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Advances Hillenbrand's long-term profitable growth strategy by increasing scale in food end market, particularly within attractive pet food sectorAdds complementary technologies and processing...
Acquisition advances Hillenbrand’s long-term profitable growth strategy by increasing scale in food end market.
The company was bought for an enterprise value of $730 million.
StockNews.com cut shares of Hillenbrand (NYSE:HI – Free Report) from a buy rating to a hold rating in a research note issued to investors on Friday. Hillenbrand Stock Up 1.1 % Hillenbrand stock opened at $46.70 on Friday. Hillenbrand has a twelve month low of $36.16 and a twelve month high of $53.76. The stock’s […]
Hillenbrand, Inc. (NYSE:HI – Get Free Report) saw a significant drop in short interest in July. As of July 31st, there was short interest totalling 745,400 shares, a drop of 6.3% from the July 15th total of 795,600 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average daily […]