Campbell & CO Investment Adviser LLC Trims Stake in Hillman Solutions Corp. $HLMN

Campbell & CO Investment Adviser LLC lowered its holdings in shares of Hillman Solutions Corp. (NASDAQ:HLMN) by 53.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 110,527 shares of the company’s stock after selling 129,433 shares during the quarter. Campbell & CO Investment Adviser LLC owned 0.06% of Hillman Solutions worth $1,015,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of HLMN. CWM LLC grew its holdings in Hillman Solutions by 106.3% during the 3rd quarter. CWM LLC now owns 3,441 shares of the company’s stock worth $32,000 after acquiring an additional 1,773 shares in the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Hillman Solutions during the second quarter valued at $75,000. Entropy Technologies LP grew its stake in Hillman Solutions by 17.8% during the 2nd quarter. Entropy Technologies LP now owns 13,100 shares of the company’s stock valued at $94,000 after purchasing an additional 1,977 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in shares of Hillman Solutions in the third quarter worth about $104,000. Finally, Bayesian Capital Management LP acquired a new position in Hillman Solutions in the 2nd quarter worth approximately $104,000. 98.11% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HLMN has been the topic of several analyst reports. Canaccord Genuity Group reaffirmed a “buy” rating and set a $15.00 target price on shares of Hillman Solutions in a report on Monday, November 24th. Wall Street Zen upgraded Hillman Solutions from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Hillman Solutions in a research note on Friday, January 9th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Hillman Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $11.83.

Hillman Solutions Price Performance

Shares of HLMN stock opened at $9.95 on Monday. The firm’s 50-day moving average is $8.94 and its two-hundred day moving average is $9.08. Hillman Solutions Corp. has a 12 month low of $6.55 and a 12 month high of $10.64. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.46 and a quick ratio of 0.77. The company has a market capitalization of $1.96 billion, a PE ratio of 52.37 and a beta of 1.65.

Hillman Solutions (NASDAQ:HLMN) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.18 by $0.04. The firm had revenue of $424.94 million for the quarter, compared to analyst estimates of $425.00 million. Hillman Solutions had a net margin of 2.44% and a return on equity of 9.71%. Analysts predict that Hillman Solutions Corp. will post 0.58 earnings per share for the current year.

Hillman Solutions Company Profile

Hillman Solutions (NASDAQ:HLMN) is a leading provider of hardware and related products to the home improvement, retail, industrial and manufacturing markets. The company’s portfolio encompasses key duplication systems and security solutions, hardware essentials such as fasteners and anchors, signage and labeling products, and outdoor and seasonal items. Hillman’s product offerings are sold through a network of major home improvement retailers, wholesalers, independent distributors and other specialty outlets.

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman grew from a family-run enterprise into a global supplier of hardware solutions.