131,441 Shares in Hillman Solutions Corp (NASDAQ:HLMN) Purchased by Cornercap Investment Counsel Inc.

Cornercap Investment Counsel Inc. purchased a new position in Hillman Solutions Corp (NASDAQ:HLMN - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 131,441 shares of the company's stock, valued at approximately $1,211,000. Cornercap Investment Counsel Inc. owned 0.07% of Hillman Solutions at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Comerica Bank bought a new position in shares of Hillman Solutions in the third quarter worth $5,614,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Hillman Solutions by 24.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,912,749 shares of the company's stock valued at $15,780,000 after acquiring an additional 371,929 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Hillman Solutions by 9.2% during the 3rd quarter. Vanguard Group Inc. now owns 19,156,902 shares of the company's stock valued at $158,044,000 after acquiring an additional 1,613,190 shares during the last quarter. DAVENPORT & Co LLC boosted its position in shares of Hillman Solutions by 2.5% during the 3rd quarter. DAVENPORT & Co LLC now owns 171,990 shares of the company's stock valued at $1,419,000 after acquiring an additional 4,206 shares during the last quarter. Finally, Cercano Management LLC purchased a new position in shares of Hillman Solutions during the third quarter worth about $10,929,000. 98.11% of the stock is owned by institutional investors.

Hillman Solutions Price Performance

NASDAQ:HLMN traded down $0.21 during mid-day trading on Monday, reaching $9.63. The stock had a trading volume of 702,806 shares, compared to its average volume of 929,904. The firm has a 50 day moving average price of $9.74 and a two-hundred day moving average price of $8.62. The stock has a market capitalization of $1.88 billion, a P/E ratio of -192.56 and a beta of 1.72. Hillman Solutions Corp has a one year low of $6.02 and a one year high of $10.85. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.74 and a current ratio of 2.46.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last released its earnings results on Thursday, February 22nd. The company reported $0.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.08 by $0.02. The company had revenue of $347.81 million during the quarter, compared to the consensus estimate of $344.98 million. Hillman Solutions had a positive return on equity of 6.88% and a negative net margin of 0.65%. Hillman Solutions's quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.05 EPS. As a group, analysts expect that Hillman Solutions Corp will post 0.49 earnings per share for the current year.

Wall Street Analysts Forecast Growth

HLMN has been the subject of several recent analyst reports. Stifel Nicolaus reissued a "buy" rating and set a $16.00 price objective (up previously from $14.00) on shares of Hillman Solutions in a report on Monday, April 1st. Barclays boosted their price objective on Hillman Solutions from $9.00 to $10.00 and gave the stock an "equal weight" rating in a report on Monday, February 26th. TheStreet raised Hillman Solutions from a "d+" rating to a "c-" rating in a report on Friday, December 22nd. Finally, Canaccord Genuity Group boosted their price objective on Hillman Solutions from $11.00 to $12.00 and gave the stock a "buy" rating in a report on Friday, February 23rd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $11.63.

Insider Buying and Selling at Hillman Solutions

In other Hillman Solutions news, Director John W. Swygert sold 7,207 shares of the business's stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $9.74, for a total value of $70,196.18. Following the completion of the sale, the director now owns 24,999 shares in the company, valued at $243,490.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Hillman Solutions news, Director John W. Swygert sold 7,207 shares of the business's stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $9.74, for a total value of $70,196.18. Following the completion of the sale, the director now owns 24,999 shares in the company, valued at $243,490.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Jon Michael Adinolfi sold 110,000 shares of the business's stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $9.81, for a total value of $1,079,100.00. Following the completion of the sale, the chief operating officer now owns 659,889 shares of the company's stock, valued at approximately $6,473,511.09. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 618,658 shares of company stock worth $5,958,077. 4.10% of the stock is currently owned by insiders.

Hillman Solutions Company 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.