Hill-Rom Holdings, Inc. (HRC) SVP Andreas G. Frank Sells 7,454 Shares

Hill-Rom Holdings, Inc. (NYSE:HRC) SVP Andreas G. Frank sold 7,454 shares of the firm’s stock in a transaction dated Wednesday, November 28th. The stock was sold at an average price of $95.76, for a total value of $713,795.04. Following the transaction, the senior vice president now directly owns 27,224 shares in the company, valued at approximately $2,606,970.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of NYSE HRC traded down $0.02 during midday trading on Friday, reaching $97.05. 34,627 shares of the company were exchanged, compared to its average volume of 562,867. The company has a quick ratio of 1.30, a current ratio of 1.74 and a debt-to-equity ratio of 1.11. Hill-Rom Holdings, Inc. has a 1 year low of $78.16 and a 1 year high of $98.96. The firm has a market cap of $6.50 billion, a P/E ratio of 20.43, a P/E/G ratio of 1.35 and a beta of 0.90.

Hill-Rom (NYSE:HRC) last released its quarterly earnings results on Friday, November 2nd. The medical technology company reported $1.63 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.51 by $0.12. Hill-Rom had a return on equity of 21.10% and a net margin of 8.86%. The firm had revenue of $759.20 million for the quarter, compared to analyst estimates of $750.90 million. During the same quarter last year, the company posted $1.32 earnings per share. The business’s revenue was up 2.8% on a year-over-year basis. As a group, analysts anticipate that Hill-Rom Holdings, Inc. will post 5.13 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 31st. Investors of record on Friday, December 14th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date of this dividend is Thursday, December 13th. Hill-Rom’s dividend payout ratio is currently 16.84%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HRC. Flagship Harbor Advisors LLC purchased a new position in shares of Hill-Rom during the second quarter worth about $173,000. Quantbot Technologies LP boosted its holdings in Hill-Rom by 270.2% in the 3rd quarter. Quantbot Technologies LP now owns 2,051 shares of the medical technology company’s stock valued at $193,000 after purchasing an additional 1,497 shares in the last quarter. First Light Asset Management LLC purchased a new stake in Hill-Rom in the 3rd quarter valued at approximately $202,000. CIBC Asset Management Inc purchased a new stake in Hill-Rom in the 2nd quarter valued at approximately $203,000. Finally, CAPROCK Group Inc. purchased a new stake in Hill-Rom in the 3rd quarter valued at approximately $211,000. 79.75% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have issued reports on the company. Zacks Investment Research raised Hill-Rom from a “hold” rating to a “buy” rating and set a $105.00 price objective on the stock in a report on Wednesday. UBS Group assumed coverage on Hill-Rom in a report on Tuesday. They set a “buy” rating and a $115.00 price objective on the stock. ValuEngine raised Hill-Rom from a “hold” rating to a “buy” rating in a report on Tuesday, November 6th. Raymond James raised their price objective on Hill-Rom from $100.00 to $105.00 and gave the stock an “outperform” rating in a report on Monday, November 5th. Finally, Barclays began coverage on Hill-Rom in a report on Monday, October 15th. They set an “equal weight” rating and a $95.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Hill-Rom currently has a consensus rating of “Buy” and a consensus price target of $103.33.

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About Hill-Rom

Hill-Rom Holdings, Inc operates as a medical technology company worldwide. It operates in three segments: Patient Support Systems, Front Line Care, and Surgical Solutions. The company offers medical surgical beds, intensive care unit beds, and bariatric patient beds, lifts and other patient mobility devices, non-invasive therapeutic products and surfaces, and information technologies and software solutions; and medical equipment management services, as well as sells equipment service contracts for its capital equipment.

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