Los Angeles Capital Management LLC Decreases Holdings in Hamilton Beach Brands Holding (NYSE:HBB)

Los Angeles Capital Management LLC trimmed its stake in shares of Hamilton Beach Brands Holding (NYSE:HBBGet Rating) by 56.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,766 shares of the company’s stock after selling 21,533 shares during the period. Los Angeles Capital Management LLC owned 0.12% of Hamilton Beach Brands worth $208,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Copeland Capital Management LLC lifted its stake in shares of Hamilton Beach Brands by 108.2% in the second quarter. Copeland Capital Management LLC now owns 3,109 shares of the company’s stock worth $39,000 after buying an additional 1,616 shares in the last quarter. Denali Advisors LLC lifted its stake in shares of Hamilton Beach Brands by 41.7% in the second quarter. Denali Advisors LLC now owns 3,400 shares of the company’s stock worth $42,000 after buying an additional 1,000 shares in the last quarter. Covestor Ltd purchased a new position in shares of Hamilton Beach Brands in the first quarter worth about $83,000. McDonald Partners LLC purchased a new position in shares of Hamilton Beach Brands in the second quarter worth about $152,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Hamilton Beach Brands by 30.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 20,421 shares of the company’s stock worth $238,000 after buying an additional 4,748 shares in the last quarter. 57.92% of the stock is owned by hedge funds and other institutional investors.

Hamilton Beach Brands Stock Performance

NYSE:HBB opened at $14.00 on Monday. Hamilton Beach Brands Holding has a twelve month low of $9.18 and a twelve month high of $18.43. The company has a market cap of $194.33 million, a P/E ratio of 6.36 and a beta of 0.63. The company’s 50-day moving average price is $11.76 and its 200-day moving average price is $11.42. The company has a current ratio of 2.55, a quick ratio of 0.80 and a debt-to-equity ratio of 1.24.

Hamilton Beach Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 15th. Investors of record on Thursday, September 1st were given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 3.00%. The ex-dividend date was Wednesday, August 31st. Hamilton Beach Brands’s payout ratio is currently 19.09%.

Hamilton Beach Brands Company Profile

(Get Rating)

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, food processors, coffee makers, indoor electric grills, irons, juicers, mixers, slow cookers, toasters, and toaster ovens.

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Institutional Ownership by Quarter for Hamilton Beach Brands (NYSE:HBB)

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