November 24, 2016 - By Nellie Frank
Hillenbrand Inc President and CEO Joe Raver on the 23/11/2016 unloaded a total of 41,806 shares of the public firm valued by the market at roughly $1,472,641 US Dollars. This is based on an average price-per-share of $35.2 US Dollars. Currently, Joe Raver has in hand 65,428 shares or 0.10% of the company’s market capitalization.
Insitutional Activity: The institutional sentiment increased to 1.58 in 2016 Q2. Its up 0.49, from 1.09 in 2016Q1. The ratio increased, as 16 funds sold all Hillenbrand, Inc. shares owned while 60 reduced positions. 20 funds bought stakes while 63 increased positions. They now own 48.34 million shares or 1.02% less from 48.84 million shares in 2016Q1.
Gradient Invests Limited Liability Com has invested 0% of its portfolio in Hillenbrand, Inc. (NYSE:HI). Susquehanna Intl Gp Limited Liability Partnership accumulated 40,816 shares or 0% of the stock. Millennium Mngmt Ltd Liability Corp reported 66,014 shares or 0% of all its holdings. Ameriprise Fincl Inc holds 0.01% or 306,218 shares in its portfolio. Bahl & Gaynor has 0.02% invested in the company for 43,073 shares. Thrivent Financial For Lutherans holds 0% of its portfolio in Hillenbrand, Inc. (NYSE:HI) for 30,660 shares. Quantbot L P has invested 0.01% of its portfolio in Hillenbrand, Inc. (NYSE:HI). Citadel Advisors Ltd Liability reported 41,322 shares or 0% of all its holdings. Eaton Vance, a Massachusetts-based fund reported 33,180 shares. Security Savings Bank Of Sioux City Iowa Ia reported 27,414 shares or 0.93% of all its holdings. Legal General Group Public Lc owns 18,669 shares or 0% of their US portfolio. Moreover, Credit Suisse Ag has 0% invested in Hillenbrand, Inc. (NYSE:HI) for 81,859 shares. Voya Inv Limited Liability Company has invested 0% of its portfolio in Hillenbrand, Inc. (NYSE:HI). The New York-based Citigroup has invested 0% in Hillenbrand, Inc. (NYSE:HI). Teachers Advsr last reported 0% of its portfolio in the stock.
Insider Transactions: Since May 27, 2016, the stock had 0 buys, and 6 selling transactions for $5.68 million net activity. $980,425 worth of Hillenbrand, Inc. (NYSE:HI) was sold by Raver Joe Anthony. 6,504 shares were sold by TRAINOR CHRISTOPHER H, worth $208,128. On Tuesday, July 12 the insider BOHMAN DIANE R sold $306,432. Another trade for 4,765 shares valued at $166,299 was sold by RYAN KIMBERLY K.
About 321,164 shares traded hands or 42.67% up from the average. Hillenbrand, Inc. (NYSE:HI) has risen 19.37% since April 21, 2016 and is uptrending. It has outperformed by 14.04% the S&P500.
Hillenbrand, Inc. is a global diversified industrial firm that makes and sells business-to-business services and products for a variety of industries. The company has a market cap of $2.34 billion. The Firm has two divisions: the Process Equipment Group and Batesville. It has a 20.48 P/E ratio. The Process Equipment Group has multiple brands of process and material handling equipment and systems serving a variety of industries worldwide.
According to Zacks Investment Research, “HILLENBRAND, INC. is the holding company for Batesville Casket Company, a leader in the North American death care industry through the sale of funeral services products, including burial caskets, cremation caskets, containers and urns, selection room display fixturing and other personalization and memorialization products.”
Analysts await Hillenbrand, Inc. (NYSE:HI) to report earnings on February, 7.
More news for Hillenbrand, Inc. (NYSE:HI) were recently published by: Marketwatch.com, which released: “Hillenbrand downgraded to neutral from long-term buy at Hilliard Lyons” on October 25, 2010. Prnewswire.com‘s article titled: “Hillenbrand Reports Fourth Quarter and Fiscal Year 2016 Results and Issues ..” and published on November 16, 2016 is yet another important article.
Hillenbrand, Inc. (Hillenbrand), incorporated on November 1, 2007, is a global diversified industrial firm that makes and sells business-to-business services and products for a wide variety of industries. The Firm has two divisions: the Process Equipment Group and Batesville.
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By Nellie Frank