Koss Olinger Consulting LLC Invests $739,000 in Hamilton Beach Brands Holding Company (NYSE:HBB)

Key Points

• Koss Olinger Consulting LLC has acquired a new stake of 38,015 shares in Hamilton Beach Brands, valued at approximately $739,000, representing a 0.28% ownership in the company.
• Hamilton Beach Brands recently increased its quarterly dividend to $0.12 per share, with an annualized yield of 3.4% and a dividend payout ratio of 20.43%.
• Despite recent changes in institutional ownership, including significant increases from various funds, Hamilton Beach Brands' stock has decreased by 4.4% recently, with current trading at $14.03 per share.

Koss Olinger Consulting LLC bought a new position in Hamilton Beach Brands Holding Company (NYSE:HBB - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 38,015 shares of the company's stock, valued at approximately $739,000. Koss Olinger Consulting LLC owned 0.28% of Hamilton Beach Brands at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Tower Research Capital LLC TRC grew its position in shares of Hamilton Beach Brands by 202.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,486 shares of the company's stock worth $25,000 after buying an additional 995 shares during the period. Bridgeway Capital Management LLC grew its position in shares of Hamilton Beach Brands by 1.2% in the 4th quarter. Bridgeway Capital Management LLC now owns 107,140 shares of the company's stock worth $1,803,000 after buying an additional 1,283 shares during the period. GAMMA Investing LLC purchased a new stake in shares of Hamilton Beach Brands in the 1st quarter worth about $270,000. Barclays PLC grew its position in shares of Hamilton Beach Brands by 11.0% in the 4th quarter. Barclays PLC now owns 17,884 shares of the company's stock worth $301,000 after buying an additional 1,772 shares during the period. Finally, Bank of America Corp DE grew its position in shares of Hamilton Beach Brands by 27.1% in the 4th quarter. Bank of America Corp DE now owns 10,450 shares of the company's stock worth $176,000 after buying an additional 2,229 shares during the period. 50.55% of the stock is owned by hedge funds and other institutional investors.

Hamilton Beach Brands Stock Up 0.7%

Hamilton Beach Brands stock traded up $0.10 during mid-day trading on Wednesday, reaching $14.62. The stock had a trading volume of 499 shares, compared to its average volume of 40,897. The company has a market capitalization of $197.01 million, a price-to-earnings ratio of 6.22 and a beta of 0.24. The company has a 50-day moving average price of $17.29 and a two-hundred day moving average price of $17.78. Hamilton Beach Brands Holding Company has a one year low of $12.95 and a one year high of $31.78. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.47 and a quick ratio of 0.95.

Hamilton Beach Brands (NYSE:HBB - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.33 earnings per share (EPS) for the quarter. The company had revenue of $127.77 million for the quarter. Hamilton Beach Brands had a net margin of 5.10% and a return on equity of 20.03%.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded shares of Hamilton Beach Brands from a "buy" rating to a "hold" rating in a research report on Saturday, August 2nd.

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.