Clarkston Capital Partners Llc Decreased Hillenbrand Inc (NYSE:HI) Stake By $25.58 Million

July 19, 2018 - By Elizabeth Bryant

Hillenbrand, Inc. (NYSE:HI) LogoInvestors sentiment decreased to 1.5 in Q1 2018. Its down 0.04, from 1.54 in 2017Q4. It dropped, as 11 investors sold HI shares while 71 reduced holdings. 47 funds opened positions while 76 raised stakes. 47.09 million shares or 1.36% less from 47.74 million shares in 2017Q4 were reported. Patten Grp Inc Inc, Tennessee-based fund reported 500 shares. Advisory Serv Net Ltd Limited Liability Company invested in 610 shares. Franklin Res has invested 0.02% in Hillenbrand, Inc. (NYSE:HI). Menta Limited Liability Corp accumulated 13,121 shares. Miles Capital stated it has 0.16% of its portfolio in Hillenbrand, Inc. (NYSE:HI). Gsa Cap Prtn Llp owns 8,222 shares for 0.02% of their portfolio. Stone Ridge Asset Mgmt Ltd Com, a New York-based fund reported 30,016 shares. Employees Retirement System Of Ohio owns 15,632 shares or 0% of their US portfolio. Wells Fargo Mn, a California-based fund reported 1.03 million shares. Parkside Fin State Bank And Tru owns 0% invested in Hillenbrand, Inc. (NYSE:HI) for 282 shares. Michigan-based Usa Fincl Portformulas has invested 0.02% in Hillenbrand, Inc. (NYSE:HI). Prudential Fin Inc has invested 0.02% in Hillenbrand, Inc. (NYSE:HI). Huntington Commercial Bank reported 4,000 shares. Schulhoff And holds 8,600 shares or 0.23% of its portfolio. Macquarie Group Ltd accumulated 4,300 shares.

Since February 5, 2018, it had 0 insider buys, and 3 sales for $1.85 million activity. Raver Joe Anthony had sold 33,931 shares worth $1.60M on Monday, March 12. 5,177 Hillenbrand, Inc. (NYSE:HI) shares with value of $230,337 were sold by TEEGARDEN ERIC M.

Clarkston Capital Partners Llc decreased its stake in Hillenbrand Inc (NYSE:HI) by 25.65% based on its latest 2018Q2 regulatory filing with the SEC. Clarkston Capital Partners Llc sold 544,180 shares as the company’s stock rose 3.41% while stock markets declined. The institutional investor held 1.58M shares of the miscellaneous manufacturing industries company at the end of 2018Q2, valued at $74.36M, down from 2.12M at the end of the previous reported quarter. Clarkston Capital Partners Llc who had been investing in Hillenbrand Inc for a number of months, seems to be less bullish one the $3.09B market cap company. The stock increased 0.30% or $0.15 during the last trading session, reaching $49.45. About 49,825 shares traded. Hillenbrand, Inc. (NYSE:HI) has risen 30.69% since July 19, 2017 and is uptrending. It has outperformed by 18.12% the S&P500.

Clarkston Capital Partners Llc, which manages about $457.76M and $2.61B US Long portfolio, upped its stake in Matthews Intl Corp (NASDAQ:MATW) by 314,408 shares to 1.44 million shares, valued at $84.53M in 2018Q2, according to the filing.

Clarkston Capital Partners Llc is a Michigan-based institutional investor with more than $457.76 million AUM in December, 2014. Taken from Clarkston Capital Partners latest Adv, the fund reported to have 11 full and part-time employees. Among which 5 performing investment advisory and research functions. The institutional investor had more than 400 clients.

Hillenbrand, Inc. operates as a diversified industrial firm worldwide. The company has market cap of $3.09 billion. The firm operates in two divisions, Process Equipment Group and Batesville. It has a 46.96 P/E ratio. The Process Equipment Group segment designs, engineers, makes, markets, and services process and material handling equipment and systems for various industries, including plastics, food and pharmaceuticals, chemicals, fertilizers, minerals and mining, energy, wastewater treatment, and forest products.

Hillenbrand, Inc. (NYSE:HI) Institutional Positions Chart

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