Barclays PLC Sells 6,925 Shares of Hyster-Yale Materials Handling, Inc. (NYSE:HY)

Barclays PLC trimmed its stake in Hyster-Yale Materials Handling, Inc. (NYSE:HY - Free Report) by 26.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,567 shares of the industrial products company's stock after selling 6,925 shares during the period. Barclays PLC owned 0.11% of Hyster-Yale Materials Handling worth $997,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of HY. Franklin Resources Inc. boosted its position in shares of Hyster-Yale Materials Handling by 4.7% during the third quarter. Franklin Resources Inc. now owns 18,680 shares of the industrial products company's stock valued at $1,260,000 after purchasing an additional 845 shares in the last quarter. Principal Financial Group Inc. purchased a new position in Hyster-Yale Materials Handling during the third quarter valued at $582,000. Empowered Funds LLC bought a new stake in shares of Hyster-Yale Materials Handling during the 4th quarter valued at $1,243,000. Hussman Strategic Advisors Inc. purchased a new stake in shares of Hyster-Yale Materials Handling in the 4th quarter worth about $321,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Hyster-Yale Materials Handling by 2.3% in the 4th quarter. Bank of New York Mellon Corp now owns 109,206 shares of the industrial products company's stock worth $5,562,000 after acquiring an additional 2,446 shares in the last quarter. Institutional investors own 46.47% of the company's stock.

Hyster-Yale Materials Handling Trading Down 1.4 %

Hyster-Yale Materials Handling stock opened at $39.78 on Tuesday. Hyster-Yale Materials Handling, Inc. has a 12 month low of $34.13 and a 12 month high of $84.44. The company has a current ratio of 1.36, a quick ratio of 0.61 and a debt-to-equity ratio of 0.46. The business's fifty day simple moving average is $41.60 and its two-hundred day simple moving average is $50.02. The company has a market capitalization of $703.99 million, a price-to-earnings ratio of 4.46 and a beta of 1.49.

Hyster-Yale Materials Handling Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 3.52%. The ex-dividend date was Friday, February 28th. Hyster-Yale Materials Handling's dividend payout ratio (DPR) is 17.37%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Hyster-Yale Materials Handling from a "hold" rating to a "buy" rating in a research note on Monday, April 28th.

About Hyster-Yale Materials Handling

Hyster-Yale, Inc, through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. The company manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. It markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships.

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