1 week Ago By Defense World Staff
Corebridge Financial Inc. decreased its position in shares of Hyster-Yale Materials Handling, Inc. (NYSE:HY – Free Report) by 7.
0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,696 shares of the industrial products company’s stock after selling 430 shares during the period. Corebridge Financial Inc.
’s holdings in Hyster-Yale Materials Handling were worth $290,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS acquired a new position in shares of Hyster-Yale Materials Handling in the 4th quarter valued at $76,000.
US Bancorp DE increased its stake in Hyster-Yale Materials Handling by 29.1% in the fourth quarter. US Bancorp DE now owns 1,726 shares of the industrial products company’s stock valued at $88,000 after purchasing an additional 389 shares during the period.
Quantbot Technologies LP raised its holdings in shares of Hyster-Yale Materials Handling by 1,613.2% in the fourth 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 during the last quarter.
Amundi boosted its stake in shares of Hyster-Yale Materials Handling by 111.6% during the fourth quarter. Amundi now owns 4,400 shares of the industrial products company’s stock worth $221,000 after buying an additional 2,321 shares during the period.
Finally, Bailard Inc. grew its holdings in shares of Hyster-Yale Materials Handling by 15.9% during the fourth quarter.
Bailard Inc. now owns 5,100 shares of the industrial products company’s stock worth $260,000 after buying an additional 700 shares during the last quarter. Hedge funds and other institutional investors own 46.
47% of the company’s stock. Hyster-Yale Materials Handling Stock Down 4.8 %HY stock opened at $37.
32 on Friday. The stock has a market capitalization of $660.45 million, a PE ratio of 4.
19 and a beta of 1.32. The company has a fifty day moving average of $46.
35 and a 200-day moving average of $53.27. The company has a debt-to-equity ratio of 0.
46, a quick ratio of 0.61 and a current ratio of 1.36.
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 Dividend AnnouncementThe company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a $0.
35 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.
40 dividend on an annualized basis and a yield of 3.75%. Hyster-Yale Materials Handling’s payout ratio is currently 17.
37%. Analyst Ratings ChangesSeparately, StockNews.com cut Hyster-Yale Materials Handling from a “buy” rating to a “hold” rating in a research report on Friday, March 7th.
Read Our Latest Stock Analysis on HYHyster-Yale Materials Handling Company Profile (Free Report)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.
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