Hamilton Beach Brands Holding (NYSE:HBB) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its holdings in shares of Hamilton Beach Brands Holding (NYSE:HBB) by 24.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 52,296 shares of the company’s stock after purchasing an additional 10,439 shares during the period. Janney Montgomery Scott LLC owned 0.37% of Hamilton Beach Brands worth $1,591,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in HBB. XTX Topco Ltd purchased a new stake in Hamilton Beach Brands during the 2nd quarter worth approximately $178,000. Sei Investments Co. acquired a new stake in shares of Hamilton Beach Brands during the second quarter worth $181,000. Lazard Asset Management LLC grew its holdings in shares of Hamilton Beach Brands by 4,150.3% during the first quarter. Lazard Asset Management LLC now owns 8,033 shares of the company’s stock valued at $195,000 after buying an additional 7,844 shares during the last quarter. WINTON GROUP Ltd acquired a new position in shares of Hamilton Beach Brands in the 2nd quarter valued at $204,000. Finally, Privium Fund Management UK Ltd purchased a new position in Hamilton Beach Brands in the 2nd quarter worth $356,000. Hedge funds and other institutional investors own 50.55% of the company’s stock.

Hamilton Beach Brands Stock Performance

Hamilton Beach Brands stock opened at $20.57 on Friday. The business’s 50-day simple moving average is $28.21 and its two-hundred day simple moving average is $23.45. The company has a market cap of $281.91 million, a PE ratio of 10.95 and a beta of 0.94. Hamilton Beach Brands Holding has a fifty-two week low of $13.55 and a fifty-two week high of $31.78.

Hamilton Beach Brands (NYSE:HBB) last issued its earnings results on Wednesday, October 30th. The company reported $0.14 EPS for the quarter. Hamilton Beach Brands had a return on equity of 17.90% and a net margin of 4.06%. The firm had revenue of $156.67 million for the quarter.

Hamilton Beach Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.115 per share. The ex-dividend date was Tuesday, September 3rd. This represents a $0.46 annualized dividend and a dividend yield of 2.24%. Hamilton Beach Brands’s dividend payout ratio (DPR) is presently 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.