Dynamic Technology Lab Private Ltd Acquires New Holdings in Hillman Solutions Corp (NASDAQ:HLMN)

Dynamic Technology Lab Private Ltd bought a new position in shares of Hillman Solutions Corp (NASDAQ:HLMN - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 69,262 shares of the company's stock, valued at approximately $675,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. R Squared Ltd bought a new stake in shares of Hillman Solutions during the fourth quarter worth approximately $32,000. Quarry LP bought a new stake in Hillman Solutions in the 3rd quarter valued at $43,000. Venturi Wealth Management LLC boosted its stake in Hillman Solutions by 1,337.4% in the 4th quarter. Venturi Wealth Management LLC now owns 6,986 shares of the company's stock valued at $68,000 after purchasing an additional 6,500 shares during the period. Jones Financial Companies Lllp grew its holdings in Hillman Solutions by 285.7% in the 4th quarter. Jones Financial Companies Lllp now owns 7,985 shares of the company's stock valued at $78,000 after buying an additional 5,915 shares in the last quarter. Finally, Entropy Technologies LP bought a new position in Hillman Solutions during the 4th quarter worth $106,000. Institutional investors and hedge funds own 98.11% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Robert W. Baird reduced their target price on shares of Hillman Solutions from $14.00 to $12.00 and set an "outperform" rating for the company in a research report on Wednesday, February 19th. Benchmark reaffirmed a "buy" rating and set a $16.00 target price on shares of Hillman Solutions in a report on Wednesday, February 19th. William Blair cut Hillman Solutions from an "outperform" rating to a "market perform" rating in a research note on Thursday, January 2nd. Finally, Barclays lowered their price objective on Hillman Solutions from $11.00 to $8.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 8th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $12.25.

Hillman Solutions Price Performance

Shares of Hillman Solutions stock traded up $0.15 on Friday, reaching $7.71. 1,625,330 shares of the stock were exchanged, compared to its average volume of 950,055. The firm's 50 day moving average is $9.25 and its 200-day moving average is $10.04. The firm has a market cap of $1.52 billion, a PE ratio of 96.39 and a beta of 1.67. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.76 and a current ratio of 2.32. Hillman Solutions Corp has a one year low of $7.24 and a one year high of $12.08.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by ($0.01). Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%. The business had revenue of $349.56 million during the quarter, compared to analyst estimates of $350.45 million. During the same period in the prior year, the business posted $0.10 EPS. As a group, analysts anticipate that Hillman Solutions Corp will post 0.58 EPS for the current fiscal year.

Hillman Solutions Profile

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 40,000 locations. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers.