Barclays PLC boosted its stake in shares of Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 11.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 339,733 shares of the company's stock after buying an additional 34,265 shares during the period. Barclays PLC owned 0.17% of Hillman Solutions worth $3,309,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Nordea Investment Management AB bought a new stake in Hillman Solutions during the fourth quarter valued at about $4,631,000. Harbor Capital Advisors Inc. boosted its holdings in shares of Hillman Solutions by 1.7% in the 4th quarter. Harbor Capital Advisors Inc. now owns 1,637,883 shares of the company's stock valued at $15,953,000 after buying an additional 26,832 shares in the last quarter. Reinhart Partners LLC. grew its position in shares of Hillman Solutions by 1.7% in the 4th quarter. Reinhart Partners LLC. now owns 7,612,474 shares of the company's stock worth $74,145,000 after buying an additional 130,273 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Hillman Solutions by 28.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 93,453 shares of the company's stock worth $910,000 after acquiring an additional 20,920 shares in the last quarter. Finally, R Squared Ltd purchased a new stake in Hillman Solutions during the fourth quarter valued at approximately $32,000. Institutional investors own 98.11% of the company's stock.
Hillman Solutions Stock Performance
Hillman Solutions stock traded up $0.11 during trading hours on Friday, hitting $7.14. 1,707,263 shares of the stock traded hands, compared to its average volume of 1,023,390. The firm's 50 day moving average price is $8.44 and its 200-day moving average price is $9.75. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.76. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 89.26 and a beta of 1.67. Hillman Solutions Corp has a 1 year low of $6.64 and a 1 year high of $12.08.
Hillman Solutions (NASDAQ:HLMN - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $0.10 EPS for the quarter, meeting analysts' consensus estimates of $0.10. Hillman Solutions had a return on equity of 8.79% and a net margin of 1.17%. The firm had revenue of $359.34 million for the quarter, compared to analyst estimates of $358.14 million. During the same quarter in the prior year, the firm earned $0.10 earnings per share. Hillman Solutions's revenue for the quarter was up 2.6% on a year-over-year basis. As a group, equities analysts expect that Hillman Solutions Corp will post 0.58 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on the company. Robert W. Baird reduced their price target on Hillman Solutions from $9.00 to $8.00 and set a "neutral" rating on the stock in a research report on Wednesday. Barclays decreased their price target on Hillman Solutions from $11.00 to $8.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. Baird R W lowered Hillman Solutions from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 16th. Finally, Benchmark reaffirmed a "buy" rating and issued a $16.00 price objective on shares of Hillman Solutions in a research report on Wednesday, February 19th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $11.25.
Read Our Latest Analysis on Hillman Solutions
Hillman Solutions Profile
(
Free Report)
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.
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