A Director at Hillenbrand (NYSE: HI) is Buying Shares

By Carrie Williams

Yesterday, a Director at Hillenbrand (HIResearch Report), Tom Johnson, bought shares of HI for $49.92K.

This recent transaction increases Tom Johnson’s holding in the company by 40% to a total of $167.1K. In addition to Tom Johnson, 2 other HI executives reported Buy trades in the last month.

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Based on Hillenbrand’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $567 million and GAAP net loss of $3.1 million. In comparison, last year the company earned revenue of $410 million and had a net profit of $28.3 million. The company has a one-year high of $44.59 and a one-year low of $23.82. Currently, Hillenbrand has an average volume of 741.34K.

Starting in July 2019, HI received 4 Buy ratings in a row.

The insider sentiment on Hillenbrand has been neutral according to 21 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Hillenbrand, Inc. is a diversified industrial company, which engages in the development, manufacture, and sale of engineered industrial equipment. It operates through the following segments: Process Equipment Group and Batesville.