Hamilton Beach Brands Holding (NYSE:HBB) Shares Sold by Azarias Capital Management L.P.

Azarias Capital Management L.P. lessened its holdings in Hamilton Beach Brands Holding (NYSE:HBB - Free Report) by 47.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 151,054 shares of the company's stock after selling 134,647 shares during the period. Hamilton Beach Brands comprises about 1.2% of Azarias Capital Management L.P.'s portfolio, making the stock its 22nd largest holding. Azarias Capital Management L.P. owned 1.08% of Hamilton Beach Brands worth $2,642,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. FMR LLC grew its position in shares of Hamilton Beach Brands by 43.9% in the first quarter. FMR LLC now owns 583,358 shares of the company's stock valued at $5,974,000 after purchasing an additional 177,938 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Hamilton Beach Brands by 20.5% in the third quarter. Vanguard Group Inc. now owns 456,657 shares of the company's stock valued at $5,667,000 after acquiring an additional 77,600 shares in the last quarter. BlackRock Inc. raised its stake in shares of Hamilton Beach Brands by 2.5% in the second quarter. BlackRock Inc. now owns 154,147 shares of the company's stock valued at $1,489,000 after acquiring an additional 3,782 shares in the last quarter. State Street Corp increased its holdings in Hamilton Beach Brands by 1.7% in the first quarter. State Street Corp now owns 145,945 shares of the company's stock valued at $1,697,000 after buying an additional 2,455 shares during the last quarter. Finally, Ancora Advisors LLC purchased a new position in Hamilton Beach Brands in the third quarter valued at $1,200,000. Hedge funds and other institutional investors own 50.55% of the company's stock.

Hamilton Beach Brands Stock Performance

Shares of HBB stock traded down $0.22 during mid-day trading on Friday, hitting $24.36. 23,295 shares of the stock were exchanged, compared to its average volume of 60,707. Hamilton Beach Brands Holding has a 12-month low of $9.21 and a 12-month high of $24.65. The stock has a market capitalization of $339.09 million, a price-to-earnings ratio of 13.46 and a beta of 0.84. The stock's fifty day simple moving average is $19.71 and its two-hundred day simple moving average is $16.36. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.15 and a current ratio of 2.05.

Hamilton Beach Brands (NYSE:HBB - Get Free Report) last announced its earnings results on Wednesday, March 6th. The company reported $1.40 earnings per share for the quarter. Hamilton Beach Brands had a net margin of 4.03% and a return on equity of 19.73%. The business had revenue of $206.65 million during the quarter.

Hamilton Beach Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, March 4th were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.44 annualized dividend and a dividend yield of 1.81%. Hamilton Beach Brands's dividend payout ratio (DPR) is 24.31%.

Hamilton Beach Brands Company 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.

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