BNP Paribas Financial Markets Acquires 5,952 Shares of Hamilton Beach Brands Holding (NYSE:HBB)

BNP Paribas Financial Markets raised its holdings in shares of Hamilton Beach Brands Holding (NYSE:HBB) by 310.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,870 shares of the company’s stock after purchasing an additional 5,952 shares during the quarter. BNP Paribas Financial Markets owned 0.06% of Hamilton Beach Brands worth $239,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Bank of New York Mellon Corp lifted its position in shares of Hamilton Beach Brands by 34.2% during the second quarter. Bank of New York Mellon Corp now owns 91,315 shares of the company’s stock valued at $1,570,000 after buying an additional 23,280 shares during the last quarter. Ritholtz Wealth Management raised its position in Hamilton Beach Brands by 39.2% during the 2nd quarter. Ritholtz Wealth Management now owns 41,088 shares of the company’s stock worth $706,000 after buying an additional 11,561 shares during the last quarter. Privium Fund Management UK Ltd purchased a new position in Hamilton Beach Brands during the 2nd quarter worth approximately $356,000. Acadian Asset Management LLC raised its position in Hamilton Beach Brands by 35.3% during the 2nd quarter. Acadian Asset Management LLC now owns 121,804 shares of the company’s stock worth $2,090,000 after buying an additional 31,762 shares during the last quarter. Finally, American Century Companies Inc. raised its position in Hamilton Beach Brands by 101.9% during the 2nd quarter. American Century Companies Inc. now owns 118,355 shares of the company’s stock worth $2,035,000 after buying an additional 59,726 shares during the last quarter. 50.55% of the stock is currently owned by institutional investors.

Hamilton Beach Brands Trading Up 0.7 %

HBB opened at $18.15 on Tuesday. The firm has a market capitalization of $248.75 million, a PE ratio of 9.65 and a beta of 0.84. Hamilton Beach Brands Holding has a 12-month low of $14.34 and a 12-month high of $31.78. The firm has a 50 day moving average of $23.89 and a two-hundred day moving average of $23.37.

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

Hamilton Beach Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were paid a dividend of $0.115 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.46 annualized dividend and a yield of 2.53%. Hamilton Beach Brands’s dividend payout ratio (DPR) is presently 24.47%.

Hamilton Beach Brands Company Profile

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.