D Orazio & Associates Inc. bought a new stake in shares of Hamilton Beach Brands Holding (NYSE:HBB – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 7,964 shares of the company’s stock, valued at approximately $242,000.
Other hedge funds also recently modified their holdings of the company. XTX Topco Ltd acquired a new position in Hamilton Beach Brands during the second quarter valued at $178,000. Sei Investments Co. acquired a new position in shares of Hamilton Beach Brands in the 2nd quarter valued at about $181,000. Lazard Asset Management LLC increased its holdings in shares of Hamilton Beach Brands by 4,150.3% in the 1st quarter. Lazard Asset Management LLC now owns 8,033 shares of the company’s stock valued at $195,000 after purchasing an additional 7,844 shares during the period. WINTON GROUP Ltd purchased a new stake in shares of Hamilton Beach Brands in the second quarter worth approximately $204,000. Finally, Privium Fund Management UK Ltd acquired a new stake in shares of Hamilton Beach Brands during the second quarter worth approximately $356,000. Hedge funds and other institutional investors own 50.55% of the company’s stock.
Hamilton Beach Brands Trading Down 0.9 %
HBB stock traded down $0.19 during midday trading on Wednesday, reaching $20.22. The company had a trading volume of 9,071 shares, compared to its average volume of 56,364. The company has a 50 day moving average of $28.52 and a two-hundred day moving average of $23.48. The company has a market capitalization of $277.01 million, a P/E ratio of 10.86 and a beta of 0.94. Hamilton Beach Brands Holding has a 1 year low of $13.55 and a 1 year high of $31.78.
Hamilton Beach Brands Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.115 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $0.46 annualized dividend and a dividend yield of 2.27%. Hamilton Beach Brands’s dividend payout ratio is 24.47%.
About Hamilton Beach Brands
Hamilton Beach Brands Holding Company, together with its subsidiaries, designs, markets, and distributes small electric household and specialty housewares appliances in the United States and internationally. It offers air fryers, blenders, coffee makers, food processors, indoor electric grills, irons, juicers, mixers, slow cookers, toasters, and toaster ovens.
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