Hillman Solutions Corp (NASDAQ:HLMN) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC cut its position in shares of Hillman Solutions Corp (NASDAQ:HLMN) by 4.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,392,413 shares of the company’s stock after selling 119,813 shares during the quarter. Natixis Advisors LLC’s holdings in Hillman Solutions were worth $23,302,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HLMN. R Squared Ltd purchased a new stake in shares of Hillman Solutions during the 4th quarter worth about $32,000. First Horizon Advisors Inc. increased its stake in shares of Hillman Solutions by 231.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 3,317 shares of the company’s stock valued at $35,000 after purchasing an additional 2,317 shares in the last quarter. Quarry LP acquired a new position in Hillman Solutions in the 3rd quarter worth about $43,000. Venturi Wealth Management LLC boosted its position in Hillman Solutions by 1,337.4% during the fourth quarter. Venturi Wealth Management LLC now owns 6,986 shares of the company’s stock worth $68,000 after purchasing an additional 6,500 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in Hillman Solutions by 285.7% in the fourth quarter. Jones Financial Companies Lllp now owns 7,985 shares of the company’s stock valued at $78,000 after purchasing an additional 5,915 shares during the period. Institutional investors and hedge funds own 98.11% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on HLMN. Barclays decreased their target price on Hillman Solutions from $12.00 to $11.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 16th. Benchmark reiterated a “buy” rating and issued a $16.00 target price on shares of Hillman Solutions in a research report on Wednesday, February 19th. William Blair downgraded shares of Hillman Solutions from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 2nd. Finally, Robert W. Baird decreased their price target on shares of Hillman Solutions from $14.00 to $12.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 19th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Hillman Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $13.60.

Hillman Solutions Price Performance

Shares of NASDAQ HLMN opened at $9.17 on Tuesday. The firm has a 50-day simple moving average of $9.89 and a 200-day simple moving average of $10.29. The company has a quick ratio of 0.76, a current ratio of 2.32 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 114.64 and a beta of 1.68. Hillman Solutions Corp has a 52 week low of $8.43 and a 52 week high of $12.08.

Hillman Solutions (NASDAQ:HLMN) last released its quarterly earnings data on Tuesday, February 18th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). The business had revenue of $349.56 million during the quarter, compared to analyst estimates of $350.45 million. Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%. During the same quarter in the previous year, the company posted $0.10 EPS. On average, equities analysts predict that Hillman Solutions Corp will post 0.58 earnings per share for the current fiscal year.

Hillman Solutions Company Profile

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 40,000 locations. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers.