1 week Ago By ABMN Staff
Arrowstreet Capital Limited Partnership increased its position in shares of Hillman Solutions Corp ( NASDAQ:HLMN – Free Report ) by 629.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 529,235 shares of the company’s stock after acquiring an additional 456,666 shares during the quarter.
Arrowstreet Capital Limited Partnership owned about 0.27% of Hillman Solutions worth $5,155,000 at the end of the most recent quarter. Several other hedge funds have also added to or reduced their stakes in HLMN.
Nordea Investment Management AB acquired a new position in Hillman Solutions during the 4th quarter valued at about $4,631,000. JPMorgan Chase & Co. lifted its holdings in Hillman Solutions by 5.
9% in the fourth quarter. JPMorgan Chase & Co. now owns 9,158,013 shares of the company’s stock valued at $89,199,000 after buying an additional 509,016 shares during the period.
Sanctuary Advisors LLC boosted its stake in Hillman Solutions by 20.0% in the third quarter. Sanctuary Advisors LLC now owns 31,653 shares of the company’s stock valued at $357,000 after acquiring an additional 5,273 shares during the last quarter.
Charles Schwab Investment Management Inc. grew its holdings in Hillman Solutions by 3.0% during the 4th quarter.
Charles Schwab Investment Management Inc. now owns 2,489,110 shares of the company’s stock worth $24,244,000 after acquiring an additional 73,216 shares during the period. Finally, Intech Investment Management LLC raised its position in shares of Hillman Solutions by 108.
9% during the 4th quarter. Intech Investment Management LLC now owns 66,158 shares of the company’s stock valued at $644,000 after acquiring an additional 34,485 shares during the last quarter. Institutional investors own 98.
11% of the company’s stock. Analysts Set New Price Targets A number of equities research analysts recently commented on HLMN shares. Robert W.
Baird decreased their price objective on Hillman Solutions from $14.00 to $12.00 and set an “outperform” rating for the company in a research note on Wednesday, February 19th.
Benchmark reaffirmed a “buy” rating and issued a $16.00 price target on shares of Hillman Solutions in a research note on Wednesday, February 19th. William Blair lowered shares of Hillman Solutions from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 2nd.
Finally, Barclays lowered their target price on shares of Hillman Solutions from $12.00 to $11.00 and set an “equal weight” rating for the company in a research note on Thursday, January 16th.
Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Hillman Solutions currently has an average rating of “Moderate Buy” and an average target price of $13.
00. Hillman Solutions Trading Down 6.4 % NASDAQ HLMN opened at $7.
50 on Tuesday. Hillman Solutions Corp has a one year low of $7.35 and a one year high of $12.
08. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.
32 and a quick ratio of 0.76. The firm has a market cap of $1.
48 billion, a P/E ratio of 93.76 and a beta of 1.67.
The stock’s 50-day moving average is $9.53 and its 200-day moving average is $10.16.
Hillman Solutions ( NASDAQ:HLMN – Get Free Report ) last announced its earnings results on Tuesday, February 18th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.
11 by ($0.01). Hillman Solutions had a return on equity of 8.
79% and a net margin of 1.17%. The company had revenue of $349.
56 million for the quarter, compared to analyst estimates of $350.45 million. During the same quarter last year, the business posted $0.
10 earnings per share. Sell-side analysts anticipate that Hillman Solutions Corp will post 0.58 earnings per share for the current fiscal year.
Hillman Solutions Company Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding HLMN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Hillman Solutions Corp ( NASDAQ:HLMN – Free Report ). Receive News & Ratings for Hillman Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hillman Solutions and related companies with MarketBeat.com's FREE daily email newsletter .
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