Hamilton Beach Brands Holding (NYSE:HBB) Shares Sold by Pacific Ridge Capital Partners LLC

Pacific Ridge Capital Partners LLC lessened its position in Hamilton Beach Brands Holding (NYSE:HBB) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 337,060 shares of the company’s stock after selling 4,352 shares during the quarter. Hamilton Beach Brands comprises 1.3% of Pacific Ridge Capital Partners LLC’s holdings, making the stock its 28th largest position. Pacific Ridge Capital Partners LLC owned 2.46% of Hamilton Beach Brands worth $5,673,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Empowered Funds LLC lifted its holdings in Hamilton Beach Brands by 5.0% in the 4th quarter. Empowered Funds LLC now owns 43,740 shares of the company’s stock valued at $736,000 after purchasing an additional 2,083 shares in the last quarter. MetLife Investment Management LLC lifted its stake in shares of Hamilton Beach Brands by 129.1% in the third quarter. MetLife Investment Management LLC now owns 5,074 shares of the company’s stock worth $154,000 after buying an additional 2,859 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Hamilton Beach Brands by 310.3% in the third quarter. BNP Paribas Financial Markets now owns 7,870 shares of the company’s stock worth $239,000 after buying an additional 5,952 shares in the last quarter. Barclays PLC boosted its position in Hamilton Beach Brands by 79.3% during the third quarter. Barclays PLC now owns 16,112 shares of the company’s stock worth $491,000 after acquiring an additional 7,125 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in Hamilton Beach Brands during the 3rd quarter valued at about $219,000. 50.55% of the stock is owned by institutional investors and hedge funds.

Hamilton Beach Brands Price Performance

HBB opened at $19.80 on Thursday. The firm has a market capitalization of $267.58 million, a price-to-earnings ratio of 10.53 and a beta of 0.71. The company’s 50 day simple moving average is $18.19 and its two-hundred day simple moving average is $21.47. Hamilton Beach Brands Holding has a 1-year low of $14.34 and a 1-year high of $31.78.

Hamilton Beach Brands (NYSE:HBB) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $1.75 EPS for the quarter. The firm had revenue of $213.51 million for the quarter. Hamilton Beach Brands had a return on equity of 17.90% and a net margin of 4.06%.

Hamilton Beach Brands Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were given a dividend of $0.115 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.46 annualized dividend and a dividend yield of 2.32%. Hamilton Beach Brands’s payout ratio is 20.63%.

Hamilton Beach Brands Profile

Hamilton Beach Brands Holding Company, together with its subsidiaries, designs, markets, and distributes small electric household and specialty housewares appliances in the United States and internationally. It offers air fryers, blenders, coffee makers, food processors, indoor electric grills, irons, juicers, mixers, slow cookers, toasters, and toaster ovens.