Swiss National Bank bought a new stake in Hamilton Beach Brands Holding Co (NYSE:HBB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,800 shares of the company’s stock, valued at approximately $277,000. Swiss National Bank owned approximately 0.08% of Hamilton Beach Brands as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of the company. Legato Capital Management LLC bought a new stake in Hamilton Beach Brands during the fourth quarter worth $1,349,000. LSV Asset Management purchased a new stake in Hamilton Beach Brands in the fourth quarter worth $313,000. Acadian Asset Management LLC purchased a new stake in Hamilton Beach Brands in the fourth quarter worth $5,674,000. Bowling Portfolio Management LLC purchased a new stake in Hamilton Beach Brands in the fourth quarter worth $267,000. Finally, California Public Employees Retirement System purchased a new stake in Hamilton Beach Brands in the fourth quarter worth $516,000. Institutional investors own 34.03% of the company’s stock.
Separately, Zacks Investment Research raised Hamilton Beach Brands from a “hold” rating to a “buy” rating and set a $29.00 target price for the company in a research report on Tuesday, January 16th.
Shares of NYSE HBB traded down $0.79 during mid-day trading on Friday, hitting $22.03. The company had a trading volume of 42,308 shares, compared to its average volume of 49,713. The stock has a market cap of $301.19 and a PE ratio of 13.35. Hamilton Beach Brands Holding Co has a 1 year low of $20.97 and a 1 year high of $41.00. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.58 and a current ratio of 1.16.
The business also recently declared a Not Available dividend, which was paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st were given a $0.085 dividend. This represents a dividend yield of 1.33%. The ex-dividend date was Wednesday, February 28th. Hamilton Beach Brands’s dividend payout ratio (DPR) is presently 10.30%.
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Hamilton Beach Brands Company Profile
Hamilton Beach Brands Holding Company is a holding company for two separate businesses: consumer, commercial and specialty small appliances and specialty retail. The Company is a designer, marketer, and distributor of branded small electric household and specialty housewares appliances as well as commercial products for restaurants, bars and hotels.
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