Hill-Rom Holdings (HRC)
Breeden Capital Management, the hedge fund run by Richard Breeden, former chairman of the Securities and Exchange Commission, reported ownership of 3,278,409 shares (5.25%). Breeden Capital has talked with HRC management about its business, financial performance, costs and capital allocation, including share repurchases, operations, strategic plans and potential for divestiture of noncore business units. Breeden intends to continue discussions with management and potentially with members of the board.

In April, Keeley picked up Batesville, Ind.-based Hill- Rom Holdings (HRC), formerly Hillenbrand Industries, in the mid-20s following a spinoff and renaming. Hill-Rom manufactures and provides technologies and related services for the health-care industry, including patient-support systems like multipurpose beds that can also be used as chairs and as transportation. Earnings estimates are $1.25 a share for this fiscal year and $1.47 for the next.

Makes hospital beds, patient room furniture, software systems for patient management. Not only a hurricane play but excellent long-term baby boomer play

Dividend