Trust Investment Advisors Buys Shares of 6800 Hill-Rom Holdings Inc (HRC)

Hill-Rom Holdings Inc (NYSE:HRC) posted its quarterly earnings results on Friday, November 3rd. Seven Eight Capital LP acquired a new position in Hill-Rom Holdings during the 2nd quarter valued at $127,000. The value of the company's investment in Hill-Rom Holdings Inc increased from $2,707,000 to $57,646,000 increasing 2,029.5% quarter to quarter. Insiders own 2.20% of the company's stock.

Hill-Rom Holdings, Inc is a global medical technology company. Wellington Management Group Llp owns 588,906 shares valued at $43,579,000. Finally, Fox Run Management L.L.C. purchased a new stake in Hill-Rom Holdings during the 3rd quarter worth about $207,000. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,201 shares of the medical technology company's stock worth $175,000 after purchasing an additional 204 shares in the last quarter.

Shares of Hill-Rom Holdings Inc (NYSE HRC) traded up $0.55 during trading on Tuesday, reaching $76.73. The firm owned 6,297 shares of the medical technology company's stock after selling 300 shares during the period. Hill-Rom Holdings Inc has a 12-month low of $52.58 and a 12-month high of $84.65. The company's revenue was up 23.0% compared to the same quarter past year. The firm had revenue of $706 million for the quarter, compared to the consensus estimate of $701.39 million. Hill-Rom Holdings had a net margin of 4.87% and a return on equity of 20.27%. (NYSE:HRC) by 4.5% during the third quarter, Holdings Channel reports. Citigroup Inc. increased its position in Hill-Rom Holdings by 21.1% during the 2nd quarter.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 16th were paid a $0.17 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.94%. The ex-dividend date of this dividend is Thursday, December 14th. Hill-Rom Holdings's payout ratio is presently 36.76%. Also, SVP Andreas G. Frank sold 6,870 shares of the business's stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $77.48, for a total value of $532,287.60. Hedge funds and other institutional investors own 82.09% of the company's stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

In other news, SVP Andreas G. Frank sold 3,940 shares of Hill-Rom Holdings stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $77.84, for a total transaction of $306,689.60. The disclosure for this sale can be found here.

A number of analysts recently commented on HRC shares. July 30 investment analysts at Stifel Nicolaus left the company rating at "Buy" projecting a price of $84.00.

Equity analyst Needham & Company LLC lowered the price target of the stock on November 6 changing the forecast from $93.00 to $90.00 and issued a "Buy" recommendation. Cantor Fitzgerald set a $86.00 price target on Hill-Rom Holdings and gave the stock a "hold" rating in a research note on Friday, July 28th. November 5 investment analysts at KeyCorp kept the company rating at "Buy" with a current price target of $89.00. Hill-Rom Holdings now has an average rating of "Buy" and a consensus target price of $88.57.

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Short traders are feeling a little more bullish on Hill-Rom Holdings Inc of late if you pay attention to the fall in short interest. Its segments include North America, Surgical and Respiratory Care, International and Welch Allyn.

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