Hill-Rom Holdings Inc. (NYSE: HRC) Stock Gets Downgraded at Zacks Investment Research

Analysts at Zacks Investment Research downgraded shares of Hill-Rom Holdings Inc. (NYSE: HRC) from Buy to Hold in a research note to investors today. Zacks Investment Research currently has a rating of Hold on the shares. As a means of comparison, a number of other analysts have spoken on the company recently, and Hill-Rom Holdings Inc. has secured a consensus one-year price target of $65.25, above the opening price of $60.08. Hill-Rom Holdings Inc. stock has a 52-week high of $60.48. Important and integral digressions in the company’s operations, future outlook or industry can cause downgrades as the analysts believe that the future prospects for the security have diminished from the initial recommendation.

U.S. stocks closed higher Tuesday as investors anticipate the results of meetings from the Federal Reserve and the Bank of Japan.

The Dow Jones Industrial Average DJIA, +0.05% rose 9.79 points, or less than 0.1%, to close at 18,129.96.

The S&P 500 index SPX, +0.03% advanced 0.64 points to finish at 2,139.76, led by gains in the health-care and consumer-staples sectors.

The Nasdaq Composite index COMP, +0.12% gained 6.33 points, or 0.1%, to close at 5,241.35.

Yesterday Hill-Rom Holdings Inc. (NYSE: HRC) shares last traded at $59.23, a dip of $0.46 compared to the previous closing price. Opening at $60.08, they varied from $59.21 and $60.08 throughout the day.

Hill-Rom Holdings Inc. (NYSE: HRC) currently has a market cap of 3.88B.

325,481 shares traded hands yesterday, 23 percent below normal, out of a total float 59,337,000. Trading volume is likely to increase in the next few days as momentum traders often use upticks in trading volume to determine heavy volume growth or dissemination by institutional investors.

While an increase in trading for short periods will not mean much, however, a trend of heavy trading volume on the buy side over a series of days or weeks delivers a positive cue to market traders that institutions may be moving in, so institutional sponsorship is crucial.

Institutional sponsorship simply refers to ownership of a stock by mutual funds, banks, pension funds and other large institutions.

Institutional investors such as these have teams of analysts that investigate thousands of stocks. Thus, watching their interests is a good way to ensure you are buying the right stocks.

By identifying trends, moving averages allow investors to make those trends work in their favor and increase the number of successful trades.

Trades for Hill-Rom Holdings Inc. (NYSE: HRC) have ranged from $42.99 – 60.48, and the stock now has a 50-day MA of $58.19 and 200-day MA of $52.21. Today’s last price is 0.02% below the 52 week high of $60.48.

Indeed, earnings growth is among the most crucial things to look at in regards to stock investing and, accordingly, investors seek companies that have been successful at growing their earnings at least 25% or more over the past 3 years.

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