Public Employees Retirement System of Ohio Has $3.10 Million Stake in Hill-Rom Holdings Inc (HRC)

Public Employees Retirement System of Ohio decreased its position in Hill-Rom Holdings Inc (NYSE:HRC) by 1.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,987 shares of the medical technology company’s stock after selling 432 shares during the period. Public Employees Retirement System of Ohio owned about 0.06% of Hill-Rom Holdings worth $3,104,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. BlackRock Inc. boosted its holdings in shares of Hill-Rom Holdings by 3.1% in the second quarter. BlackRock Inc. now owns 5,226,138 shares of the medical technology company’s stock valued at $416,053,000 after acquiring an additional 159,074 shares in the last quarter. State Street Corp boosted its holdings in shares of Hill-Rom Holdings by 2.7% in the second quarter. State Street Corp now owns 1,681,107 shares of the medical technology company’s stock valued at $133,831,000 after acquiring an additional 43,645 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Hill-Rom Holdings by 53.0% in the second quarter. Bank of New York Mellon Corp now owns 1,235,608 shares of the medical technology company’s stock valued at $98,367,000 after acquiring an additional 427,888 shares in the last quarter. Koch Industries Inc. purchased a new stake in shares of Hill-Rom Holdings in the second quarter valued at about $1,007,000. Finally, Bank of Montreal Can boosted its holdings in shares of Hill-Rom Holdings by 2.1% in the second quarter. Bank of Montreal Can now owns 1,007,525 shares of the medical technology company’s stock valued at $80,206,000 after acquiring an additional 20,495 shares in the last quarter. 82.44% of the stock is currently owned by institutional investors and hedge funds.

HRC has been the topic of several analyst reports. Zacks Investment Research downgraded shares of Hill-Rom Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. BidaskClub downgraded shares of Hill-Rom Holdings from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Needham & Company LLC reduced their price objective on shares of Hill-Rom Holdings from $95.00 to $93.00 and set a “buy” rating for the company in a research note on Friday, July 28th. Cantor Fitzgerald set a $86.00 price objective on shares of Hill-Rom Holdings and gave the company a “hold” rating in a research note on Friday, July 28th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $84.00 price objective on shares of Hill-Rom Holdings in a research note on Sunday, July 30th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $87.29.

In other news, SVP Andreas G. Frank sold 6,870 shares of the firm’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $77.48, for a total transaction of $532,287.60. Following the completion of the transaction, the senior vice president now owns 16,701 shares in the company, valued at approximately $1,293,993.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Andreas G. Frank sold 3,940 shares of the firm’s stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $77.84, for a total transaction of $306,689.60. Following the transaction, the senior vice president now owns 16,701 shares of the company’s stock, valued at approximately $1,300,005.84. The disclosure for this sale can be found here. Company insiders own 2.20% of the company’s stock.

Hill-Rom Holdings Inc (NYSE HRC) opened at 80.46 on Monday. Hill-Rom Holdings Inc has a 12 month low of $50.50 and a 12 month high of $84.65. The firm has a market cap of $5.30 billion, a PE ratio of 46.89 and a beta of 1.19. The firm’s 50-day moving average is $76.89 and its 200-day moving average is $76.82.

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

TRADEMARK VIOLATION NOTICE: This report was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this report on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The correct version of this report can be viewed at https://www.com-unik.info/2017/10/30/public-employees-retirement-system-of-ohio-has-3-10-million-stake-in-hill-rom-holdings-inc-hrc.html.

About Hill-Rom Holdings

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)

What are top analysts saying about Hill-Rom Holdings Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Hill-Rom Holdings Inc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit