Ajo LP reduced its stake in Hill-Rom Holdings Inc (NYSE:HRC) by 2.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,768 shares of the medical technology company’s stock after selling 866 shares during the quarter. Ajo LP owned about 0.05% of Hill-Rom Holdings worth $2,688,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in HRC. Teacher Retirement System of Texas raised its stake in shares of Hill-Rom Holdings by 0.3% during the second quarter. Teacher Retirement System of Texas now owns 5,194 shares of the medical technology company’s stock worth $413,000 after acquiring an additional 14 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Hill-Rom Holdings by 0.5% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,734 shares of the medical technology company’s stock worth $695,000 after acquiring an additional 46 shares in the last quarter. Meadow Creek Investment Management LLC raised its stake in shares of Hill-Rom Holdings by 3.9% during the first quarter. Meadow Creek Investment Management LLC now owns 1,696 shares of the medical technology company’s stock worth $120,000 after acquiring an additional 64 shares in the last quarter. Neuburgh Advisers LLC raised its stake in shares of Hill-Rom Holdings by 3.9% during the first quarter. Neuburgh Advisers LLC now owns 2,332 shares of the medical technology company’s stock worth $165,000 after acquiring an additional 88 shares in the last quarter. Finally, Utah Retirement Systems raised its stake in shares of Hill-Rom Holdings by 0.8% during the second quarter. Utah Retirement Systems now owns 12,013 shares of the medical technology company’s stock worth $956,000 after acquiring an additional 100 shares in the last quarter. 82.31% of the stock is currently owned by institutional investors and hedge funds.

Shares of Hill-Rom Holdings Inc (HRC) opened at 75.18 on Tuesday. The company has a 50-day moving average of $75.31 and a 200 day moving average of $75.30. Hill-Rom Holdings Inc has a 12-month low of $50.50 and a 12-month high of $84.65. The company has a market cap of $4.95 billion, a PE ratio of 43.81 and a beta of 1.21.

Hill-Rom Holdings (NYSE:HRC) last posted its quarterly earnings results on Friday, July 28th. The medical technology company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.01. Hill-Rom Holdings had a return on equity of 19.99% and a net margin of 4.27%. The business had revenue of $689.10 million for the quarter, compared to the consensus estimate of $695.50 million. During the same quarter in the prior year, the company earned $0.81 EPS. The business’s revenue was up 5.1% compared to the same quarter last year. On average, equities research analysts expect that Hill-Rom Holdings Inc will post $3.82 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date is Thursday, September 14th. Hill-Rom Holdings’s payout ratio is 41.62%.

In related news, SVP Andreas G. Frank sold 3,940 shares of the firm’s stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $77.84, for a total transaction of $306,689.60. Following the sale, the senior vice president now owns 16,701 shares of the company’s stock, valued at $1,300,005.84. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Andreas G. Frank sold 6,870 shares of Hill-Rom Holdings stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $77.48, for a total value of $532,287.60. Following the transaction, the senior vice president now owns 16,701 shares of the company’s stock, valued at $1,293,993.48. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by corporate insiders.

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HRC has been the topic of several research reports. ValuEngine raised shares of Hill-Rom Holdings from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Zacks Investment Research cut shares of Hill-Rom Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, May 31st. Morgan Stanley raised their target price on shares of Hill-Rom Holdings from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday, June 30th. BidaskClub cut shares of Hill-Rom Holdings from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Finally, Barclays PLC raised their target price on shares of Hill-Rom Holdings from $80.00 to $86.00 and gave the stock an “overweight” rating in a report on Friday, June 9th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Hill-Rom Holdings presently has an average rating of “Buy” and an average target price of $88.17.

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.

Institutional Ownership by Quarter for Hill-Rom Holdings (NYSE:HRC)

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