Wells Fargo & Company MN lifted its position in Huttig Building Products, Inc. (NASDAQ:HBP) by 162.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 39,183 shares of the company’s stock after acquiring an additional 24,274 shares during the period. Wells Fargo & Company MN’s holdings in Huttig Building Products were worth $261,000 as of its most recent filing with the Securities & Exchange Commission.
Separately, Paradigm Capital Management Inc. NY boosted its position in shares of Huttig Building Products by 1.4% in the 4th quarter. Paradigm Capital Management Inc. NY now owns 2,112,700 shares of the company’s stock valued at $14,049,000 after purchasing an additional 30,000 shares during the period. Institutional investors own 54.96% of the company’s stock.
Huttig Building Products stock opened at $6.12 on Thursday. Huttig Building Products, Inc. has a twelve month low of $6.04 and a twelve month high of $6.13. The company has a debt-to-equity ratio of 2.20, a current ratio of 2.63 and a quick ratio of 1.18.
Huttig Building Products (NASDAQ:HBP) last posted its quarterly earnings data on Monday, April 30th. The company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.03. Huttig Building Products had a negative return on equity of 8.22% and a negative net margin of 0.86%. The company had revenue of $198.00 million during the quarter.
Separately, ValuEngine cut Huttig Building Products from a “buy” rating to a “hold” rating in a research report on Friday, April 6th.
Huttig Building Products Company Profile
Huttig Building Products, Inc, together with its subsidiaries, distributes millwork, building materials, and wood products for new residential construction, home improvement, remodeling, and repair work in the United States. It offers various millwork products, including exterior and interior doors, pre-hung and factory finished door units, windows, patio doors, mouldings, frames, stair parts, and columns under the Therma-Tru, Masonite, Woodgrain, HB&G, Simpson Door, Final Frame, BrasPine, Arauco, Windsor Windows, and Rogue Valley Door brands.
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