Hamilton Beach Brands Holding (NYSE:HBB) Holdings Decreased by Geode Capital Management LLC

Geode Capital Management LLC lessened its stake in Hamilton Beach Brands Holding (NYSE:HBB) by 11.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 161,985 shares of the company’s stock after selling 21,591 shares during the period. Geode Capital Management LLC owned 1.18% of Hamilton Beach Brands worth $4,930,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. MetLife Investment Management LLC boosted its stake in Hamilton Beach Brands by 129.1% during the third quarter. MetLife Investment Management LLC now owns 5,074 shares of the company’s stock valued at $154,000 after buying an additional 2,859 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in Hamilton Beach Brands by 310.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 7,870 shares of the company’s stock valued at $239,000 after acquiring an additional 5,952 shares during the last quarter. Barclays PLC boosted its position in shares of Hamilton Beach Brands by 79.3% during the 3rd quarter. Barclays PLC now owns 16,112 shares of the company’s stock valued at $491,000 after purchasing an additional 7,125 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Hamilton Beach Brands in the 3rd quarter worth approximately $219,000. Finally, D Orazio & Associates Inc. bought a new stake in shares of Hamilton Beach Brands in the 3rd quarter worth approximately $242,000. Institutional investors and hedge funds own 50.55% of the company’s stock.

Hamilton Beach Brands Stock Performance

Shares of NYSE:HBB opened at $16.58 on Friday. The stock has a market capitalization of $227.15 million, a price-to-earnings ratio of 8.82 and a beta of 0.84. Hamilton Beach Brands Holding has a 1-year low of $14.34 and a 1-year high of $31.78. The company has a 50 day moving average price of $19.81 and a 200 day moving average price of $23.08.

Hamilton Beach Brands (NYSE:HBB) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $156.67 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were paid a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date was Monday, December 2nd. Hamilton Beach Brands’s dividend payout ratio is presently 24.47%.

Hamilton Beach Brands 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.