Copper Rock Capital Partners Lowers stake in Hill-Rom Holdings (HRC)

Hill-Rom Holdings (HRC) : Copper Rock Capital Partners reduced its stake in Hill-Rom Holdings by 0.49% during the most recent quarter end. The investment management company now holds a total of 580,060 shares of Hill-Rom Holdings which is valued at $30.4 Million after selling 2,862 shares in Hill-Rom Holdings according to a report filed by the company on Apr 5, 2016 with the SEC.Hill-Rom Holdings makes up approximately 2.67% of Copper Rock Capital Partners’s portfolio.

Other Hedge Funds, Including , Weaver C. Barksdale Associates boosted its stake in HRC in the latest quarter, The investment management firm added 25 additional shares and now holds a total of 189 shares of Hill-Rom Holdings which is valued at $9,904. Hill-Rom Holdings makes up approx 0.01% of Weaver C. Barksdale Associates’s portfolio.

On the company’s financial health, Hill-Rom Holdings reported $0.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Feb 1, 2016. Analyst had a consensus of $0.65. The company had revenue of $661.20 million for the quarter, compared to analysts expectations of $661.28 million. The company’s revenue was up 42.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.49 EPS.

Many Wall Street Analysts have commented on Hill-Rom Holdings. Hill-Rom Holdings was Upgraded by KeyBanc Capital Mkts to ” Overweight” on Jan 21, 2016.

Hill-Rom Holdings closed down -0.15 points or -0.29% at $52.4 with 4,03,788 shares getting traded on Monday. Post opening the session at $52.66, the shares hit an intraday low of $52.32 and an intraday high of $53.23 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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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