8,679 Shares in Hyster-Yale Materials Handling, Inc. (NYSE:HY) Purchased by XTX Topco Ltd

XTX Topco Ltd acquired a new position in shares of Hyster-Yale Materials Handling, Inc. (NYSE:HY - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 8,679 shares of the industrial products company's stock, valued at approximately $442,000.

Several other hedge funds also recently made changes to their positions in the company. Meeder Asset Management Inc. raised its holdings in Hyster-Yale Materials Handling by 421.8% during the fourth quarter. Meeder Asset Management Inc. now owns 741 shares of the industrial products company's stock worth $38,000 after purchasing an additional 599 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of Hyster-Yale Materials Handling in the 4th quarter valued at approximately $76,000. US Bancorp DE boosted its stake in shares of Hyster-Yale Materials Handling by 29.1% in the fourth quarter. US Bancorp DE now owns 1,726 shares of the industrial products company's stock valued at $88,000 after buying an additional 389 shares in the last quarter. Quantbot Technologies LP grew its holdings in Hyster-Yale Materials Handling by 1,613.2% during the fourth quarter. Quantbot Technologies LP now owns 3,238 shares of the industrial products company's stock worth $165,000 after acquiring an additional 3,049 shares during the period. Finally, Amundi lifted its holdings in Hyster-Yale Materials Handling by 111.6% in the fourth quarter. Amundi now owns 4,400 shares of the industrial products company's stock valued at $221,000 after acquiring an additional 2,321 shares during the period. Institutional investors and hedge funds own 46.47% of the company's stock.

Hyster-Yale Materials Handling Price Performance

HY stock traded up $0.49 during midday trading on Friday, hitting $39.61. 27,483 shares of the stock were exchanged, compared to its average volume of 84,970. The stock's 50-day moving average price is $43.48 and its 200-day moving average price is $51.60. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.61 and a current ratio of 1.36. The stock has a market cap of $700.98 million, a price-to-earnings ratio of 4.44 and a beta of 1.32. Hyster-Yale Materials Handling, Inc. has a fifty-two week low of $34.13 and a fifty-two week high of $84.44.

Hyster-Yale Materials Handling Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date of this dividend was Friday, February 28th. Hyster-Yale Materials Handling's payout ratio is currently 17.37%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Hyster-Yale Materials Handling from a "buy" rating to a "hold" rating in a research note on Friday, March 7th.

Hyster-Yale Materials Handling Profile

Hyster-Yale, Inc, through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. The company manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. It markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships.