Prudential Financial Inc. Lowers Stock Position in Hillman Solutions Corp (NASDAQ:HLMN)

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Prudential Financial Inc. cut its position in Hillman Solutions Corp (NASDAQ:HLMN – Free Report) by 15.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,705 shares of the company’s stock after selling 8,057 shares during the quarter. Prudential Financial Inc.’s holdings [...]

Prudential Financial Inc. cut its position in Hillman Solutions Corp (NASDAQ:HLMN – Free Report) by 15.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

The institutional investor owned 43,705 shares of the company’s stock after selling 8,057 shares during the quarter. Prudential Financial Inc.’s holdings in Hillman Solutions were worth $470,000 as of its most recent filing with the Securities and Exchange Commission.



Other institutional investors and hedge funds also recently bought and sold shares of the company. LPL Financial LLC raised its stake in shares of Hillman Solutions by 35.5% in the fourth quarter.

LPL Financial LLC now owns 195,187 shares of the company’s stock valued at $1,901,000 after acquiring an additional 51,085 shares in the last quarter. Fox Run Management L.L.

C. increased its stake in Hillman Solutions by 198.5% in the fourth quarter.

Fox Run Management L.L.C.

now owns 37,874 shares of the company’s stock valued at $369,000 after purchasing an additional 25,185 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of Hillman Solutions during the 4th quarter worth approximately $409,000. Teacher Retirement System of Texas grew its position in shares of Hillman Solutions by 456.

3% in the 4th quarter. Teacher Retirement System of Texas now owns 197,036 shares of the company’s stock valued at $1,919,000 after buying an additional 161,615 shares during the last quarter. Finally, Xponance Inc.

grew its position in shares of Hillman Solutions by 10.1% in the 4th quarter. Xponance Inc.

now owns 14,106 shares of the company’s stock valued at $137,000 after buying an additional 1,297 shares during the last quarter. 98.11% of the stock is currently owned by hedge funds and other institutional investors.

Hillman Solutions Price PerformanceShares of NASDAQ:HLMN opened at $7.89 on Thursday. Hillman Solutions Corp has a 12 month low of $7.

24 and a 12 month high of $12.08. The firm has a market capitalization of $1.

56 billion, a price-to-earnings ratio of 98.64 and a beta of 1.67.

The business’s 50 day simple moving average is $9.33 and its 200-day simple moving average is $10.09.

The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.

76. Hillman Solutions (NASDAQ:HLMN – Get Free Report) last posted its earnings results on Tuesday, February 18th. The company reported $0.

10 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.01).

The business had revenue of $349.56 million for the quarter, compared to analysts’ expectations of $350.45 million.

Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%.

During the same quarter last year, the business posted $0.10 earnings per share. As a group, equities analysts forecast that Hillman Solutions Corp will post 0.

58 earnings per share for the current fiscal year. Analyst Ratings ChangesHLMN has been the topic of several research reports. Barclays dropped their price objective on Hillman Solutions from $11.

00 to $8.00 and set an “equal weight” rating on the stock in a report on Tuesday. Robert W.

Baird cut their price target 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.

William Blair downgraded Hillman Solutions from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 2nd. Finally, Benchmark reissued a “buy” rating and issued a $16.00 price target on shares of Hillman Solutions in a report on Wednesday, February 19th.

Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $12.25.

View Our Latest Stock Report on HLMNHillman 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.Read MoreFive stocks we like better than Hillman Solutions3 Grocery Stocks That Are Proving They Are Still Essential Quantum Computing: The $6.

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