Hyster-Yale Materials Handling, Inc. (NYSE:HY) Holdings Lifted by Amundi

Amundi boosted its position in shares of Hyster-Yale Materials Handling, Inc. (NYSE:HY) by 111.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,400 shares of the industrial products company’s stock after purchasing an additional 2,321 shares during the period. Amundi’s holdings in Hyster-Yale Materials Handling were worth $221,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. A&I Financial Services LLC acquired a new stake in Hyster-Yale Materials Handling during the fourth quarter valued at $492,000. Barclays PLC boosted its position in Hyster-Yale Materials Handling by 19.0% during the third quarter. Barclays PLC now owns 26,492 shares of the industrial products company’s stock valued at $1,690,000 after purchasing an additional 4,226 shares during the last quarter. FMR LLC boosted its position in Hyster-Yale Materials Handling by 31.9% during the third quarter. FMR LLC now owns 51,280 shares of the industrial products company’s stock valued at $3,270,000 after purchasing an additional 12,390 shares during the last quarter. Hussman Strategic Advisors Inc. acquired a new stake in Hyster-Yale Materials Handling during the fourth quarter valued at $321,000. Finally, Martingale Asset Management L P acquired a new stake in shares of Hyster-Yale Materials Handling in the third quarter worth about $675,000. Institutional investors and hedge funds own 46.47% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Hyster-Yale Materials Handling from a “buy” rating to a “hold” rating in a research report on Friday, March 7th.

Hyster-Yale Materials Handling Price Performance

Shares of NYSE:HY opened at $44.74 on Friday. Hyster-Yale Materials Handling, Inc. has a fifty-two week low of $42.59 and a fifty-two week high of $84.44. The business has a 50-day moving average of $50.53 and a two-hundred day moving average of $55.43. The stock has a market capitalization of $791.68 million, a P/E ratio of 5.02 and a beta of 1.27. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.36 and a quick ratio of 0.61.

Hyster-Yale Materials Handling Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a $0.35 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.13%. Hyster-Yale Materials Handling’s dividend payout ratio is currently 17.37%.

Hyster-Yale Materials Handling Profile

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.