Canada Pension Plan Investment Board boosted its stake in shares of Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 2,642.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,300 shares of the company's stock after purchasing an additional 68,700 shares during the quarter. Canada Pension Plan Investment Board's holdings in Hillman Solutions were worth $694,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Mariner LLC grew its stake in shares of Hillman Solutions by 21.0% in the fourth quarter. Mariner LLC now owns 49,314 shares of the company's stock valued at $480,000 after acquiring an additional 8,548 shares in the last quarter. Barclays PLC raised its position in shares of Hillman Solutions by 11.2% in the fourth quarter. Barclays PLC now owns 339,733 shares of the company's stock valued at $3,309,000 after buying an additional 34,265 shares in the last quarter. Sterling Capital Management LLC boosted its stake in shares of Hillman Solutions by 765.8% in the fourth quarter. Sterling Capital Management LLC now owns 5,169 shares of the company's stock valued at $50,000 after buying an additional 4,572 shares during the period. Zuckerman Investment Group LLC grew its position in Hillman Solutions by 41.4% during the fourth quarter. Zuckerman Investment Group LLC now owns 1,149,110 shares of the company's stock worth $11,169,000 after buying an additional 336,576 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in Hillman Solutions by 162.6% in the 4th quarter. Renaissance Technologies LLC now owns 465,129 shares of the company's stock valued at $4,530,000 after acquiring an additional 288,000 shares in the last quarter. 98.11% of the stock is currently owned by institutional investors and hedge funds.
Hillman Solutions Price Performance
HLMN traded down $0.43 on Tuesday, reaching $7.14. The stock had a trading volume of 2,990,225 shares, compared to its average volume of 998,512. The firm has a 50-day moving average of $8.69 and a 200-day moving average of $9.85. Hillman Solutions Corp has a fifty-two week low of $7.06 and a fifty-two week high of $12.08. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 89.32 and a beta of 1.67. The company has a current ratio of 2.32, a quick ratio of 0.76 and a debt-to-equity ratio of 0.62.
Hillman Solutions (NASDAQ:HLMN - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $0.10 EPS for the quarter, hitting analysts' consensus estimates of $0.10. Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%. The company's revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.10 EPS. As a group, sell-side analysts anticipate that Hillman Solutions Corp will post 0.58 EPS for the current year.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on the company. Benchmark reissued a "buy" rating and set a $16.00 target price on shares of Hillman Solutions in a report on Wednesday, February 19th. Baird R W cut shares of Hillman Solutions from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 16th. Barclays decreased their price objective on shares of 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. William Blair lowered Hillman Solutions from an "outperform" rating to a "market perform" rating in a research note on Thursday, January 2nd. Finally, Robert W. Baird restated a "neutral" rating and set a $9.00 price objective (down from $12.00) on shares of Hillman Solutions in a research report on Wednesday, April 16th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $11.50.
Check Out Our Latest Report on Hillman Solutions
About Hillman Solutions
(
Free Report)
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.
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