ExodusPoint Capital Management LP Invests $425,000 in Hillman Solutions Corp (NASDAQ:HLMN)

ExodusPoint Capital Management LP purchased a new position in shares of Hillman Solutions Corp (NASDAQ:HLMN - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 43,654 shares of the company's stock, valued at approximately $425,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in Hillman Solutions by 5.9% during the 4th quarter. JPMorgan Chase & Co. now owns 9,158,013 shares of the company's stock valued at $89,199,000 after purchasing an additional 509,016 shares during the period. Reinhart Partners LLC. boosted its position in shares of Hillman Solutions by 1.7% during the fourth quarter. Reinhart Partners LLC. now owns 7,612,474 shares of the company's stock worth $74,145,000 after buying an additional 130,273 shares during the period. Geode Capital Management LLC grew its holdings in Hillman Solutions by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 4,753,174 shares of the company's stock worth $50,203,000 after buying an additional 113,692 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Hillman Solutions by 3.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,489,110 shares of the company's stock valued at $24,244,000 after acquiring an additional 73,216 shares during the period. Finally, Harbor Capital Advisors Inc. raised its stake in Hillman Solutions by 1.7% during the 4th quarter. Harbor Capital Advisors Inc. now owns 1,637,883 shares of the company's stock valued at $15,953,000 after acquiring an additional 26,832 shares in the last quarter. 98.11% of the stock is owned by institutional investors.

Hillman Solutions Stock Up 1.1 %

Shares of HLMN traded up $0.08 during midday trading on Friday, reaching $7.63. 1,426,098 shares of the stock were exchanged, compared to its average volume of 962,283. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 95.39 and a beta of 1.67. The firm has a 50 day simple moving average of $9.06 and a 200-day simple moving average of $9.97. Hillman Solutions Corp has a 12-month low of $7.24 and a 12-month high of $12.08. The company has a quick ratio of 0.76, a current ratio of 2.32 and a debt-to-equity ratio of 0.62.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.01). The business had revenue of $349.56 million for the quarter, compared to analyst estimates of $350.45 million. Hillman Solutions had a return on equity of 8.79% and a net margin of 1.17%. During the same quarter last year, the company earned $0.10 EPS. Research analysts forecast that Hillman Solutions Corp will post 0.58 EPS for the current year.

Analyst Ratings Changes

HLMN has been the subject of a number of research analyst reports. William Blair downgraded Hillman Solutions from an "outperform" rating to a "market perform" rating in a research report on Thursday, January 2nd. Barclays decreased their target price on shares of Hillman Solutions from $11.00 to $8.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Baird R W cut shares of Hillman Solutions from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Robert W. Baird reiterated a "neutral" rating and set a $9.00 price target (down previously from $12.00) on shares of Hillman Solutions in a report on Wednesday. Finally, Benchmark reissued a "buy" rating and issued a $16.00 price objective on shares of Hillman Solutions in a research note on Wednesday, February 19th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $11.50.

About Hillman Solutions

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.