Hamilton Beach Brands Holding Co (HBB) Director Acquires $101,160.00 in Stock

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Hamilton Beach Brands Holding Co (NYSE:HBB) Director Gregory H. Trepp acquired 6,000 shares of Hamilton Beach Brands stock in a transaction that occurred on Friday, May 10th. The stock was purchased at an average cost of $16.86 per share, for a total transaction of $101,160.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

NYSE HBB opened at $18.14 on Thursday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.59 and a current ratio of 1.35. Hamilton Beach Brands Holding Co has a 52-week low of $16.22 and a 52-week high of $31.30. The company has a market cap of $245.72 million, a PE ratio of 11.41 and a beta of -0.28.

Hamilton Beach Brands (NYSE:HBB) last released its quarterly earnings data on Thursday, April 25th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.08) by ($0.05). Hamilton Beach Brands had a net margin of 2.76% and a return on equity of 35.71%. The business had revenue of $145.38 million for the quarter. On average, equities analysts predict that Hamilton Beach Brands Holding Co will post 1.75 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 31st will be paid a dividend of $0.09 per share. The ex-dividend date is Thursday, May 30th. This is an increase from Hamilton Beach Brands’s previous quarterly dividend of $0.09. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.98%. Hamilton Beach Brands’s dividend payout ratio (DPR) is currently 21.38%.

A number of equities analysts have recently commented on HBB shares. Zacks Investment Research raised shares of Hamilton Beach Brands from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a research report on Friday, January 18th. TheStreet lowered shares of Hamilton Beach Brands from a “c-” rating to a “d” rating in a research report on Thursday, April 4th.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its stake in shares of Hamilton Beach Brands by 10.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 15,125 shares of the company’s stock valued at $325,000 after purchasing an additional 1,421 shares in the last quarter. Caption Management LLC boosted its stake in shares of Hamilton Beach Brands by 9.7% during the first quarter. Caption Management LLC now owns 19,784 shares of the company’s stock valued at $425,000 after purchasing an additional 1,750 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in Hamilton Beach Brands in the first quarter valued at approximately $219,000. Zuckerman Investment Group LLC boosted its stake in Hamilton Beach Brands by 19.1% in the first quarter. Zuckerman Investment Group LLC now owns 781,476 shares of the company’s stock valued at $16,770,000 after acquiring an additional 125,325 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in Hamilton Beach Brands by 0.7% in the first quarter. Northern Trust Corp now owns 92,036 shares of the company’s stock valued at $1,975,000 after acquiring an additional 651 shares in the last quarter. Hedge funds and other institutional investors own 38.17% of the company’s stock.

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Hamilton Beach Brands Company Profile

Hamilton Beach Brands Holding Company, together with its subsidiaries, operates in the consumer, commercial, specialty small appliance, and specialty retail market in the United States and internationally. It designs, markets, and distributes a range of small branded electric household and specialty housewares small appliances, including blenders, can openers, coffeemakers, food processors, indoor electric grills, irons, mixers, slow cookers, toasters, and toaster ovens, as well as commercial products for restaurants, bars, and hotels under the Hamilton Beach Commercial and Proctor Silex Commercial brands.

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