Leo Kulmaczewski Buys 300 Shares of Hillenbrand, Inc. (NYSE:HI) Stock

Hillenbrand, Inc. (NYSE:HI) VP Leo Kulmaczewski bought 300 shares of the business’s stock in a transaction on Monday, May 6th. The stock was acquired at an average cost of $42.73 per share, for a total transaction of $12,819.00. Following the acquisition, the vice president now directly owns 2,186 shares of the company’s stock, valued at $93,407.78. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Leo Kulmaczewski also recently made the following trade(s):

• On Friday, May 3rd, Leo Kulmaczewski acquired 900 shares of Hillenbrand stock. The shares were bought at an average price of $42.10 per share, for a total transaction of $37,890.00.

Hillenbrand Stock Up 0.7 %

HI stock opened at $45.33 on Thursday. The firm’s 50-day moving average is $47.78 and its two-hundred day moving average is $44.93. The company has a current ratio of 1.34, a quick ratio of 0.86 and a debt-to-equity ratio of 1.24. The company has a market capitalization of $3.18 billion, a price-to-earnings ratio of 37.46 and a beta of 1.49. Hillenbrand, Inc. has a 52 week low of $37.19 and a 52 week high of $53.76.

Hillenbrand (NYSE:HI) last released its earnings results on Tuesday, April 30th. The company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.01. The firm had revenue of $785.30 million during the quarter, compared to the consensus estimate of $801.55 million. Hillenbrand had a return on equity of 14.75% and a net margin of 2.79%. The firm’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.74 earnings per share. On average, analysts forecast that Hillenbrand, Inc. will post 3.57 earnings per share for the current fiscal year.

Hillenbrand Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a dividend of $0.222 per share. This represents a $0.89 annualized dividend and a yield of 1.96%. The ex-dividend date was Thursday, March 14th. Hillenbrand’s payout ratio is 73.55%.

Hedge Funds Weigh In On Hillenbrand

Several institutional investors and hedge funds have recently bought and sold shares of the business. GoalVest Advisory LLC acquired a new position in Hillenbrand in the fourth quarter worth approximately $37,000. Transcendent Capital Group LLC bought a new stake in Hillenbrand in the fourth quarter worth approximately $63,000. Greenleaf Trust acquired a new position in shares of Hillenbrand during the 1st quarter worth $200,000. Avantax Planning Partners Inc. acquired a new stake in shares of Hillenbrand in the 3rd quarter valued at $202,000. Finally, Vanguard Personalized Indexing Management LLC bought a new stake in Hillenbrand in the fourth quarter worth $203,000. Hedge funds and other institutional investors own 89.09% of the company’s stock.

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.