29,069 Shares in Hyster-Yale Materials Handling, Inc. (NYSE:HY) Purchased by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC purchased a new position in Hyster-Yale Materials Handling, Inc. (NYSE:HY - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 29,069 shares of the industrial products company's stock, valued at approximately $1,480,000. Susquehanna Fundamental Investments LLC owned 0.17% of Hyster-Yale Materials Handling at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Tower Research Capital LLC TRC boosted its stake in shares of Hyster-Yale Materials Handling by 17.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,018 shares of the industrial products company's stock worth $154,000 after acquiring an additional 448 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Hyster-Yale Materials Handling by 1.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 515,809 shares of the industrial products company's stock worth $26,270,000 after buying an additional 5,366 shares in the last quarter. First Trust Advisors LP bought a new stake in Hyster-Yale Materials Handling in the 4th quarter valued at $3,265,000. CANADA LIFE ASSURANCE Co increased its stake in Hyster-Yale Materials Handling by 164.5% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 2,468 shares of the industrial products company's stock worth $125,000 after acquiring an additional 1,535 shares during the last quarter. Finally, Jump Financial LLC boosted its position in shares of Hyster-Yale Materials Handling by 123.4% during the 4th quarter. Jump Financial LLC now owns 9,773 shares of the industrial products company's stock valued at $498,000 after acquiring an additional 5,398 shares during the last quarter. 46.47% of the stock is currently owned by institutional investors.

Hyster-Yale Materials Handling Trading Up 3.0 %

Shares of NYSE:HY traded up $1.18 during trading on Tuesday, hitting $40.95. The company had a trading volume of 12,460 shares, compared to its average volume of 84,154. The stock has a market cap of $724.69 million, a price-to-earnings ratio of 4.60 and a beta of 1.49. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.36 and a quick ratio of 0.61. The company has a fifty day simple moving average of $41.60 and a two-hundred day simple moving average of $50.02. Hyster-Yale Materials Handling, Inc. has a one year low of $34.13 and a one year high of $84.44.

Hyster-Yale Materials Handling Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend was Friday, February 28th. Hyster-Yale Materials Handling's dividend payout ratio (DPR) is presently 17.37%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Hyster-Yale Materials Handling from a "hold" rating to a "buy" rating in a research note on Monday, April 28th.

About Hyster-Yale Materials Handling

Hyster-Yale, Inc, through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. The company manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. It markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships.