Nuveen Asset Management LLC Sells 82,371 Shares of Hillman Solutions Corp (NASDAQ:HLMN)

Nuveen Asset Management LLC trimmed its holdings in shares of Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 2.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,960,567 shares of the company's stock after selling 82,371 shares during the period. Nuveen Asset Management LLC owned about 2.01% of Hillman Solutions worth $38,576,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Millennium Management LLC increased its holdings in Hillman Solutions by 25.8% during the fourth quarter. Millennium Management LLC now owns 679,983 shares of the company's stock worth $6,623,000 after buying an additional 139,331 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Hillman Solutions by 3.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 111,815 shares of the company's stock valued at $1,089,000 after acquiring an additional 4,245 shares during the period. Lazard Asset Management LLC increased its stake in shares of Hillman Solutions by 1,911.4% during the 4th quarter. Lazard Asset Management LLC now owns 6,517 shares of the company's stock worth $63,000 after purchasing an additional 6,193 shares during the last quarter. Deutsche Bank AG raised its holdings in shares of Hillman Solutions by 53.6% in the 4th quarter. Deutsche Bank AG now owns 171,077 shares of the company's stock worth $1,666,000 after purchasing an additional 59,675 shares during the period. Finally, EP Wealth Advisors LLC lifted its stake in Hillman Solutions by 18.3% in the fourth quarter. EP Wealth Advisors LLC now owns 23,510 shares of the company's stock valued at $229,000 after purchasing an additional 3,633 shares during the last quarter. 98.11% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Hillman Solutions

In other news, CFO Robert O. Kraft purchased 140,000 shares of the firm's stock in a transaction dated Thursday, May 1st. The shares were purchased at an average price of $7.09 per share, with a total value of $992,600.00. Following the completion of the acquisition, the chief financial officer now owns 632,752 shares in the company, valued at $4,486,211.68. This trade represents a 28.41% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 5.10% of the company's stock.

Hillman Solutions Price Performance

NASDAQ HLMN traded down $0.13 during trading hours on Monday, hitting $7.25. The company had a trading volume of 1,312,948 shares, compared to its average volume of 1,068,143. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.76 and a current ratio of 2.32. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 90.64 and a beta of 1.70. Hillman Solutions Corp has a 52 week low of $6.64 and a 52 week high of $12.08. The firm has a 50 day simple moving average of $7.93 and a 200 day simple moving average of $9.43.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $0.10 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.10. The firm had revenue of $359.34 million for the quarter, compared to the consensus estimate of $358.14 million. Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%. The company's revenue for the quarter was up 2.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.10 earnings per share. Equities research analysts expect that Hillman Solutions Corp will post 0.58 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Robert W. Baird lowered their target price on Hillman Solutions from $9.00 to $8.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 30th. Raymond James set a $10.00 price objective on Hillman Solutions and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Baird R W downgraded shares of Hillman Solutions from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 16th. Barclays reduced their target price on shares of 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. Finally, Benchmark reissued a "buy" rating and issued a $16.00 price target on shares of Hillman Solutions in a research report on Wednesday, February 19th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, Hillman Solutions currently has an average rating of "Hold" and an average target price of $11.00.

Hillman Solutions 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.