Cipher Capital LP Takes Position in Hill-Rom Holdings, Inc. (HRC)

Cipher Capital LP purchased a new position in Hill-Rom Holdings, Inc. (NYSE:HRC) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 45,253 shares of the medical technology company’s stock, valued at approximately $4,007,000.

Other large investors have also modified their holdings of the company. Financial Gravity Companies Inc. acquired a new position in Hill-Rom in the 4th quarter worth approximately $48,000. IMS Capital Management acquired a new position in Hill-Rom in the 3rd quarter worth approximately $71,000. Captrust Financial Advisors increased its holdings in Hill-Rom by 166.3% in the 4th quarter. Captrust Financial Advisors now owns 783 shares of the medical technology company’s stock worth $69,000 after buying an additional 489 shares during the period. Bronfman E.L. Rothschild L.P. increased its holdings in Hill-Rom by 47.7% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 907 shares of the medical technology company’s stock worth $80,000 after buying an additional 293 shares during the period. Finally, We Are One Seven LLC acquired a new position in Hill-Rom in the 4th quarter worth approximately $93,000. Institutional investors own 84.19% of the company’s stock.

Several equities analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Hill-Rom from a “buy” rating to a “hold” rating in a report on Tuesday, November 20th. ValuEngine downgraded shares of Hill-Rom from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $116.00 price target on shares of Hill-Rom in a report on Monday, March 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $103.78.

Shares of NYSE HRC opened at $104.41 on Wednesday. The company has a market cap of $6.89 billion, a PE ratio of 21.98, a PEG ratio of 1.78 and a beta of 0.96. Hill-Rom Holdings, Inc. has a 12 month low of $81.82 and a 12 month high of $108.10. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.25 and a current ratio of 1.70.

Hill-Rom (NYSE:HRC) last issued its quarterly earnings data on Friday, January 25th. The medical technology company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.04. The business had revenue of $683.50 million for the quarter, compared to analysts’ expectations of $676.39 million. Hill-Rom had a net margin of 7.21% and a return on equity of 21.23%. The business’s revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the company earned $0.92 EPS. As a group, analysts forecast that Hill-Rom Holdings, Inc. will post 5.04 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 22nd will be paid a dividend of $0.21 per share. This is a boost from Hill-Rom’s previous quarterly dividend of $0.20. The ex-dividend date is Thursday, March 21st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.80%. Hill-Rom’s dividend payout ratio (DPR) is presently 16.84%.

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

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