Insider Selling: Hill-Rom Holdings, Inc. (HRC) SVP Sells 15,000 Shares of Stock
Hill-Rom Holdings, Inc. (NYSE:HRC) SVP Alton Shader sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, March 16th. The shares were sold at an average price of $69.34, for a total transaction of $1,040,100.00. Following the sale, the senior vice president now owns 52,638 shares in the company, valued at $3,649,918.92. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of Hill-Rom Holdings, Inc. (NYSE:HRC) traded down 0.31% during trading on Monday, hitting $69.85. 544,601 shares of the stock were exchanged. The firm has a 50 day moving average of $64.16 and a 200-day moving average of $59.40. The stock has a market cap of $4.56 billion, a PE ratio of 32.53 and a beta of 1.20. Hill-Rom Holdings, Inc. has a 52-week low of $46.13 and a 52-week high of $70.30.
Hill-Rom Holdings (NYSE:HRC) last posted its quarterly earnings results on Friday, January 27th. The medical technology company reported $0.75 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.75. The firm had revenue of $637.40 million for the quarter, compared to analysts’ expectations of $654.12 million. Hill-Rom Holdings had a net margin of 5.44% and a return on equity of 19.12%. The business’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.68 earnings per share. Equities research analysts anticipate that Hill-Rom Holdings, Inc. will post $3.81 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 31st. Investors of record on Friday, March 24th will be paid a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, March 22nd. This is a positive change from Hill-Rom Holdings’s previous quarterly dividend of $0.17. This represents a $0.72 dividend on an annualized basis and a yield of 1.03%. Hill-Rom Holdings’s dividend payout ratio is 31.78%.
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Hedge funds have recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale acquired a new stake in Hill-Rom Holdings during the third quarter worth $106,000. Acrospire Investment Management LLC acquired a new stake in Hill-Rom Holdings during the third quarter worth $117,000. Tyers Asset Management LLC acquired a new stake in Hill-Rom Holdings during the fourth quarter worth $160,000. Investment Counselors of Maryland LLC raised its stake in Hill-Rom Holdings by 15.4% in the third quarter. Investment Counselors of Maryland LLC now owns 2,830 shares of the medical technology company’s stock worth $175,000 after buying an additional 377 shares during the period. Finally, Partner Investment Management L.P. acquired a new stake in Hill-Rom Holdings during the third quarter worth $178,000. 83.53% of the stock is owned by institutional investors.
A number of analysts recently commented on HRC shares. Stifel Nicolaus started coverage on shares of Hill-Rom Holdings in a research note on Monday, January 23rd. They set a “buy” rating and a $70.00 price target on the stock. Zacks Investment Research cut shares of Hill-Rom Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, February 28th. Finally, Barclays PLC started coverage on shares of Hill-Rom Holdings in a research note on Wednesday, February 8th. They issued an “overweight” rating and a $70.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Hill-Rom Holdings currently has an average rating of “Buy” and a consensus price target of $65.14.
Hill-Rom Holdings Company 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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