Universal Beteiligungs und Servicegesellschaft mbH Purchases 13,210 Shares of Turning Point Brands, Inc. $TPB

Key Points

• Universal Beteiligungs boosted its stake in Turning Point Brands by 22.6% in Q4, buying 13,210 shares to hold 71,587 shares (≈0.38%) valued at $7.76 million.
• CFO insider sale: Andrew Flynn sold 2,000 shares on March 4 at an average $97.57 (≈$195,140), reducing his position by 17.48% to 9,443 shares; insiders now own 5.40% of TPB.
• Analyst and market snapshot: The consensus rating is "Hold" with a $116.67 price target; TPB trades near $79.88 (12‑month range $58.65–$146.90), market cap $1.54B, and pays a $0.08 quarterly dividend (0.4% yield).

Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Turning Point Brands, Inc. (NYSE:TPB - Free Report) by 22.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,587 shares of the company's stock after buying an additional 13,210 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.38% of Turning Point Brands worth $7,760,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TPB. First Horizon Corp bought a new stake in Turning Point Brands during the 3rd quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd bought a new stake in Turning Point Brands during the 3rd quarter worth approximately $28,000. Advisory Services Network LLC bought a new stake in Turning Point Brands during the 3rd quarter worth approximately $28,000. Huntington National Bank increased its holdings in Turning Point Brands by 54.9% during the 3rd quarter. Huntington National Bank now owns 457 shares of the company's stock worth $45,000 after purchasing an additional 162 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in Turning Point Brands by 33.4% during the 4th quarter. GAMMA Investing LLC now owns 491 shares of the company's stock worth $53,000 after purchasing an additional 123 shares in the last quarter. 96.12% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CFO Andrew Flynn sold 2,000 shares of the company's stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $97.57, for a total value of $195,140.00. Following the transaction, the chief financial officer owned 9,443 shares in the company, valued at approximately $921,353.51. This represents a 17.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 5.40% of the company's stock.

Turning Point Brands Price Performance

Turning Point Brands stock opened at $79.88 on Tuesday. Turning Point Brands, Inc. has a 12 month low of $58.65 and a 12 month high of $146.90. The company has a current ratio of 5.56, a quick ratio of 4.12 and a debt-to-equity ratio of 0.79. The business's 50 day simple moving average is $94.00 and its 200 day simple moving average is $101.82. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 25.52 and a beta of 1.02.

Turning Point Brands Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Friday, March 20th were paid a $0.08 dividend. The ex-dividend date was Friday, March 20th. This is a positive change from Turning Point Brands's previous quarterly dividend of $0.08. This represents a $0.32 annualized dividend and a yield of 0.4%. Turning Point Brands's dividend payout ratio (DPR) is currently 10.22%.

Analysts Set New Price Targets

TPB has been the subject of a number of recent research reports. Oppenheimer reissued an "outperform" rating and set a $130.00 price objective on shares of Turning Point Brands in a report on Wednesday, January 14th. Weiss Ratings lowered Turning Point Brands from a "buy (b)" rating to a "buy (b-)" rating in a report on Tuesday, April 21st. Zacks Research downgraded Turning Point Brands from a "hold" rating to a "strong sell" rating in a research note on Monday, March 2nd. Finally, Wall Street Zen downgraded Turning Point Brands from a "buy" rating to a "hold" rating in a research note on Saturday, January 17th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $116.67.

Turning Point Brands Profile

Turning Point Brands, Inc NYSE: TPB is a U.S.-based consumer products company focused on the manufacture, marketing and distribution of smokeless tobacco, vaping and cigar products. Headquartered in Old Hickory, Tennessee, the company serves retail outlets across all 50 states through a direct-store-delivery network and select third-party distributors. Turning Point Brands operates two reporting segments—Smokeless Products and Cigar—and leverages its logistics capabilities to offer a broad portfolio of brands and SKUs.

In its Smokeless Products segment, Turning Point Brands produces moist smokeless tobacco under leading brand names such as Grizzly, Kodiak and Stoker's.

Want to see what other hedge funds are holding TPB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Turning Point Brands, Inc. (NYSE:TPB - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.