Sei Investments Co. Acquires 507 Shares of Hyster-Yale Materials Handling, Inc. (NYSE:HY)

Sei Investments Co. grew its stake in Hyster-Yale Materials Handling, Inc. (NYSE:HY) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,210 shares of the industrial products company’s stock after purchasing an additional 507 shares during the quarter. Sei Investments Co. owned approximately 0.26% of Hyster-Yale Materials Handling worth $2,353,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. A&I Financial Services LLC bought a new stake in Hyster-Yale Materials Handling in the 4th quarter worth about $492,000. Barclays PLC increased its position in shares of 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 acquiring an additional 4,226 shares during the last quarter. FMR LLC boosted its position in Hyster-Yale Materials Handling by 31.9% in the third quarter. FMR LLC now owns 51,280 shares of the industrial products company’s stock worth $3,270,000 after purchasing an additional 12,390 shares during the last quarter. Hussman Strategic Advisors Inc. bought a new position in Hyster-Yale Materials Handling in the 4th quarter valued at $321,000. Finally, Empowered Funds LLC purchased a new stake in shares of Hyster-Yale Materials Handling during the 4th quarter valued at $1,243,000. 46.47% of the stock is currently owned by institutional investors.

Hyster-Yale Materials Handling Trading Down 0.4 %

Shares of HY opened at $36.90 on Friday. The firm has a market cap of $652.93 million, a P/E ratio of 4.14 and a beta of 1.32. Hyster-Yale Materials Handling, Inc. has a fifty-two week low of $34.92 and a fifty-two week high of $84.44. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.61 and a current ratio of 1.36. The business has a 50-day moving average of $48.27 and a 200 day moving average of $54.27.

Hyster-Yale Materials Handling Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.79%. The ex-dividend date of this dividend was Friday, February 28th. Hyster-Yale Materials Handling’s dividend payout ratio (DPR) is presently 17.37%.

Analyst Ratings Changes

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

About Hyster-Yale Materials Handling

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.