Arrowstreet Capital Limited Partnership Takes Position in Hamilton Beach Brands Holding Co (HBB)

Arrowstreet Capital Limited Partnership purchased a new position in Hamilton Beach Brands Holding Co (NYSE:HBB) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 68,334 shares of the company’s stock, valued at approximately $1,756,000.

Several other institutional investors have also bought and sold shares of HBB. Bowling Portfolio Management LLC bought a new position in shares of Hamilton Beach Brands in the 4th quarter worth about $267,000. Swiss National Bank bought a new position in shares of Hamilton Beach Brands in the 4th quarter worth about $277,000. KBC Group NV bought a new position in shares of Hamilton Beach Brands in the 4th quarter worth about $312,000. LSV Asset Management bought a new position in shares of Hamilton Beach Brands in the 4th quarter worth about $313,000. Finally, Wells Fargo & Company MN bought a new position in shares of Hamilton Beach Brands in the 4th quarter worth about $334,000. Institutional investors own 34.03% of the company’s stock.

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A number of research firms have recently issued reports on HBB. Zacks Investment Research downgraded shares of Hamilton Beach Brands from a “buy” rating to a “hold” rating in a research report on Tuesday. Robert W. Baird began coverage on shares of Hamilton Beach Brands in a research report on Tuesday, November 14th. They issued a “neutral” rating and a $29.00 price target on the stock.

Shares of Hamilton Beach Brands Holding Co (HBB) opened at $24.26 on Friday. Hamilton Beach Brands Holding Co has a 52-week low of $23.97 and a 52-week high of $41.00. The company has a quick ratio of 0.47, a current ratio of 1.20 and a debt-to-equity ratio of 1.39.

The company also recently disclosed a Not Available dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be given a $0.085 dividend. The ex-dividend date is Wednesday, February 28th. This represents a yield of 1.33%.

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Hamilton Beach Brands Profile

Hamilton Beach Brands Holding Company is a holding company for two separate businesses: consumer, commercial and specialty small appliances and specialty retail. The Company is a designer, marketer, and distributor of branded small electric household and specialty housewares appliances as well as commercial products for restaurants, bars and hotels.

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Institutional Ownership by Quarter for Hamilton Beach Brands (NYSE:HBB)

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