Hill-Rom Holdings, Inc. (HRC) Holdings Increased by Meeder Asset Management Inc.

Meeder Asset Management Inc. grew its holdings in shares of Hill-Rom Holdings, Inc. (NYSE:HRC) by 103.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,164 shares of the medical technology company’s stock after acquiring an additional 11,276 shares during the period. Meeder Asset Management Inc.’s holdings in Hill-Rom were worth $2,092,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Engineers Gate Manager LP acquired a new stake in Hill-Rom during the 3rd quarter worth about $3,480,000. Victory Capital Management Inc. grew its holdings in Hill-Rom by 3.7% during the 3rd quarter. Victory Capital Management Inc. now owns 233,641 shares of the medical technology company’s stock worth $22,056,000 after acquiring an additional 8,256 shares during the period. Valeo Financial Advisors LLC grew its holdings in Hill-Rom by 18,894.9% during the 3rd quarter. Valeo Financial Advisors LLC now owns 95,924 shares of the medical technology company’s stock worth $8,065,000 after acquiring an additional 95,419 shares during the period. Arizona State Retirement System grew its holdings in Hill-Rom by 2.5% during the 3rd quarter. Arizona State Retirement System now owns 47,151 shares of the medical technology company’s stock worth $4,451,000 after acquiring an additional 1,136 shares during the period. Finally, W.E. Donoghue & Co. LLC grew its holdings in Hill-Rom by 101.9% during the 3rd quarter. W.E. Donoghue & Co. LLC now owns 10,466 shares of the medical technology company’s stock worth $988,000 after acquiring an additional 5,281 shares during the period. Hedge funds and other institutional investors own 80.65% of the company’s stock.

Hill-Rom stock opened at $95.58 on Wednesday. Hill-Rom Holdings, Inc. has a 52 week low of $75.68 and a 52 week high of $98.96. The company has a current ratio of 1.74, a quick ratio of 1.30 and a debt-to-equity ratio of 1.11. The company has a market cap of $6.05 billion, a price-to-earnings ratio of 20.12, a PEG ratio of 1.29 and a beta of 0.90.

Hill-Rom (NYSE:HRC) last posted its earnings results on Friday, November 2nd. The medical technology company reported $1.63 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.51 by $0.12. Hill-Rom had a net margin of 8.86% and a return on equity of 21.10%. The firm had revenue of $759.20 million for the quarter, compared to analysts’ expectations of $750.90 million. During the same quarter last year, the firm earned $1.32 EPS. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. As a group, sell-side analysts expect that Hill-Rom Holdings, Inc. will post 5.12 earnings per share for the current fiscal year.

A number of research firms have recently issued reports on HRC. ValuEngine raised shares of Hill-Rom from a “hold” rating to a “buy” rating in a research report on Tuesday. Zacks Investment Research cut shares of Hill-Rom from a “buy” rating to a “hold” rating in a research report on Wednesday, August 1st. Raymond James increased their price objective on shares of Hill-Rom from $97.00 to $100.00 and gave the stock an “outperform” rating in a research report on Monday, July 30th. Morgan Stanley increased their price objective on shares of Hill-Rom from $95.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 11th. Finally, Northcoast Research reissued a “buy” rating and set a $104.00 price objective on shares of Hill-Rom in a research report on Tuesday, July 31st. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $100.00.

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Hill-Rom Profile

Hill-Rom Holdings, Inc operates as a medical technology company worldwide. It provides medical surgical beds, intensive care unit beds, bariatric patient beds, lifts and other devices, non-invasive therapeutic products and surfaces, and communications technologies and software solutions; and medical equipment management services, as well as sells equipment service contracts for its capital equipment.

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Institutional Ownership by Quarter for Hill-Rom (NYSE:HRC)

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