Nordea Investment Management AB lessened its position in shares of Hill-Rom Holdings Inc (NYSE:HRC) by 6.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,938 shares of the medical technology company’s stock after selling 1,543 shares during the quarter. Nordea Investment Management AB’s holdings in Hill-Rom Holdings were worth $1,906,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Teacher Retirement System of Texas lifted its holdings in shares of Hill-Rom Holdings by 0.3% in the 2nd quarter. Teacher Retirement System of Texas now owns 5,194 shares of the medical technology company’s stock valued at $413,000 after buying an additional 14 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Hill-Rom Holdings by 0.5% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,734 shares of the medical technology company’s stock valued at $695,000 after buying an additional 46 shares during the period. Utah Retirement Systems lifted its holdings in shares of Hill-Rom Holdings by 0.8% in the 2nd quarter. Utah Retirement Systems now owns 12,013 shares of the medical technology company’s stock valued at $956,000 after buying an additional 100 shares during the period. IFP Advisors Inc lifted its holdings in shares of Hill-Rom Holdings by 3.0% in the 2nd quarter. IFP Advisors Inc now owns 4,607 shares of the medical technology company’s stock valued at $367,000 after buying an additional 135 shares during the period. Finally, Capstone Asset Management Co. lifted its holdings in shares of Hill-Rom Holdings by 2.4% in the 2nd quarter. Capstone Asset Management Co. now owns 7,695 shares of the medical technology company’s stock valued at $613,000 after buying an additional 180 shares during the period. Institutional investors and hedge funds own 82.31% of the company’s stock.

Several equities analysts have recently issued reports on the company. Cantor Fitzgerald set a $86.00 price objective on Hill-Rom Holdings and gave the company a “hold” rating in a report on Friday, July 28th. Zacks Investment Research raised Hill-Rom Holdings from a “sell” rating to a “hold” rating in a report on Monday, September 18th. BidaskClub cut Hill-Rom Holdings from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Morgan Stanley upped their price target on Hill-Rom Holdings from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday, June 30th. Finally, Needham & Company LLC reduced their price target on Hill-Rom Holdings from $95.00 to $93.00 and set a “buy” rating for the company in a report on Friday, July 28th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $87.80.

Hill-Rom Holdings Inc (HRC) opened at 76.92 on Thursday. The company has a 50-day moving average price of $75.14 and a 200 day moving average price of $75.83. The stock has a market capitalization of $5.07 billion, a price-to-earnings ratio of 44.83 and a beta of 1.19. Hill-Rom Holdings Inc has a 12 month low of $50.50 and a 12 month high of $84.65.

Hill-Rom Holdings (NYSE:HRC) last released its earnings results on Friday, July 28th. The medical technology company reported $0.91 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.90 by $0.01. The firm had revenue of $689.10 million during the quarter, compared to analysts’ expectations of $695.50 million. Hill-Rom Holdings had a net margin of 4.27% and a return on equity of 19.99%. Hill-Rom Holdings’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.81 EPS. Equities analysts predict that Hill-Rom Holdings Inc will post $3.82 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were paid a $0.18 dividend. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.72 annualized dividend and a yield of 0.94%. Hill-Rom Holdings’s payout ratio is currently 41.62%.

COPYRIGHT VIOLATION NOTICE: “Hill-Rom Holdings Inc (HRC) Shares Sold by Nordea Investment Management AB” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another publication, it was illegally copied and republished in violation of US & international trademark & copyright law. The original version of this story can be read at https://www.thecerbatgem.com/2017/10/05/hill-rom-holdings-inc-hrc-shares-sold-by-nordea-investment-management-ab.html.

In other Hill-Rom Holdings news, 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 completion of the sale, the senior vice president now directly owns 16,701 shares of the company’s stock, valued at approximately $1,293,993.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Andreas G. Frank sold 3,940 shares of Hill-Rom Holdings stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $77.84, for a total transaction of $306,689.60. Following the completion of the sale, the senior vice president now directly owns 16,701 shares of the company’s stock, valued at $1,300,005.84. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by insiders.

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.

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

Receive News & Stock Ratings for Hill-Rom Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hill-Rom Holdings Inc and related stocks with our FREE daily email newsletter.