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

Hillenbrand, Inc. (NYSE:HI) VP Leo Kulmaczewski acquired 300 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The shares were bought at an average price of $42.73 per share, with a total value of $12,819.00. Following the transaction, the vice president now owns 2,186 shares in the company, valued at approximately $93,407.78. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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 cost of $42.10 per share, with a total value of $37,890.00.

Hillenbrand Price Performance

HI stock opened at $45.02 on Wednesday. The company has a market cap of $3.16 billion, a PE ratio of 37.21 and a beta of 1.49. 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 stock has a 50-day moving average price of $47.81 and a two-hundred day moving average price of $44.93. Hillenbrand, Inc. has a 12-month low of $37.19 and a 12-month high of $53.76.

Hillenbrand (NYSE:HI) last announced its quarterly earnings results on Tuesday, April 30th. The company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.01. The firm had revenue of $785.30 million for the quarter, compared to analysts’ expectations of $801.55 million. Hillenbrand had a net margin of 2.79% and a return on equity of 14.75%. Hillenbrand’s revenue was up 13.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.74 earnings per share. As a group, research analysts predict that Hillenbrand, Inc. will post 3.57 EPS for the current 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 dividend of $0.222 per share. This represents a $0.89 annualized dividend and a yield of 1.97%. The ex-dividend date was Thursday, March 14th. Hillenbrand’s dividend payout ratio (DPR) is presently 73.55%.

Institutional Trading of Hillenbrand

Large investors have recently bought and sold shares of the company. GoalVest Advisory LLC purchased a new position in shares of Hillenbrand in the fourth quarter valued at $37,000. Transcendent Capital Group LLC acquired a new stake in shares of Hillenbrand during the fourth quarter valued at about $63,000. Greenleaf Trust purchased a new stake in shares of Hillenbrand during the first quarter worth about $200,000. Avantax Planning Partners Inc. acquired a new position in shares of Hillenbrand in the third quarter worth about $202,000. Finally, Vanguard Personalized Indexing Management LLC purchased a new position in Hillenbrand in the fourth quarter valued at about $203,000. Institutional investors and hedge funds own 89.09% of the company’s stock.

Hillenbrand Company 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.