Walleye Capital LLC Acquires New Position in Hamilton Beach Brands Holding (NYSE:HBB)

Walleye Capital LLC acquired a new stake in shares of Hamilton Beach Brands Holding (NYSE:HBB) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 10,044 shares of the company’s stock, valued at approximately $306,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. MetLife Investment Management LLC lifted its holdings in shares of Hamilton Beach Brands by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 5,074 shares of the company’s stock worth $154,000 after acquiring an additional 2,859 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of Hamilton Beach Brands in the 2nd quarter worth approximately $178,000. Sei Investments Co. acquired a new position in shares of Hamilton Beach Brands in the 2nd quarter worth approximately $181,000. WINTON GROUP Ltd acquired a new stake in Hamilton Beach Brands during the 2nd quarter worth approximately $204,000. Finally, BNP Paribas Financial Markets lifted its holdings in Hamilton Beach Brands by 310.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 7,870 shares of the company’s stock worth $239,000 after buying an additional 5,952 shares in the last quarter. 50.55% of the stock is currently owned by institutional investors and hedge funds.

Hamilton Beach Brands Stock Down 2.5 %

Hamilton Beach Brands stock opened at $17.80 on Wednesday. The firm has a market cap of $243.95 million, a PE ratio of 9.47 and a beta of 0.84. Hamilton Beach Brands Holding has a 52-week low of $14.34 and a 52-week high of $31.78. The company’s 50 day moving average is $24.61 and its two-hundred day moving average is $23.38.

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

Hamilton Beach Brands Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Monday, December 2nd will be given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.58%. The ex-dividend date of this dividend is Monday, December 2nd. Hamilton Beach Brands’s dividend payout ratio (DPR) is 24.47%.

Hamilton Beach Brands 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.