Advantus Capital Management Inc boosted its stake in shares of Hill-Rom Holdings Inc (NYSE:HRC) by 10.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,330 shares of the company’s stock after acquiring an additional 816 shares during the quarter. Advantus Capital Management Inc owned 12,644.20% of Hill-Rom Holdings worth $616,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in the business. BlackRock Inc. raised its stake in Hill-Rom Holdings by 3.1% during the second quarter. BlackRock Inc. now owns 5,226,138 shares of the company’s stock worth $416,053,000 after acquiring an additional 159,074 shares in the last quarter. State Street Corp grew its holdings in shares of Hill-Rom Holdings by 2.7% during the second quarter. State Street Corp now owns 1,681,107 shares of the company’s stock worth $133,831,000 after purchasing an additional 43,645 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Hill-Rom Holdings by 53.0% during the second quarter. Bank of New York Mellon Corp now owns 1,235,608 shares of the company’s stock worth $98,367,000 after purchasing an additional 427,888 shares during the last quarter. Koch Industries Inc. bought a new stake in shares of Hill-Rom Holdings during the second quarter worth $1,007,000. Finally, Rothschild Asset Management Inc. grew its holdings in shares of Hill-Rom Holdings by 13.0% during the second quarter. Rothschild Asset Management Inc. now owns 798,512 shares of the company’s stock worth $63,570,000 after purchasing an additional 91,996 shares during the last quarter. Hedge funds and other institutional investors own 81.92% of the company’s stock.
In related news, SVP Andreas G. Frank sold 6,870 shares of Hill-Rom Holdings stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of C$77.48, for a total value of C$532,287.60. Following the sale, the senior vice president now owns 16,701 shares of the company’s stock, valued at approximately C$1,293,993.48. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Andreas G. Frank sold 3,940 shares of Hill-Rom Holdings stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of C$77.84, for a total value of C$306,689.60. Following the completion of the sale, the senior vice president now directly owns 16,701 shares in the company, valued at approximately C$1,300,005.84. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by company insiders.
Shares of Hill-Rom Holdings Inc (HRC) opened at C$76.18 on Friday. The company has a market capitalization of $5,018.81, a PE ratio of 19.74, a PEG ratio of 1.62 and a beta of 1.19. The company has a current ratio of 1.77, a quick ratio of 1.34 and a debt-to-equity ratio of 1.55. Hill-Rom Holdings Inc has a 1 year low of C$52.58 and a 1 year high of C$84.65.
Hill-Rom Holdings (NYSE:HRC) last announced its earnings results on Friday, November 3rd. The company reported C$1.32 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of C$1.27 by C$0.05. Hill-Rom Holdings had a return on equity of 20.27% and a net margin of 4.87%. The business had revenue of C$738.30 million for the quarter, compared to analyst estimates of C$731.10 million. During the same quarter last year, the firm earned $1.18 EPS. Hill-Rom Holdings’s revenue for the quarter was up 4.6% compared to the same quarter last year. research analysts forecast that Hill-Rom Holdings Inc will post 4.26 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend is Thursday, December 14th. Hill-Rom Holdings’s dividend payout ratio is presently 36.18%.
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Several analysts have recently commented on HRC shares. BidaskClub cut Hill-Rom Holdings from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Zacks Investment Research upgraded Hill-Rom Holdings from a “sell” rating to a “hold” rating in a report on Thursday, August 24th. Stifel Nicolaus reiterated a “buy” rating and issued a $84.00 price target on shares of Hill-Rom Holdings in a report on Sunday, July 30th. Cantor Fitzgerald set a $86.00 price target on Hill-Rom Holdings and gave the company a “hold” rating in a report on Friday, July 28th. Finally, KeyCorp restated a “buy” rating and set a $82.00 target price on shares of Hill-Rom Holdings in a report on Tuesday, October 17th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of C$88.57.
Hill-Rom Holdings Profile
Hill-Rom Holdings, Inc is a global medical technology company. The Company operates through four segments: North America Patient Support Systems, International Patient Support Systems, Front Line Care and Surgical Solutions. The Company’s products and services include Patient Support Systems, Front Line Care and Surgical Solutions.
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