Integrated Investment Consultants buys $90,624 stake in Hillenbrand (HI)

Hillenbrand (HI) : Integrated Investment Consultants scooped up 250 additional shares in Hillenbrand during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 2,950 shares of Hillenbrand which is valued at $90,624.Hillenbrand makes up approximately 0.05% of Integrated Investment Consultants’s portfolio.

Other Hedge Funds, Including , Capstone Asset Management Co boosted its stake in HI in the latest quarter, The investment management firm added 90 additional shares and now holds a total of 18,359 shares of Hillenbrand which is valued at $568,027. Hillenbrand makes up approx 0.02% of Capstone Asset Management Co’s portfolio.Creative Planning boosted its stake in HI in the latest quarter, The investment management firm added 260 additional shares and now holds a total of 5,425 shares of Hillenbrand which is valued at $167,850.Raymond James Trust N.a. boosted its stake in HI in the latest quarter, The investment management firm added 82 additional shares and now holds a total of 9,604 shares of Hillenbrand which is valued at $302,718. Hillenbrand makes up approx 0.03% of Raymond James Trust N.a.’s portfolio.

Hillenbrand opened for trading at $30.64 and hit $30.96 on the upside on Friday, eventually ending the session at $30.72, with a gain of 0.56% or 0.17 points. The heightened volatility saw the trading volume jump to 1,09,157 shares. Company has a market cap of $1,939 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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