Endurant Capital Management Lp buys $11,452,566 stake in Hill-Rom Holdings (HRC)

Hill-Rom Holdings (HRC) : Endurant Capital Management Lp scooped up 136,900 additional shares in Hill-Rom Holdings during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 197,424 shares of Hill-Rom Holdings which is valued at $11,452,566.Hill-Rom Holdings makes up approximately 3.25% of Endurant Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Rock Springs Capital Management Lp added HRC to its portfolio by purchasing 120,000 company shares during the most recent quarter which is valued at $6,961,200. Hill-Rom Holdings makes up approx 0.49% of Rock Springs Capital Management Lp’s portfolio.Cornerstone Capital Management Holdings. boosted its stake in HRC in the latest quarter, The investment management firm added 19,931 additional shares and now holds a total of 89,431 shares of Hill-Rom Holdings which is valued at $5,187,892. Hill-Rom Holdings makes up approx 0.04% of Cornerstone Capital Management Holdings.’s portfolio.Quadrature Capital Ltd boosted its stake in HRC in the latest quarter, The investment management firm added 17,329 additional shares and now holds a total of 21,959 shares of Hill-Rom Holdings which is valued at $1,273,842. Hill-Rom Holdings makes up approx 0.09% of Quadrature Capital Ltd’s portfolio. Gsa Capital Partners Llp added HRC to its portfolio by purchasing 7,074 company shares during the most recent quarter which is valued at $401,096. Hill-Rom Holdings makes up approx 0.02% of Gsa Capital Partners Llp’s portfolio. Chicago Equity Partners sold out all of its stake in HRC during the most recent quarter. The investment firm sold 35,705 shares of HRC which is valued $1,907,718.

Hill-Rom Holdings closed down -0.06 points or -0.10% at $59.25 with 3,16,553 shares getting traded on Thursday. Post opening the session at $59.37, the shares hit an intraday low of $58.65 and an intraday high of $59.39 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Hill-Rom Holdings reported $0.81 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.76. The company had revenue of $655.40 million for the quarter, compared to analysts expectations of $646.61 million. The company’s revenue was up 38.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 EPS.

Investors should note that on Jul 20, 2016, Hill-Rom Holdings announced a cash dividend of $0.1700. The company’s management has announced Sep 14, 2016 as the ex-dividend date and fixed the record date on Sep 16, 2016. The payable date has been fixed on Sep 30, 2016.

Many Wall Street Analysts have commented on Hill-Rom Holdings. Hill-Rom Holdings was Upgraded by Morgan Stanley to ” Overweight” on Jun 16, 2016.

Hill-Rom Holdings Inc. (Hill-Rom) is a medical technology company. The Company partners with health care providers in more than 100 countries by focusing on patient care solutions that improve clinical and economic outcomes in five core areas: Advancing Mobility Wound Care and Prevention Clinical Workflow Surgical Safety and Efficiency and Respiratory Health. The Company operates in three segments: North America Surgical and Respiratory Care and International. North America segment sells and rents its patient support and near-patient technologies and services as well as its clinical workflow solutions in the United States and Canada. Surgical and Respiratory Care segment sells and rents its surgical and respiratory care products globally. International segment sells and rents similar products as its North America segment in regions outside of the United States and Canada.

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