Huttig Building Products Inc (NASDAQ:HBP) Shares Acquired by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC lifted its position in shares of Huttig Building Products Inc (NASDAQ:HBP) by 53.6% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 15,940 shares of the company’s stock after purchasing an additional 5,561 shares during the quarter. Tower Research Capital LLC TRC owned about 0.06% of Huttig Building Products worth $34,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of HBP. Cutter & CO Brokerage Inc. purchased a new position in Huttig Building Products in the second quarter valued at about $26,000. BlackRock Inc. raised its holdings in shares of Huttig Building Products by 9.2% during the 2nd quarter. BlackRock Inc. now owns 80,767 shares of the company’s stock valued at $208,000 after buying an additional 6,787 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Huttig Building Products by 2.5% during the 2nd quarter. Renaissance Technologies LLC now owns 320,106 shares of the company’s stock valued at $826,000 after buying an additional 7,800 shares during the period. Vanguard Group Inc. raised its holdings in shares of Huttig Building Products by 9.4% during the 2nd quarter. Vanguard Group Inc. now owns 630,025 shares of the company’s stock valued at $1,625,000 after buying an additional 54,100 shares during the period. Finally, Mill Road Capital Management LLC lifted its position in Huttig Building Products by 12.7% during the 2nd quarter. Mill Road Capital Management LLC now owns 1,901,911 shares of the company’s stock worth $4,907,000 after acquiring an additional 214,910 shares in the last quarter. 45.01% of the stock is owned by hedge funds and other institutional investors.

In other Huttig Building Products news, CMO David Fishbein sold 23,378 shares of the business’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $2.01, for a total value of $46,989.78. Following the transaction, the chief marketing officer now owns 175,669 shares in the company, valued at approximately $353,094.69. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 10.65% of the company’s stock.

HBP opened at $1.91 on Friday. The firm’s 50 day moving average is $2.02 and its 200-day moving average is $2.30. Huttig Building Products Inc has a 52-week low of $1.57 and a 52-week high of $3.69. The company has a current ratio of 2.55, a quick ratio of 1.08 and a debt-to-equity ratio of 3.53.

Huttig Building Products (NASDAQ:HBP) last announced its earnings results on Monday, October 28th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.17). The firm had revenue of $215.70 million during the quarter. Huttig Building Products had a negative net margin of 2.32% and a negative return on equity of 33.83%.

Separately, ValuEngine upgraded Huttig Building Products from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd.

Huttig Building Products Profile

Huttig Building Products, Inc, together with its subsidiaries, distributes millwork, building materials, and wood products for new residential construction, home improvement, remodeling, and repair work in the United States. The company offers various millwork products, including exterior and interior doors, pre-hung and factory finished door units, windows, patio doors, mouldings, frames, stair parts, and columns under the Therma-Tru, Masonite, Woodgrain, HB&G, Simpson Door, Final Frame, BrasPine, Arauco, Windsor Windows, and Rogue Valley Door brands.

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Institutional Ownership by Quarter for Huttig Building Products (NASDAQ:HBP)

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