6 days Ago By ABMN Staff
Geode Capital Management LLC reduced its position in Hillman Solutions Corp ( NASDAQ:HLMN – Free Report ) by 0.6% in the fourth quarter, Holdings Channel.com reports.
The fund owned 4,724,348 shares of the company’s stock after selling 28,826 shares during the period. Geode Capital Management LLC’s holdings in Hillman Solutions were worth $46,025,000 as of its most recent SEC filing. A number of other hedge funds also recently added to or reduced their stakes in the company.
Raymond James Financial Inc. purchased a new stake in shares of Hillman Solutions during the fourth quarter valued at $11,318,000. JPMorgan Chase & Co.
lifted its stake in Hillman Solutions by 5.9% during the 4th quarter. JPMorgan Chase & Co.
now owns 9,158,013 shares of the company’s stock valued at $89,199,000 after acquiring an additional 509,016 shares during the period. Nordea Investment Management AB bought a new stake in shares of Hillman Solutions in the fourth quarter worth approximately $4,631,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Hillman Solutions by 629.
3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 529,235 shares of the company’s stock valued at $5,155,000 after purchasing an additional 456,666 shares during the last quarter. Finally, Barclays PLC lifted its position in Hillman Solutions by 326.
8% during the third quarter. Barclays PLC now owns 305,468 shares of the company’s stock valued at $3,226,000 after purchasing an additional 233,894 shares during the period. 98.
11% of the stock is currently owned by hedge funds and other institutional investors. Hillman Solutions Stock Performance Shares of HLMN opened at $7.73 on Tuesday.
The business has a 50-day simple moving average of $9.20 and a two-hundred day simple moving average of $10.02.
The company has a quick ratio of 0.76, a current ratio of 2.32 and a debt-to-equity ratio of 0.
62. Hillman Solutions Corp has a 52 week low of $7.24 and a 52 week high of $12.
08. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 96.
64 and a beta of 1.67. Analysts Set New Price Targets A number of equities research analysts have commented on the stock.
Barclays cut their target price on shares of Hillman Solutions from $11.00 to $8.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 8th.
William Blair downgraded Hillman Solutions from an “outperform” rating to a “market perform” rating in a report on Thursday, January 2nd. Benchmark restated a “buy” rating and set a $16.00 price target on shares of Hillman Solutions in a research note on Wednesday, February 19th.
Finally, Robert W. Baird lowered their price objective on shares of Hillman Solutions from $14.00 to $12.
00 and set an “outperform” rating on the stock in a research note on Wednesday, February 19th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.
com, the company has an average rating of “Moderate Buy” and an average price target of $12.25. Read Our Latest Research Report on Hillman Solutions About Hillman Solutions ( 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. Featured Articles 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 ).
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