Hamilton Beach Brands Holding Co (HBB) Director Gregory H. Trepp Acquires 6,000 Shares

Hamilton Beach Brands Holding Co (NYSE:HBB) Director Gregory H. Trepp purchased 6,000 shares of the stock in a transaction that occurred on Friday, May 10th. The shares were purchased at an average cost of $16.86 per share, for a total transaction of $101,160.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

HBB opened at $17.74 on Tuesday. The company has a current ratio of 1.35, a quick ratio of 0.59 and a debt-to-equity ratio of 0.51. The firm has a market cap of $232.00 million, a price-to-earnings ratio of 11.16 and a beta of -0.28. Hamilton Beach Brands Holding Co has a 52-week low of $16.22 and a 52-week high of $31.30.

Hamilton Beach Brands (NYSE:HBB) last posted its quarterly earnings data on Thursday, April 25th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by ($0.05). The company had revenue of $145.38 million for the quarter. Hamilton Beach Brands had a net margin of 2.76% and a return on equity of 35.71%. On average, research analysts anticipate that Hamilton Beach Brands Holding Co will post 1.75 earnings per share for the current fiscal year.



The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 2.03%. This is an increase from Hamilton Beach Brands’s previous quarterly dividend of $0.09. The ex-dividend date is Thursday, May 30th. Hamilton Beach Brands’s dividend payout ratio (DPR) is presently 21.38%.

Several equities analysts have issued reports on HBB shares. Zacks Investment Research raised shares of Hamilton Beach Brands from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Friday, January 18th. TheStreet downgraded shares of Hamilton Beach Brands from a “c-” rating to a “d” rating in a report on Thursday, April 4th.

A number of institutional investors and hedge funds have recently bought and sold shares of HBB. BNP Paribas Arbitrage SA raised its position in shares of Hamilton Beach Brands by 9,721.4% in the first quarter. BNP Paribas Arbitrage SA now owns 1,375 shares of the company’s stock valued at $30,000 after buying an additional 1,361 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in shares of Hamilton Beach Brands in the fourth quarter valued at about $115,000. Bank of America Corp DE raised its position in shares of Hamilton Beach Brands by 39.3% in the fourth quarter. Bank of America Corp DE now owns 6,035 shares of the company’s stock valued at $141,000 after buying an additional 1,703 shares during the last quarter. First Trust Advisors LP acquired a new stake in shares of Hamilton Beach Brands in the fourth quarter valued at about $219,000. Finally, Rhumbline Advisers acquired a new stake in shares of Hamilton Beach Brands in the fourth quarter valued at about $228,000. 39.15% of the stock is currently owned by institutional investors and hedge funds.

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Hamilton Beach Brands Company Profile

Hamilton Beach Brands Holding Company, together with its subsidiaries, operates in the consumer, commercial, specialty small appliance, and specialty retail market in the United States and internationally. It designs, markets, and distributes a range of small branded electric household and specialty housewares small appliances, including blenders, can openers, coffeemakers, food processors, indoor electric grills, irons, mixers, slow cookers, toasters, and toaster ovens, as well as commercial products for restaurants, bars, and hotels under the Hamilton Beach Commercial and Proctor Silex Commercial brands.

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