Natixis Advisors LLC Sells 119,813 Shares of Hillman Solutions Corp (NASDAQ:HLMN)

Natixis Advisors LLC reduced its position in shares of Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 4.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,392,413 shares of the company's stock after selling 119,813 shares during the period. Natixis Advisors LLC owned about 1.22% of Hillman Solutions worth $23,302,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Reinhart Partners LLC. raised its stake in shares of Hillman Solutions by 1.7% in the fourth quarter. Reinhart Partners LLC. now owns 7,612,474 shares of the company's stock valued at $74,145,000 after acquiring an additional 130,273 shares during the last quarter. Geode Capital Management LLC increased its holdings in Hillman Solutions by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 4,753,174 shares of the company's stock valued at $50,203,000 after purchasing an additional 113,692 shares in the last quarter. Charles Schwab Investment Management Inc. raised 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 purchasing an additional 73,216 shares during the last quarter. Harbor Capital Advisors Inc. boosted its stake in Hillman Solutions by 1.7% in the fourth quarter. Harbor Capital Advisors Inc. now owns 1,637,883 shares of the company's stock worth $15,953,000 after purchasing an additional 26,832 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Hillman Solutions during the fourth quarter worth $11,318,000. 98.11% of the stock is currently owned by institutional investors and hedge funds.

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Hillman Solutions Trading Down 0.1 %

NASDAQ:HLMN traded down $0.01 on Friday, hitting $8.98. 1,669,521 shares of the stock were exchanged, compared to its average volume of 874,056. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of 112.26 and a beta of 1.68. 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 52 week low of $8.43 and a 52 week high of $12.08. The company's 50-day moving average price is $9.86 and its 200 day moving average price is $10.26.

Hillman Solutions (NASDAQ:HLMN - Get Free Report) last posted its quarterly 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 return on equity of 8.79% and a net margin of 1.17%. The business had revenue of $349.56 million for the quarter, compared to the consensus estimate of $350.45 million. During the same period last year, the firm earned $0.10 earnings per share. On average, equities research analysts forecast that Hillman Solutions Corp will post 0.58 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on HLMN. William Blair cut Hillman Solutions from an "outperform" rating to a "market perform" rating in a report on Thursday, January 2nd. Barclays lowered their price objective on shares of Hillman Solutions from $12.00 to $11.00 and set an "equal weight" rating for the company in a research report on Thursday, January 16th. Robert W. Baird reduced their target price on shares of Hillman Solutions from $14.00 to $12.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 19th. Finally, Benchmark reissued a "buy" rating and set a $16.00 price target on shares of Hillman Solutions in a research note on Wednesday, February 19th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $13.60.

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.