2 days Ago By ABMN Staff
StockNews.com cut shares of Hyster-Yale Materials Handling ( NYSE:HY – Free Report ) from a buy rating to a hold rating in a research report report published on Wednesday morning. HY has been the subject of several other research reports.
Roth Mkm decreased their price target on shares of Hyster-Yale Materials Handling from $84.00 to $70.00 and set a “buy” rating for the company in a report on Wednesday.
Northland Capmk lowered shares of Hyster-Yale Materials Handling from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 7th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $80.
00. Check Out Our Latest Report on Hyster-Yale Materials Handling Hyster-Yale Materials Handling Price Performance Hyster-Yale Materials Handling ( NYSE:HY – Get Free Report ) last announced its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $0.
97 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.97 by ($1.00).
Hyster-Yale Materials Handling had a net margin of 3.68% and a return on equity of 34.77%.
The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.06 billion.
During the same period last year, the firm earned $2.06 EPS. As a group, analysts anticipate that Hyster-Yale Materials Handling will post 9.
69 earnings per share for the current year. Hyster-Yale Materials Handling Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 30th were paid a $0.
35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.
62%. The ex-dividend date was Friday, August 30th. Hyster-Yale Materials Handling’s payout ratio is presently 15.
71%. Hedge Funds Weigh In On Hyster-Yale Materials Handling A number of large investors have recently modified their holdings of HY. Jacobs Levy Equity Management Inc.
boosted its stake in shares of Hyster-Yale Materials Handling by 298.7% during the 1st quarter. Jacobs Levy Equity Management Inc.
now owns 132,136 shares of the industrial products company’s stock worth $8,479,000 after buying an additional 98,996 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Hyster-Yale Materials Handling by 149.
8% during the 2nd quarter. American Century Companies Inc. now owns 151,241 shares of the industrial products company’s stock worth $10,546,000 after buying an additional 90,696 shares during the last quarter.
Swedbank AB acquired a new position in shares of Hyster-Yale Materials Handling during the 1st quarter worth about $5,519,000. Acadian Asset Management LLC lifted its stake in Hyster-Yale Materials Handling by 63.7% in the 2nd quarter.
Acadian Asset Management LLC now owns 220,865 shares of the industrial products company’s stock valued at $15,390,000 after purchasing an additional 85,906 shares during the last quarter. Finally, Foundry Partners LLC acquired a new stake in Hyster-Yale Materials Handling in the 2nd quarter valued at about $5,046,000. 46.
47% of the stock is currently owned by institutional investors and hedge funds. About Hyster-Yale Materials Handling ( Get 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. Featured Articles Receive News & Ratings for Hyster-Yale Materials Handling Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hyster-Yale Materials Handling and related companies with MarketBeat.com's FREE daily email newsletter .
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