Renaissance Technologies LLC Buys 5,628 Shares of Hamilton Beach Brands Holding (NYSE:HBB)

Renaissance Technologies LLC boosted its position in shares of Hamilton Beach Brands Holding (NYSE:HBB) by 13.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,900 shares of the company’s stock after acquiring an additional 5,628 shares during the period. Renaissance Technologies LLC owned approximately 0.34% of Hamilton Beach Brands worth $789,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of HBB. PNC Financial Services Group Inc. lifted its position in Hamilton Beach Brands by 65.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 48,932 shares of the company’s stock worth $824,000 after purchasing an additional 19,382 shares during the period. Jane Street Group LLC bought a new stake in Hamilton Beach Brands in the third quarter valued at about $219,000. Barclays PLC raised its position in Hamilton Beach Brands by 79.3% in the third quarter. Barclays PLC now owns 16,112 shares of the company’s stock worth $491,000 after purchasing an additional 7,125 shares in the last quarter. Bank of New York Mellon Corp raised its position in Hamilton Beach Brands by 22.8% in the fourth quarter. Bank of New York Mellon Corp now owns 116,253 shares of the company’s stock worth $1,957,000 after purchasing an additional 21,591 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in Hamilton Beach Brands by 5.0% during the fourth quarter. Empowered Funds LLC now owns 43,740 shares of the company’s stock worth $736,000 after purchasing an additional 2,083 shares during the period. Institutional investors own 50.55% of the company’s stock.

Hamilton Beach Brands Trading Down 22.8 %

HBB stock opened at $15.29 on Friday. The firm has a market cap of $206.58 million, a P/E ratio of 8.13 and a beta of 0.59. Hamilton Beach Brands Holding has a 1-year low of $14.34 and a 1-year high of $31.78. The business’s 50 day moving average is $18.92 and its 200-day moving average is $19.47.

Hamilton Beach Brands (NYSE:HBB) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.13 earnings per share (EPS) for the quarter. The company 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend was Monday, March 3rd. Hamilton Beach Brands’s payout ratio is 20.63%.

About Hamilton Beach Brands

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.