First Manhattan Co. Continues to Hold Stake in Huttig Building Products, Inc. (NASDAQ:HBP)
First Manhattan Co. maintained its position in shares of Huttig Building Products, Inc. (NASDAQ:HBP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,000 shares of the company’s stock at the end of the second quarter. First Manhattan Co.’s holdings in Huttig Building Products were worth $175,000 at the end of the most recent quarter.
Shares of Huttig Building Products, Inc. (NASDAQ HBP) opened at 5.53 on Friday. The stock has a 50 day moving average price of $6.66 and a 200-day moving average price of $7.15. Huttig Building Products, Inc. has a 52-week low of $4.65 and a 52-week high of $9.24. The firm has a market capitalization of $143.07 million, a PE ratio of 25.37 and a beta of 1.75.
Huttig Building Products (NASDAQ:HBP) last issued its quarterly earnings data on Tuesday, August 1st. The company reported $0.09 EPS for the quarter. The firm had revenue of $198.70 million during the quarter. Huttig Building Products had a return on equity of 10.21% and a net margin of 0.79%. Equities analysts forecast that Huttig Building Products, Inc. will post $0.24 EPS for the current year.
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Separately, TheStreet cut Huttig Building Products from a “b-” rating to a “c” rating in a research report on Tuesday, August 1st.
Huttig Building Products Company Profile
Huttig Building Products, Inc is a domestic distributor of millwork, building materials and wood products used principally in residential construction and in home improvement, remodeling and repair work. The Company purchases from manufacturers and distributes its products through approximately 26 wholesale distribution centers serving over 41 states.
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