State of Wyoming Takes $220,000 Position in Hamilton Beach Brands Holding (NYSE:HBB)

State of Wyoming purchased a new stake in Hamilton Beach Brands Holding (NYSE:HBB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 13,100 shares of the company’s stock, valued at approximately $220,000. State of Wyoming owned about 0.10% of Hamilton Beach Brands as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Tower Research Capital LLC TRC lifted its stake in shares of Hamilton Beach Brands by 202.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,486 shares of the company’s stock valued at $25,000 after acquiring an additional 995 shares during the last quarter. Bridgeway Capital Management LLC increased its holdings in Hamilton Beach Brands by 1.2% in the fourth quarter. Bridgeway Capital Management LLC now owns 107,140 shares of the company’s stock valued at $1,803,000 after purchasing an additional 1,283 shares during the period. Barclays PLC increased its holdings in Hamilton Beach Brands by 11.0% in the fourth quarter. Barclays PLC now owns 17,884 shares of the company’s stock valued at $301,000 after purchasing an additional 1,772 shares during the period. Empowered Funds LLC increased its holdings in Hamilton Beach Brands by 5.0% in the fourth quarter. Empowered Funds LLC now owns 43,740 shares of the company’s stock valued at $736,000 after purchasing an additional 2,083 shares during the period. Finally, Bank of America Corp DE increased its holdings in Hamilton Beach Brands by 27.1% in the fourth quarter. Bank of America Corp DE now owns 10,450 shares of the company’s stock valued at $176,000 after purchasing an additional 2,229 shares during the period. 50.55% of the stock is currently owned by institutional investors.

Hamilton Beach Brands Stock Down 1.1%

NYSE HBB opened at $17.72 on Friday. The company has a market capitalization of $242.55 million, a price-to-earnings ratio of 9.42 and a beta of 0.32. Hamilton Beach Brands Holding has a twelve month low of $13.25 and a twelve month high of $31.78. The stock has a fifty day simple moving average of $18.04 and a 200 day simple moving average of $18.08.

Hamilton Beach Brands (NYSE:HBB) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.13 earnings per share for the quarter. The business had revenue of $133.37 million during the quarter. Hamilton Beach Brands had a return on equity of 17.90% and a net margin of 4.06%.

Hamilton Beach Brands Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be issued a dividend of $0.12 per share. This is an increase from Hamilton Beach Brands’s previous quarterly dividend of $0.12. This represents a $0.48 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date is Friday, May 30th. Hamilton Beach Brands’s dividend payout ratio (DPR) is presently 19.67%.

Hamilton Beach Brands Company Profile

Hamilton Beach Brands Holding Company, together with its subsidiaries, designs, markets, and distributes small electric household and specialty housewares appliances in the United States and internationally. It offers air fryers, blenders, coffee makers, food processors, indoor electric grills, irons, juicers, mixers, slow cookers, toasters, and toaster ovens.