Invacare, Hill-Rom see stock movement

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Tuesday, September 13, 2016

ELYRIA, Ohio – Invacare recently lost one investor, but gained two.

Linden Advisors sold all of its stake in Invacare during the most recent quarter, according to a disclosure report filed with the Securities and Exchange Commission. It sold 48,554 shares of company stock valued at $604,497. Other hedge funds, including Gotham Asset Management, have sold their stakes in Invacare during the most recent quarter.

On the flip side, Alphaone Investment Services bought 54,253 additional shares of Invacare stock in the most recent quarter, according to a report filed with the SEC. It now has a total of 341,253 shares valued at $4.2 million.

Pure Vida Investments has also increased its stake in Invacare, buying an additional 67,500 shares, according to a report filed with the SEC. It now has a total of 292,500 shares valued at $3.6 million.

Invacare will update investors on the transformation of its business at investor conferences this week, the company announced Sept. 12.

“Since 2015, the company has been undergoing a transformative shift in strategy to increasingly focus on products and solutions for complex clinical situations,” it stated in a press release. “Investors will hear more about the company’s strategic direction, achievements in the first phase of change and long-term earnings potential.”

Endurant Capital increases stake in Hill-Rom

BATESVILLE, Ind. – Endurant Capital Management has bought 136,900 additional shares in Hill-Rom Holdings during the most recent quarter, according to a disclosure report filed with the SEC. The investment management firm now holds 197,424 shares of company stock valued at $11.45 million. Hill-Rom now makes up 3.25% of Endurant Capital’s portfolio.