Is Hillenbrand, Inc. (HI)’s Fuel Running Low? The Stock Reaches 52-Week High Today

April 17, 2018 - By Richard Conner

Hillenbrand, Inc. (NYSE:HI) Logo

Investors sentiment increased to 1.54 in 2017 Q4. Its up 0.09, from 1.45 in 2017Q3. It is positive, as 11 investors sold Hillenbrand, Inc. shares while 65 reduced holdings. 44 funds opened positions while 73 raised stakes. 47.74 million shares or 0.00% more from 47.74 million shares in 2017Q3 were reported.
Raymond James Fin Ser Incorporated has invested 0% in Hillenbrand, Inc. (NYSE:HI). California Pub Employees Retirement has invested 0.01% in Hillenbrand, Inc. (NYSE:HI). Assetmark stated it has 0% of its portfolio in Hillenbrand, Inc. (NYSE:HI). Trexquant Inv Limited Partnership, Connecticut-based fund reported 10,791 shares. Ameritas Ptnrs stated it has 0.01% in Hillenbrand, Inc. (NYSE:HI). Comerica Commercial Bank holds 0.02% or 65,770 shares. Hl Fincl Limited Liability Corporation reported 24,481 shares. Ny State Common Retirement Fund reported 305,979 shares. Sg Americas Limited Liability reported 0% stake. Bluecrest Management Ltd reported 5,184 shares. Point72 Asia (Hong Kong) reported 0.03% of its portfolio in Hillenbrand, Inc. (NYSE:HI). Stevens Cap Mgmt Lp accumulated 17,318 shares or 0.03% of the stock. Parametrica Management, Hong Kong-based fund reported 7,371 shares. Guyasuta Investment Advsrs Inc has 0.05% invested in Hillenbrand, Inc. (NYSE:HI) for 9,550 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 4,319 shares or 0% of all its holdings.

Since February 5, 2018, it had 0 insider purchases, and 3 sales for $1.85 million activity. Raver Joe Anthony also sold $1.60M worth of Hillenbrand, Inc. (NYSE:HI) shares. FARRELL NICHOLAS R sold 417 shares worth $19,674.

The stock of Hillenbrand, Inc. (NYSE:HI) hit a new 52-week high and has $52.33 target or 8.00 % above today’s $48.45 share price. The 8 months bullish chart indicates low risk for the $3.05B company. The 1-year high was reported on Apr, 17 by If the $52.33 price target is reached, the company will be worth $244.32 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.89% or $0.9 during the last trading session, reaching $48.45. About 59,136 shares traded. Hillenbrand, Inc. (NYSE:HI) has risen 27.16% since April 17, 2017 and is uptrending. It has outperformed by 15.61% the S&P500.

Analysts await Hillenbrand, Inc. (NYSE:HI) to report earnings on May, 2. They expect $0.60 EPS, up 13.21 % or $0.07 from last year’s $0.53 per share. HI’s profit will be $37.82 million for 20.19 P/E if the $0.60 EPS becomes a reality. After $0.54 actual EPS reported by Hillenbrand, Inc. for the previous quarter, Wall Street now forecasts 11.11 % EPS growth.

Hillenbrand, Inc. operates as a diversified industrial firm worldwide. The company has market cap of $3.05 billion. The firm operates in two divisions, Process Equipment Group and Batesville. It has a 25.37 P/E ratio. The Process Equipment Group segment designs, engineers, makes, markets, and services process and material handling equipment and systems for various industries, including plastics, food and pharmaceuticals, chemicals, fertilizers, minerals and mining, energy, wastewater treatment, and forest products.

Hillenbrand, Inc. (NYSE:HI) Institutional Positions Chart

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