Hamilton Beach Brands Holding Company (NYSE:HBB) Stock Holdings Increased by North Star Investment Management Corp.

North Star Investment Management Corp. boosted its position in Hamilton Beach Brands Holding Company (NYSE:HBB - Free Report) by 17.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 252,600 shares of the company's stock after acquiring an additional 38,400 shares during the quarter. North Star Investment Management Corp. owned 1.87% of Hamilton Beach Brands worth $4,908,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new position in Hamilton Beach Brands during the first quarter valued at approximately $270,000. Squarepoint Ops LLC acquired a new position in shares of Hamilton Beach Brands during the 4th quarter valued at $265,000. Two Sigma Investments LP purchased a new stake in Hamilton Beach Brands during the 4th quarter worth $177,000. State of Wyoming acquired a new stake in Hamilton Beach Brands in the 4th quarter valued at $220,000. Finally, Millennium Management LLC purchased a new position in Hamilton Beach Brands in the fourth quarter valued at about $393,000. Hedge funds and other institutional investors own 50.55% of the company's stock.

Hamilton Beach Brands Stock Down 0.1%

Shares of HBB stock traded down $0.02 during trading hours on Wednesday, reaching $16.80. The company had a trading volume of 15,660 shares, compared to its average volume of 55,674. The company has a market capitalization of $229.96 million, a P/E ratio of 6.88 and a beta of 0.36. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.93 and a current ratio of 1.97. Hamilton Beach Brands Holding Company has a twelve month low of $13.25 and a twelve month high of $31.78. The stock's fifty day simple moving average is $17.67 and its 200 day simple moving average is $17.83.

Hamilton Beach Brands (NYSE:HBB - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.13 earnings per share (EPS) for the quarter. The company had revenue of $133.37 million during the quarter. Hamilton Beach Brands had a net margin of 5.11% and a return on equity of 21.59%.

Hamilton Beach Brands Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.86%. This is a positive change from Hamilton Beach Brands's previous quarterly dividend of $0.12. The ex-dividend date was Friday, May 30th. Hamilton Beach Brands's payout ratio is presently 19.67%.

Hamilton Beach Brands Company 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.