Hamilton Beach Brands Holding Co (NYSE:HBB) Director David F. Taplin sold 3,000 shares of Hamilton Beach Brands stock in a transaction on Monday, May 6th. The stock was sold at an average price of $17.22, for a total transaction of $51,660.00. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of NYSE:HBB opened at $17.04 on Friday. Hamilton Beach Brands Holding Co has a 12 month low of $16.22 and a 12 month high of $31.30. The company has a current ratio of 1.35, a quick ratio of 0.59 and a debt-to-equity ratio of 0.51. The firm has a market cap of $232.00 million, a P/E ratio of 11.24 and a beta of -0.28.
Hamilton Beach Brands (NYSE:HBB) last announced its quarterly earnings results on Thursday, April 25th. The company reported ($0.13) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by ($0.05). The company had revenue of $145.38 million for the quarter. Hamilton Beach Brands had a return on equity of 35.71% and a net margin of 2.76%. Equities analysts expect that Hamilton Beach Brands Holding Co will post 1.75 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be paid a $0.09 dividend. The ex-dividend date of this dividend is Thursday, May 30th. This is a positive change from Hamilton Beach Brands’s previous quarterly dividend of $0.09. This represents a $0.36 dividend on an annualized basis and a yield of 2.11%. Hamilton Beach Brands’s payout ratio is currently 21.38%.
Several equities research analysts recently commented on the stock. Zacks Investment Research upgraded shares of Hamilton Beach Brands from a “strong sell” rating to a “hold” rating in a research note on Wednesday. TheStreet lowered shares of Hamilton Beach Brands from a “c-” rating to a “d” rating in a research note on Thursday, April 4th.
A number of hedge funds and other institutional investors have recently bought and sold shares of HBB. Wells Fargo & Company MN increased its stake in Hamilton Beach Brands by 46.9% in the third quarter. Wells Fargo & Company MN now owns 18,586 shares of the company’s stock valued at $409,000 after purchasing an additional 5,937 shares during the period. BlackRock Inc. increased its stake in Hamilton Beach Brands by 11.7% in the third quarter. BlackRock Inc. now owns 575,374 shares of the company’s stock valued at $12,625,000 after purchasing an additional 60,400 shares during the period. Vanguard Group Inc. increased its stake in Hamilton Beach Brands by 4.6% in the third quarter. Vanguard Group Inc. now owns 371,260 shares of the company’s stock valued at $8,146,000 after purchasing an additional 16,475 shares during the period. Vanguard Group Inc increased its stake in Hamilton Beach Brands by 4.6% in the third quarter. Vanguard Group Inc now owns 371,260 shares of the company’s stock valued at $8,146,000 after purchasing an additional 16,475 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new position in Hamilton Beach Brands in the fourth quarter valued at $115,000. Institutional investors own 39.15% of the company’s stock.
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Hamilton Beach Brands Company Profile
Hamilton Beach Brands Holding Company, together with its subsidiaries, operates in the consumer, commercial, specialty small appliance, and specialty retail market in the United States and internationally. It designs, markets, and distributes a range of small branded electric household and specialty housewares small appliances, including blenders, can openers, coffeemakers, food processors, indoor electric grills, irons, mixers, slow cookers, toasters, and toaster ovens, as well as commercial products for restaurants, bars, and hotels under the Hamilton Beach Commercial and Proctor Silex Commercial brands.
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