Hillman Solutions Corp (NASDAQ:HLMN) Shares Sold by Marshall Wace LLP

Marshall Wace LLP lowered its holdings in shares of Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 17.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 355,614 shares of the company's stock after selling 72,894 shares during the quarter. Marshall Wace LLP owned 0.18% of Hillman Solutions worth $3,464,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Federated Hermes Inc. purchased a new stake in shares of Hillman Solutions during the 4th quarter worth $25,000. R Squared Ltd acquired a new stake in Hillman Solutions during the 4th quarter worth about $32,000. Sterling Capital Management LLC raised its position in Hillman Solutions by 765.8% during the 4th quarter. Sterling Capital Management LLC now owns 5,169 shares of the company's stock worth $50,000 after buying an additional 4,572 shares during the last quarter. Venturi Wealth Management LLC grew its position in Hillman Solutions by 1,337.4% during the 4th quarter. Venturi Wealth Management LLC now owns 6,986 shares of the company's stock worth $68,000 after purchasing an additional 6,500 shares during the period. Finally, Jones Financial Companies Lllp increased its holdings in shares of Hillman Solutions by 285.7% during the 4th quarter. Jones Financial Companies Lllp now owns 7,985 shares of the company's stock valued at $78,000 after purchasing an additional 5,915 shares in the last quarter. Hedge funds and other institutional investors own 98.11% of the company's stock.

Wall Street Analyst Weigh In

HLMN has been the subject of a number of recent analyst reports. Robert W. Baird cut their price objective on Hillman Solutions from $9.00 to $8.00 and set a "neutral" rating for the company in a research report on Wednesday. William Blair cut Hillman Solutions from an "outperform" rating to a "market perform" rating in a report on Thursday, January 2nd. Barclays reduced their price objective on Hillman Solutions from $11.00 to $8.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. Baird R W lowered shares of Hillman Solutions from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 16th. Finally, Benchmark restated a "buy" rating and set a $16.00 price target on shares of Hillman Solutions in a research report on Wednesday, February 19th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $11.25.

Hillman Solutions Stock Up 2.1 %

HLMN stock traded up $0.15 during mid-day trading on Thursday, reaching $7.14. The company had a trading volume of 328,422 shares, compared to its average volume of 1,010,698. The firm has a fifty day simple moving average of $8.56 and a 200 day simple moving average of $9.81. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.76 and a current ratio of 2.32. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 89.45 and a beta of 1.67. Hillman Solutions Corp has a fifty-two week low of $6.64 and a fifty-two week high of $12.08.

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

About Hillman Solutions

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.