Trust Point Inc. Has $287,000 Stock Holdings in Hillman Solutions Corp (NASDAQ:HLMN)

Trust Point Inc. decreased its stake in Hillman Solutions Corp (NASDAQ:HLMN - Free Report) by 48.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,482 shares of the company's stock after selling 28,048 shares during the period. Trust Point Inc.'s holdings in Hillman Solutions were worth $287,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Harbor Capital Advisors Inc. lifted its stake in shares of Hillman Solutions by 131.2% in the third quarter. Harbor Capital Advisors Inc. now owns 1,611,051 shares of the company's stock valued at $17,013,000 after buying an additional 914,151 shares during the period. Reinhart Partners LLC. raised its holdings in Hillman Solutions by 7.2% in the 3rd quarter. Reinhart Partners LLC. now owns 7,482,201 shares of the company's stock valued at $79,012,000 after acquiring an additional 503,809 shares in the last quarter. Nordea Investment Management AB acquired a new position in Hillman Solutions in the 4th quarter valued at approximately $4,631,000. Barclays PLC lifted its position in shares of Hillman Solutions by 326.8% in the 3rd quarter. Barclays PLC now owns 305,468 shares of the company's stock worth $3,226,000 after acquiring an additional 233,894 shares during the period. Finally, Geode Capital Management LLC grew its holdings in shares of Hillman Solutions by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 4,753,174 shares of the company's stock worth $50,203,000 after purchasing an additional 113,692 shares in the last quarter. Institutional investors own 98.11% of the company's stock.

Insider Buying and Selling at Hillman Solutions

In other news, Director Philip Woodlief sold 19,779 shares of the stock in a transaction on Friday, December 6th. The stock was sold at an average price of $11.18, for a total transaction of $221,129.22. Following the sale, the director now owns 55,811 shares in the company, valued at approximately $623,966.98. This represents a 26.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Scott Ride sold 72,523 shares of Hillman Solutions stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $10.66, for a total value of $773,095.18. Following the completion of the transaction, the insider now directly owns 70,369 shares of the company's stock, valued at $750,133.54. This represents a 50.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 5.10% of the company's stock.

Hillman Solutions Price Performance

Shares of HLMN traded up $0.07 during trading hours on Monday, hitting $10.10. The stock had a trading volume of 583,896 shares, compared to its average volume of 740,942. The stock has a market capitalization of $1.99 billion, a price-to-earnings ratio of 252.56 and a beta of 1.68. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.76. The company's fifty day moving average is $10.17 and its two-hundred day moving average is $10.24. Hillman Solutions Corp has a 52 week low of $8.43 and a 52 week high of $12.08.

Analyst Upgrades and Downgrades

HLMN has been the subject of several research reports. William Blair cut Hillman Solutions from an "outperform" rating to a "market perform" rating in a research report on Thursday, January 2nd. Benchmark increased their price objective on shares of Hillman Solutions from $13.00 to $16.00 and gave the company a "buy" rating in a research note on Friday, December 13th. Robert W. Baird lifted their target price on shares of Hillman Solutions from $12.00 to $14.00 and gave the company an "outperform" rating in a research report on Wednesday, November 6th. Canaccord Genuity Group increased their price target on shares of Hillman Solutions from $12.00 to $13.00 and gave the stock a "buy" rating in a research report on Wednesday, October 16th. Finally, Barclays cut their price target on shares of Hillman Solutions from $12.00 to $11.00 and set an "equal weight" rating for the company in a research note on Thursday, January 16th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $14.00.

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.