Hamilton Beach Brands Holding (NYSE:HBB) Stake Boosted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its holdings in Hamilton Beach Brands Holding (NYSE:HBB - Free Report) by 8.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 394,819 shares of the company's stock after buying an additional 29,460 shares during the period. Dimensional Fund Advisors LP owned 2.88% of Hamilton Beach Brands worth $6,645,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HBB. Jane Street Group LLC purchased a new position in shares of Hamilton Beach Brands in the third quarter valued at approximately $219,000. Barclays PLC increased its stake in Hamilton Beach Brands by 11.0% in the 4th quarter. Barclays PLC now owns 17,884 shares of the company's stock valued at $301,000 after buying an additional 1,772 shares during the period. Navellier & Associates Inc. boosted its position in shares of Hamilton Beach Brands by 67.1% during the 4th quarter. Navellier & Associates Inc. now owns 26,233 shares of the company's stock worth $442,000 after purchasing an additional 10,535 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Hamilton Beach Brands by 5.0% during the 4th quarter. Empowered Funds LLC now owns 43,740 shares of the company's stock worth $736,000 after purchasing an additional 2,083 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Hamilton Beach Brands by 16.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 44,487 shares of the company's stock worth $749,000 after buying an additional 6,425 shares in the last quarter. 50.55% of the stock is currently owned by institutional investors and hedge funds.

Hamilton Beach Brands Price Performance

NYSE:HBB traded up $0.04 on Tuesday, reaching $18.34. The stock had a trading volume of 53,870 shares, compared to its average volume of 57,730. The company has a market cap of $247.87 million, a price-to-earnings ratio of 9.76 and a beta of 0.32. The firm's fifty day moving average is $18.33 and its two-hundred day moving average is $18.54. Hamilton Beach Brands Holding has a 12-month low of $13.25 and a 12-month high of $31.78.

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

Hamilton Beach Brands Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders 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 2.62%. The ex-dividend date of this dividend is Friday, May 30th. This is a boost from Hamilton Beach Brands's previous quarterly dividend of $0.12. Hamilton Beach Brands's dividend payout ratio is currently 18.85%.

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.