Hillman Solutions Corp (NASDAQ:HLMN) Shares Acquired by Capstone Investment Advisors LLC

Capstone Investment Advisors LLC grew its position in Hillman Solutions Corp (NASDAQ:HLMNFree Report) by 23.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,398 shares of the company’s stock after buying an additional 4,004 shares during the quarter. Capstone Investment Advisors LLC’s holdings in Hillman Solutions were worth $228,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Hillman Solutions in the first quarter valued at $46,000. Counterpoint Mutual Funds LLC acquired a new stake in shares of Hillman Solutions in the first quarter valued at $140,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Hillman Solutions in the fourth quarter valued at $208,000. Bailard Inc. acquired a new stake in shares of Hillman Solutions in the fourth quarter valued at $215,000. Finally, Glenmede Trust Co. NA grew its stake in Hillman Solutions by 12.3% during the 3rd quarter. Glenmede Trust Co. NA now owns 33,259 shares of the company’s stock worth $274,000 after purchasing an additional 3,649 shares in the last quarter. 98.11% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Hillman Solutions

In other news, Director Aaron Jagdfeld sold 49,447 shares of the company’s stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $9.04, for a total transaction of $447,000.88. Following the completion of the transaction, the director now directly owns 197,031 shares of the company’s stock, valued at approximately $1,781,160.24. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 5.10% of the company’s stock.

Hillman Solutions Trading Up 0.5 %

NASDAQ:HLMN opened at $8.70 on Thursday. The stock has a 50-day simple moving average of $9.10 and a 200-day simple moving average of $9.34. The stock has a market cap of $1.71 billion, a P/E ratio of -869.13 and a beta of 1.66. Hillman Solutions Corp has a 1 year low of $6.02 and a 1 year high of $10.85. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.78 and a current ratio of 2.49.

Hillman Solutions (NASDAQ:HLMNGet Free Report) last released its quarterly earnings data on Tuesday, May 7th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.02. The business had revenue of $350.31 million during the quarter, compared to analysts’ expectations of $354.47 million. Hillman Solutions had a positive return on equity of 7.50% and a negative net margin of 0.13%. The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.06 EPS. As a group, analysts anticipate that Hillman Solutions Corp will post 0.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on HLMN shares. Robert W. Baird boosted their target price on Hillman Solutions from $10.00 to $11.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 8th. Stifel Nicolaus reissued a “buy” rating and set a $16.00 target price (up from $14.00) on shares of Hillman Solutions in a research note on Monday, April 1st. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Hillman Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $11.75.

Get Our Latest Report on HLMN

Hillman Solutions Profile

(Free Report)

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 40,000 locations. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers.

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Institutional Ownership by Quarter for Hillman Solutions (NASDAQ:HLMN)

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