November 30, 2016 - By Vivian Park
William Canady, SR VP Corp Strat & Ind Prod of Hillenbrand Inc, in an insider trading deal unloaded 1,379 shares whose amount is estimated to be $49,612 at average stock price of $36.0. This big deal was completed on 30-11-2016 and is ready for use online on the SEC’s website. At present, William Canady owns 4,708 shares which are equivalent to around 0.01% of the Company’s total market cap.
Insitutional Activity: The institutional sentiment increased to 1.58 in 2016 Q2. Its up 0.49, from 1.09 in 2016Q1. The ratio improved, 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.
The Minnesota-based Ameriprise has invested 0.01% in Hillenbrand, Inc. (NYSE:HI). Fmr Lc reported 3.76 million shares or 0.02% of all its holdings. Victory Mngmt Inc accumulated 441,053 shares or 0.05% of the stock. California Public Employees Retirement System has 172,500 shares for 0.01% of their US portfolio. 1832 Asset Lp holds 1,429 shares or 0% of its portfolio. Jfs Wealth Advisors Ltd last reported 0.04% of its portfolio in the stock. Brandywine Global Investment Management Ltd Liability owns 272,298 shares or 0.06% of their US portfolio. Lingohr & Partner Asset Management Gmbh has 0.55% invested in the company for 18,000 shares. Alliancebernstein Limited Partnership last reported 96,029 shares in the company. Huntington Bank & Trust holds 0% of its portfolio in Hillenbrand, Inc. (NYSE:HI) for 4,000 shares. State Common Retirement Fund has 108,612 shares for 0% of their US portfolio. Credit Suisse Ag has 81,859 shares for 0% of their US portfolio. Mirador Capital Prtn Limited Partnership reported 26,670 shares or 0.84% of all its holdings. Bancorporation Of New York Mellon Corp, a New York-based fund reported 1.00 million shares. Fincl Counselors has 0.3% invested in the company for 166,264 shares.
Insider Transactions: Since June 30, 2016, the stock had 0 insider buys, and 6 insider sales for $5.68 million net activity. Another trade for 6,504 shares valued at $208,128 was made by TRAINOR CHRISTOPHER H on Tuesday, July 12. Shares for $1.47M were sold by Raver Joe Anthony on Monday, November 21. Shares for $3.40 million were sold by RYAN KIMBERLY K on Monday, November 21. Another trade for 4,000 shares valued at $120,000 was made by BOHMAN DIANE R on Thursday, June 30.
About 299,251 shares traded hands or 22.67% up from the average. Hillenbrand, Inc. (NYSE:HI) has risen 15.46% since April 27, 2016 and is uptrending. It has outperformed by 10.23% the S&P500.
Hillenbrand, Inc. is a diversified industrial firm with multiple brands that serve a range of industries across the globe. The company has a market cap of $2.17 billion. The Firm operates in two divisions: the Process Equipment Group and Batesville. It has a 19.8 P/E ratio. The Process Equipment Group businesses design, develop, manufacture and service engineered industrial equipment throughout the world.
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 Vivian Park