UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Stock Position in Hillman Solutions Corp (NASDAQ:HLMN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 25.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 372,328 shares of the company's stock after purchasing an additional 74,506 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.19% of Hillman Solutions worth $3,626,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in shares of Hillman Solutions by 5.9% in the 4th quarter. JPMorgan Chase & Co. now owns 9,158,013 shares of the company's stock worth $89,199,000 after buying an additional 509,016 shares during the last quarter. T. Rowe Price Investment Management Inc. bought a new stake in Hillman Solutions during the 4th quarter valued at approximately $17,290,000. Barclays PLC grew its holdings in shares of Hillman Solutions by 11.2% during the 4th quarter. Barclays PLC now owns 339,733 shares of the company's stock worth $3,309,000 after acquiring an additional 34,265 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Hillman Solutions by 3.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,489,110 shares of the company's stock worth $24,244,000 after acquiring an additional 73,216 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Hillman Solutions in the 4th quarter valued at approximately $675,000. Institutional investors own 98.11% of the company's stock.

Hillman Solutions Stock Down 0.8%

Shares of HLMN traded down $0.06 during trading hours on Friday, hitting $7.35. The company had a trading volume of 922,206 shares, compared to its average volume of 1,091,500. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 91.89 and a beta of 1.68. The firm has a fifty day moving average price of $7.61 and a 200-day moving average price of $9.17. Hillman Solutions Corp has a 52-week low of $6.64 and a 52-week high of $12.08. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.76 and a current ratio of 2.32.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $0.10 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.10. The business had revenue of $359.34 million during the quarter, compared to analysts' expectations of $358.14 million. Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%. The business's revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.10 earnings per share. On average, equities research analysts forecast that Hillman Solutions Corp will post 0.58 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on HLMN shares. Baird R W cut Hillman Solutions from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 16th. Robert W. Baird reduced their target price on shares of Hillman Solutions from $9.00 to $8.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 30th. Benchmark reiterated a "buy" rating and issued a $16.00 price target on shares of Hillman Solutions in a research note on Wednesday, February 19th. Barclays dropped their price objective on shares of Hillman Solutions from $11.00 to $8.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 8th. Finally, Raymond James set a $10.00 target price on shares of Hillman Solutions and gave the company an "outperform" rating in a research note on Wednesday, April 30th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Hillman Solutions presently has a consensus rating of "Hold" and a consensus price target of $11.00.

Insider Buying and Selling

In other Hillman Solutions news, CFO Robert O. Kraft bought 140,000 shares of Hillman Solutions stock in a transaction on Thursday, May 1st. The stock was acquired at an average price of $7.09 per share, with a total value of $992,600.00. Following the acquisition, the chief financial officer now owns 632,752 shares in the company, valued at approximately $4,486,211.68. This trade represents a 28.41% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.10% of the stock is owned by company insiders.

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.