Trexquant Investment LP Takes Position in Hillman Solutions Corp (NASDAQ:HLMN)

Trexquant Investment LP bought a new position in shares of Hillman Solutions Corp (NASDAQ:HLMN - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 221,425 shares of the company's stock, valued at approximately $2,157,000. Trexquant Investment LP owned approximately 0.11% of Hillman Solutions at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. R Squared Ltd acquired a new position in Hillman Solutions during the 4th quarter worth approximately $32,000. Quarry LP acquired a new position in shares of Hillman Solutions during the third quarter worth $43,000. Venturi Wealth Management LLC increased its holdings in Hillman Solutions by 1,337.4% in the fourth quarter. Venturi Wealth Management LLC now owns 6,986 shares of the company's stock valued at $68,000 after purchasing an additional 6,500 shares during the period. Jones Financial Companies Lllp raised its position in Hillman Solutions by 285.7% during the 4th quarter. Jones Financial Companies Lllp now owns 7,985 shares of the company's stock worth $78,000 after purchasing an additional 5,915 shares during the last quarter. Finally, Entropy Technologies LP acquired a new position in Hillman Solutions during the 4th quarter worth about $106,000. Institutional investors own 98.11% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on HLMN shares. Barclays reduced their target price on Hillman Solutions from $11.00 to $8.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 8th. William Blair cut shares of Hillman Solutions from an "outperform" rating to a "market perform" rating in a research report on Thursday, January 2nd. Benchmark restated a "buy" rating and issued a $16.00 target price on shares of Hillman Solutions in a report on Wednesday, February 19th. Finally, Robert W. Baird decreased their price target on Hillman Solutions from $14.00 to $12.00 and set an "outperform" rating for the company in a report on Wednesday, February 19th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $12.25.

Hillman Solutions Stock Up 1.2 %

HLMN stock traded up $0.09 during midday trading on Monday, reaching $7.80. 203,088 shares of the company's stock traded hands, compared to its average volume of 947,316. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 97.52 and a beta of 1.67. The firm's fifty day moving average price is $9.25 and its 200-day moving average price is $10.04. Hillman Solutions Corp has a 52 week low of $7.24 and a 52 week high of $12.08. The company has a quick ratio of 0.76, a current ratio of 2.32 and a debt-to-equity ratio of 0.62.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.01). The business had revenue of $349.56 million during the quarter, compared to the consensus estimate of $350.45 million. Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%. During the same period in the previous year, the business posted $0.10 EPS. As a group, sell-side analysts forecast 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.