XTX Topco Ltd Makes New Investment in Hyster-Yale Materials Handling, Inc. (NYSE:HY)

XTX Topco Ltd purchased a new stake in Hyster-Yale Materials Handling, Inc. (NYSE:HY - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,679 shares of the industrial products company's stock, valued at approximately $442,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Meeder Asset Management Inc. grew its holdings in shares of Hyster-Yale Materials Handling by 421.8% during the 4th quarter. Meeder Asset Management Inc. now owns 741 shares of the industrial products company's stock worth $38,000 after purchasing an additional 599 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Hyster-Yale Materials Handling during the fourth quarter worth $76,000. US Bancorp DE increased its holdings in Hyster-Yale Materials Handling by 29.1% in the 4th quarter. US Bancorp DE now owns 1,726 shares of the industrial products company's stock valued at $88,000 after buying an additional 389 shares during the period. Quantbot Technologies LP raised its stake in shares of Hyster-Yale Materials Handling by 1,613.2% in the 4th quarter. Quantbot Technologies LP now owns 3,238 shares of the industrial products company's stock valued at $165,000 after buying an additional 3,049 shares in the last quarter. Finally, Amundi lifted its holdings in shares of Hyster-Yale Materials Handling by 111.6% during the 4th quarter. Amundi now owns 4,400 shares of the industrial products company's stock worth $221,000 after acquiring an additional 2,321 shares during the period. 46.47% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com lowered Hyster-Yale Materials Handling from a "buy" rating to a "hold" rating in a research note on Friday, March 7th.

Hyster-Yale Materials Handling Trading Up 1.1 %

Shares of Hyster-Yale Materials Handling stock traded up $0.43 during trading on Friday, hitting $39.55. 46,185 shares of the company were exchanged, compared to its average volume of 85,044. 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 firm has a market capitalization of $699.92 million, a P/E ratio of 4.44 and a beta of 1.32. The firm's fifty day moving average price is $43.20 and its 200 day moving average price is $51.43. Hyster-Yale Materials Handling, Inc. has a 1-year low of $34.13 and a 1-year high of $84.44.

Hyster-Yale Materials Handling Announces Dividend

The company also recently announced 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 annualized dividend and a yield of 3.54%. The ex-dividend date was Friday, February 28th. Hyster-Yale Materials Handling's payout ratio is presently 17.37%.

Hyster-Yale Materials Handling Profile

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.