CEO Kimberly K. Ryan bought 5,600 shares of Hillenbrand stock in a transaction dated Friday, February 9th. The stock was acquired at an average cost of $44.94 per share, with a total value of $251,664.00. Following the completion of the acquisition, the chief executive officer now owns 133,604 shares of the company’s stock, valued at $6,004,163.76. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Nicholas R. Farrell sold 8,542 shares of the company’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $47.02, for a total transaction of $401,644.84. Following the completion of the sale, the vice president now directly owns 41,951 shares of the company’s stock, valued at $1,972,536.02. The disclosure for this sale can be found here. 1.80% of the stock is owned by corporate insiders.

Hillenbrand Stock Performance

HI traded down $1.81 on Tuesday, reaching $47.67. The company had a trading volume of 313,838 shares, compared to its average volume of 283,813. Hillenbrand, Inc. has a 1 year low of $37.19 and a 1 year high of $53.76. The stock has a market capitalization of $3.34 billion, a PE ratio of 6.17 and a beta of 1.49. The company has a quick ratio of 0.79, a current ratio of 1.28 and a debt-to-equity ratio of 1.18. The stock has a 50-day moving average price of $48.19 and a 200-day moving average price of $44.80.

Hillenbrand (NYSE:HI) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.01. Hillenbrand had a net margin of 18.39% and a return on equity of 14.65%. The firm had revenue of $773.30 million during the quarter, compared to analysts’ expectations of $776.40 million. As a group, research analysts forecast that Hillenbrand, Inc. will post 3.72 EPS for the current fiscal year.

Hillenbrand Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a $0.222 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.89 dividend on an annualized basis and a yield of 1.86%. Hillenbrand’s dividend payout ratio (DPR) is presently 11.53%.

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.