Copper Rock Capital Partners buys $30,638,816 stake in Hill-Rom Holdings (HRC)

Hill-Rom Holdings (HRC) : Copper Rock Capital Partners scooped up 9,148 additional shares in Hill-Rom Holdings during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 589,208 shares of Hill-Rom Holdings which is valued at $30,638,816.Hill-Rom Holdings makes up approximately 2.23% of Copper Rock Capital Partners’s portfolio.

Other Hedge Funds, Including , Nordea Investment Management Ab boosted its stake in HRC in the latest quarter, The investment management firm added 9,321 additional shares and now holds a total of 12,670 shares of Hill-Rom Holdings which is valued at $658,840. Fox Run Management L.l.c. sold out all of its stake in HRC during the most recent quarter. The investment firm sold 5,700 shares of HRC which is valued $296,400.Weaver C. Barksdale Associates boosted its stake in HRC in the latest quarter, The investment management firm added 22 additional shares and now holds a total of 211 shares of Hill-Rom Holdings which is valued at $10,748. Hill-Rom Holdings makes up approx 0.02% of Weaver C. Barksdale Associates’s portfolio.

Hill-Rom Holdings opened for trading at $50.85 and hit $52.37 on the upside on Wednesday, eventually ending the session at $52, with a gain of 2.87% or 1.45 points. The heightened volatility saw the trading volume jump to 10,04,402 shares. Company has a market cap of $3,400 M.

On the company’s financial health, Hill-Rom Holdings reported $0.71 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Apr 29, 2016. Analyst had a consensus of $0.70. The company had revenue of $632.60 million for the quarter, compared to analysts expectations of $651.80 million. The company’s revenue was up 33.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS.

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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