Hamilton Beach Brands Holding (NYSE:HBB) Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its holdings in shares of Hamilton Beach Brands Holding (NYSE:HBB - Free Report) by 22.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 116,253 shares of the company's stock after acquiring an additional 21,591 shares during the period. Bank of New York Mellon Corp owned about 0.85% of Hamilton Beach Brands worth $1,957,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Empowered Funds LLC raised its position in Hamilton Beach Brands by 60.8% during the 3rd quarter. Empowered Funds LLC now owns 41,657 shares of the company's stock valued at $1,268,000 after purchasing an additional 15,745 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Hamilton Beach Brands by 310.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 7,870 shares of the company's stock valued at $239,000 after acquiring an additional 5,952 shares during the period. MetLife Investment Management LLC raised its position 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 in the last quarter. Walleye Capital LLC bought a new stake in Hamilton Beach Brands during the third quarter valued at about $306,000. Finally, Jane Street Group LLC bought a new stake in shares of Hamilton Beach Brands in the 3rd quarter valued at about $219,000. 50.55% of the stock is currently owned by institutional investors.

Hamilton Beach Brands Stock Performance

HBB traded down $0.60 during trading on Tuesday, hitting $19.38. The stock had a trading volume of 36,540 shares, compared to its average volume of 54,211. The stock has a 50 day simple moving average of $18.07 and a two-hundred day simple moving average of $21.54. Hamilton Beach Brands Holding has a twelve month low of $14.34 and a twelve month high of $31.78. The company has a market capitalization of $261.93 million, a PE ratio of 10.31 and a beta of 0.71.

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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 EPS for the quarter. The company had revenue of $213.51 million during the quarter. Hamilton Beach Brands had a net margin of 4.06% and a return on equity of 17.90%.

Hamilton Beach Brands Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were issued a $0.115 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.46 annualized dividend and a yield of 2.37%. Hamilton Beach Brands's dividend payout ratio (DPR) is presently 20.63%.

Hamilton Beach Brands Company 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.