23,379 Shares in Hamilton Beach Brands Holding (NYSE:HBB) Bought by Millennium Management LLC

Millennium Management LLC bought a new position in shares of Hamilton Beach Brands Holding (NYSE:HBB - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 23,379 shares of the company's stock, valued at approximately $393,000. Millennium Management LLC owned about 0.17% of Hamilton Beach Brands at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Tower Research Capital LLC TRC raised its stake in Hamilton Beach Brands by 202.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,486 shares of the company's stock valued at $25,000 after purchasing an additional 995 shares during the last quarter. Deutsche Bank AG bought a new stake in Hamilton Beach Brands in the fourth quarter valued at $88,000. Bank of America Corp DE increased its position in shares of Hamilton Beach Brands by 27.1% during the 4th quarter. Bank of America Corp DE now owns 10,450 shares of the company's stock worth $176,000 after purchasing an additional 2,229 shares in the last quarter. Barclays PLC increased its holdings in shares of Hamilton Beach Brands by 11.0% during the fourth quarter. Barclays PLC now owns 17,884 shares of the company's stock worth $301,000 after buying an additional 1,772 shares in the last quarter. Finally, Navellier & Associates Inc. raised its position in Hamilton Beach Brands by 67.1% in the 4th quarter. Navellier & Associates Inc. now owns 26,233 shares of the company's stock valued at $442,000 after purchasing an additional 10,535 shares during the last quarter. Institutional investors and hedge funds own 50.55% of the company's stock.

Hamilton Beach Brands Trading Up 0.9%

NYSE HBB traded up $0.17 on Tuesday, hitting $18.43. 27,745 shares of the company were exchanged, compared to its average volume of 56,063. Hamilton Beach Brands Holding has a 1-year low of $13.25 and a 1-year high of $31.78. The firm has a 50 day moving average of $17.70 and a two-hundred day moving average of $17.90. The company has a market cap of $252.34 million, a P/E ratio of 9.80 and a beta of 0.36.

Hamilton Beach Brands (NYSE:HBB - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $133.37 million for the quarter. Hamilton Beach Brands had a return on equity of 17.90% and a net margin of 4.06%.

Hamilton Beach Brands Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date is Friday, May 30th. This is an increase from Hamilton Beach Brands's previous quarterly dividend of $0.12. Hamilton Beach Brands's dividend payout ratio is currently 19.67%.

Hamilton Beach Brands 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.