5,212 Shares in Hamilton Beach Brands Holding (NYSE:HBB) Bought by Deutsche Bank AG

Deutsche Bank AG bought a new position in shares of Hamilton Beach Brands Holding (NYSE:HBB) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 5,212 shares of the company’s stock, valued at approximately $88,000.

Several other hedge funds and other institutional investors have also modified their holdings of HBB. American Century Companies Inc. raised its holdings in Hamilton Beach Brands by 22.2% during the fourth quarter. American Century Companies Inc. now owns 196,723 shares of the company’s stock worth $3,311,000 after purchasing an additional 35,742 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Hamilton Beach Brands by 8.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 394,819 shares of the company’s stock worth $6,645,000 after acquiring an additional 29,460 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Hamilton Beach Brands by 22.8% in the 4th quarter. Bank of New York Mellon Corp now owns 116,253 shares of the company’s stock worth $1,957,000 after acquiring an additional 21,591 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of 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 acquiring an additional 19,382 shares during the last quarter. Finally, Navellier & Associates Inc. lifted its stake in shares of Hamilton Beach Brands by 67.1% in the fourth quarter. Navellier & Associates Inc. now owns 26,233 shares of the company’s stock valued at $442,000 after buying an additional 10,535 shares during the period. 50.55% of the stock is owned by institutional investors and hedge funds.

Hamilton Beach Brands Stock Performance

NYSE:HBB opened at $18.61 on Wednesday. The company has a 50-day moving average of $17.82 and a 200-day moving average of $17.95. Hamilton Beach Brands Holding has a 52 week low of $13.25 and a 52 week high of $31.78. The company has a market capitalization of $254.74 million, a price-to-earnings ratio of 9.90 and a beta of 0.32.

Hamilton Beach Brands (NYSE:HBB) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.13 EPS for the quarter. Hamilton Beach Brands had a net margin of 4.06% and a return on equity of 17.90%. The firm had revenue of $133.37 million for the quarter.

Hamilton Beach Brands Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.58%. This is a positive change from Hamilton Beach Brands’s previous quarterly dividend of $0.12. Hamilton Beach Brands’s dividend payout ratio (DPR) is currently 19.67%.

Hamilton Beach Brands Company 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.