American Century Companies Inc. Has $3.31 Million Stock Holdings in Hamilton Beach Brands Holding (NYSE:HBB)

American Century Companies Inc. lifted its position in shares of Hamilton Beach Brands Holding (NYSE:HBB - Free Report) by 22.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 196,723 shares of the company's stock after purchasing an additional 35,742 shares during the period. American Century Companies Inc. owned 1.44% of Hamilton Beach Brands worth $3,311,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. MetLife Investment Management LLC lifted its holdings in shares of Hamilton Beach Brands by 129.1% during the third quarter. MetLife Investment Management LLC now owns 5,074 shares of the company's stock worth $154,000 after buying an additional 2,859 shares in the last quarter. Jane Street Group LLC bought a new position in Hamilton Beach Brands during the third quarter worth about $219,000. BNP Paribas Financial Markets raised its stake in Hamilton Beach Brands by 310.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 7,870 shares of the company's stock worth $239,000 after purchasing an additional 5,952 shares in the last quarter. Walleye Capital LLC bought a new stake in Hamilton Beach Brands in the 3rd quarter valued at about $306,000. Finally, Navellier & Associates Inc. grew its position in shares of Hamilton Beach Brands by 67.1% during the 4th quarter. Navellier & Associates Inc. now owns 26,233 shares of the company's stock worth $442,000 after purchasing an additional 10,535 shares in the last quarter. 50.55% of the stock is owned by institutional investors and hedge funds.

Hamilton Beach Brands Stock Performance

Shares of HBB stock traded up $0.40 during trading on Friday, hitting $17.50. The company had a trading volume of 64,414 shares, compared to its average volume of 55,820. The firm has a market capitalization of $236.44 million, a P/E ratio of 9.31 and a beta of 0.59. Hamilton Beach Brands Holding has a one year low of $14.34 and a one year high of $31.78. The stock's 50-day moving average price is $18.43 and its 200 day moving average price is $20.51.

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Hamilton Beach Brands (NYSE:HBB - Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported $1.75 earnings per share for the quarter. The firm had revenue of $213.51 million during the quarter. Hamilton Beach Brands had a return on equity of 17.90% and a net margin of 4.06%.

Hamilton Beach Brands Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Monday, March 3rd were issued a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 2.63%. The ex-dividend date of this dividend was Monday, March 3rd. Hamilton Beach Brands's dividend payout ratio is currently 20.63%.

About Hamilton Beach Brands

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.