Hillman Solutions Corp. $HLMN Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its position in Hillman Solutions Corp. (NASDAQ:HLMN) by 21.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 281,501 shares of the company’s stock after selling 76,617 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.14% of Hillman Solutions worth $2,376,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of HLMN. MGO One Seven LLC grew its position in shares of Hillman Solutions by 3.8% during the 4th quarter. MGO One Seven LLC now owns 30,074 shares of the company’s stock valued at $260,000 after acquiring an additional 1,109 shares during the period. MQS Management LLC boosted its position in Hillman Solutions by 11.1% during the fourth quarter. MQS Management LLC now owns 14,084 shares of the company’s stock worth $122,000 after purchasing an additional 1,406 shares in the last quarter. Wealth Alliance LLC grew its holdings in Hillman Solutions by 4.7% in the first quarter. Wealth Alliance LLC now owns 38,726 shares of the company’s stock valued at $322,000 after purchasing an additional 1,733 shares during the period. ProShare Advisors LLC grew its holdings in Hillman Solutions by 6.9% in the fourth quarter. ProShare Advisors LLC now owns 36,213 shares of the company’s stock valued at $314,000 after purchasing an additional 2,332 shares during the period. Finally, California State Teachers Retirement System grew its holdings in Hillman Solutions by 1.4% in the second quarter. California State Teachers Retirement System now owns 181,427 shares of the company’s stock valued at $1,295,000 after purchasing an additional 2,522 shares during the period. 98.11% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on HLMN shares. Jefferies Financial Group raised Hillman Solutions to a “strong-buy” rating in a research note on Thursday. Weiss Ratings raised shares of Hillman Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 4th. Canaccord Genuity Group dropped their price target on shares of Hillman Solutions from $14.00 to $13.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Finally, Barclays boosted their price target on shares of Hillman Solutions from $10.00 to $11.00 and gave the stock an “equal weight” rating in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Hillman Solutions presently has an average rating of “Moderate Buy” and an average target price of $12.67.

Hillman Solutions Stock Performance

Shares of Hillman Solutions stock opened at $6.98 on Friday. The company has a current ratio of 2.71, a quick ratio of 0.87 and a debt-to-equity ratio of 0.55. Hillman Solutions Corp. has a twelve month low of $6.91 and a twelve month high of $10.85. The firm has a market capitalization of $1.36 billion, a PE ratio of 31.73, a P/E/G ratio of 0.98 and a beta of 1.38. The firm’s 50-day moving average price is $8.12 and its 200 day moving average price is $8.06.

Hillman Solutions (NASDAQ:HLMN) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.17 EPS for the quarter, hitting the consensus estimate of $0.17. Hillman Solutions had a return on equity of 9.11% and a net margin of 2.57%.The company had revenue of $442.25 million during the quarter, compared to analyst estimates of $433.67 million. On average, sell-side analysts predict that Hillman Solutions Corp. will post 0.6 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Amanda Kitzberger sold 13,750 shares of the stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $7.25, for a total value of $99,687.50. Following the completion of the transaction, the insider directly owned 58,855 shares of the company’s stock, valued at approximately $426,698.75. This represents a 18.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Aaron Parker sold 17,381 shares of the firm’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $8.57, for a total value of $148,955.17. Following the completion of the transaction, the insider owned 54,723 shares in the company, valued at $468,976.11. The trade was a 24.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 5.30% of the company’s stock.

Hillman Solutions Company Profile

Hillman Solutions (NASDAQ:HLMN) is a leading provider of hardware and related products to the home improvement, retail, industrial and manufacturing markets. The company’s portfolio encompasses key duplication systems and security solutions, hardware essentials such as fasteners and anchors, signage and labeling products, and outdoor and seasonal items. Hillman’s product offerings are sold through a network of major home improvement retailers, wholesalers, independent distributors and other specialty outlets.

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman grew from a family-run enterprise into a global supplier of hardware solutions.