Ronald Blue Co buys $2,138,191 stake in Hillenbrand (HI)

Hillenbrand (HI) : Ronald Blue Co scooped up 1,534 additional shares in Hillenbrand during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 67,793 shares of Hillenbrand which is valued at $2,138,191.Hillenbrand makes up approximately 0.09% of Ronald Blue Co’s portfolio.

Other Hedge Funds, Including , Texas Permanent School Fund reduced its stake in HI by selling 2,181 shares or 4.33% in the most recent quarter. The Hedge Fund company now holds 48,183 shares of HI which is valued at $1,519,692. Hillenbrand makes up approx 0.02% of Texas Permanent School Fund’s portfolio.Quantbot Technologies Lp boosted its stake in HI in the latest quarter, The investment management firm added 841 additional shares and now holds a total of 4,004 shares of Hillenbrand which is valued at $125,125. Hillenbrand makes up approx 0.01% of Quantbot Technologies Lp’s portfolio.Wedge Capital Management L L Pnc reduced its stake in HI by selling 4,089 shares or 12.35% in the most recent quarter. The Hedge Fund company now holds 29,011 shares of HI which is valued at $938,506. Hillenbrand makes up approx 0.01% of Wedge Capital Management L L Pnc’s portfolio.Quadrant Capital Group boosted its stake in HI in the latest quarter, The investment management firm added 40 additional shares and now holds a total of 88 shares of Hillenbrand which is valued at $2,847.Capital One National Association reduced its stake in HI by selling 1,454 shares or 2.9% in the most recent quarter. The Hedge Fund company now holds 48,753 shares of HI which is valued at $1,565,946. Hillenbrand makes up approx 0.13% of Capital One National Association’s portfolio.

Hillenbrand opened for trading at $32.66 and hit $32.84 on the upside on Friday, eventually ending the session at $32.83, with a gain of 0.06% or 0.02 points. The heightened volatility saw the trading volume jump to 1,91,343 shares. Company has a market cap of $2,072 M.

On the company’s financial health, Hillenbrand reported $0.53 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.52. The company had revenue of $371.00 million for the quarter, compared to analysts expectations of $406.70 million. The company’s revenue was down -6.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.52 EPS.

Hillenbrand Inc. is a global diversified industrial company that makes and sells business-to-business products and services for a variety of industries. The Company has two segments: the Process Equipment Group and Batesville. The Process Equipment Group has multiple brands of process and material handling equipment and systems serving a variety of industries worldwide. The Process Equipment Group product portfolio includes products and services for compounding extrusion and material handling; crushing and sizing and screening and separating. Batesville is engaged in the North American death care industry where it has been designing manufacturing distributing and selling funeral service products and solutions.

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