American International Group Inc. raised its position in shares of Hill-Rom Holdings Inc (NYSE:HRC) by 9.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 134,779 shares of the medical technology company’s stock after purchasing an additional 12,114 shares during the period. American International Group Inc. owned 0.20% of Hill-Rom worth $9,974,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Sivik Global Healthcare LLC grew its holdings in Hill-Rom by 25.0% during the third quarter. Sivik Global Healthcare LLC now owns 50,000 shares of the medical technology company’s stock valued at $3,700,000 after purchasing an additional 10,000 shares during the period. Olstein Capital Management L.P. lifted its position in shares of Hill-Rom by 22.9% during the third quarter. Olstein Capital Management L.P. now owns 88,780 shares of the medical technology company’s stock worth $6,570,000 after acquiring an additional 16,540 shares in the last quarter. ING Groep NV lifted its position in shares of Hill-Rom by 10.8% during the third quarter. ING Groep NV now owns 8,069 shares of the medical technology company’s stock worth $597,000 after acquiring an additional 788 shares in the last quarter. Icon Advisers Inc. Co. purchased a new stake in shares of Hill-Rom during the third quarter worth $429,000. Finally, Yorktown Management & Research Co Inc purchased a new stake in shares of Hill-Rom during the third quarter worth $266,000. 82.30% of the stock is owned by institutional investors and hedge funds.

Shares of Hill-Rom Holdings Inc (HRC) traded down $0.09 during mid-day trading on Wednesday, hitting $83.91. The company had a trading volume of 453,900 shares, compared to its average volume of 509,495. The company has a quick ratio of 1.34, a current ratio of 1.77 and a debt-to-equity ratio of 1.55. Hill-Rom Holdings Inc has a one year low of $52.58 and a one year high of $84.65. The stock has a market capitalization of $5,500.00, a P/E ratio of 21.64, a PEG ratio of 1.78 and a beta of 1.19.

Hill-Rom (NYSE:HRC) last issued its quarterly earnings data on Friday, November 3rd. The medical technology company reported $1.32 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.27 by $0.05. Hill-Rom had a return on equity of 20.27% and a net margin of 4.87%. The company had revenue of $738.30 million for the quarter, compared to the consensus estimate of $731.10 million. During the same quarter last year, the business posted $1.18 earnings per share. The firm’s revenue was up 4.6% compared to the same quarter last year. sell-side analysts predict that Hill-Rom Holdings Inc will post 4.26 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be given a $0.18 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.86%. Hill-Rom’s dividend payout ratio (DPR) is presently 36.18%.

In related news, SVP Andreas G. Frank sold 3,940 shares of the stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $77.84, for a total value of $306,689.60. Following the sale, the senior vice president now owns 16,701 shares in the company, valued at $1,300,005.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Andreas G. Frank sold 6,870 shares of the stock in a transaction on Thursday, September 14th. The stock was 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 owns 16,701 shares in the company, valued at approximately $1,293,993.48. The disclosure for this sale can be found here. Company insiders own 2.20% of the company’s stock.

Several research firms have issued reports on HRC. Stifel Nicolaus restated a “buy” rating and set a $92.00 target price on shares of Hill-Rom in a research report on Wednesday. Bank of America restated a “hold” rating on shares of Hill-Rom in a research report on Wednesday, November 22nd. Zacks Investment Research upgraded Hill-Rom from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. ValuEngine upgraded Hill-Rom from a “hold” rating to a “buy” rating in a research report on Thursday, November 16th. Finally, KeyCorp restated a “buy” rating and set a $82.00 target price on shares of Hill-Rom in a research report on Tuesday, October 17th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $89.57.

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

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