American Century Companies Inc. Raises Stock Holdings in Hamilton Beach Brands Holding (NYSE:HBB)

American Century Companies Inc. raised its stake in Hamilton Beach Brands Holding (NYSE:HBB) by 22.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 196,723 shares of the company’s stock after buying an additional 35,742 shares during the quarter. American Century Companies Inc.’s holdings in Hamilton Beach Brands were worth $3,311,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of HBB. BNP Paribas Financial Markets grew its stake in Hamilton Beach Brands by 310.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 7,870 shares of the company’s stock worth $239,000 after buying an additional 5,952 shares during the last quarter. MetLife Investment Management LLC grew its stake in shares of Hamilton Beach Brands by 129.1% during the third quarter. MetLife Investment Management LLC now owns 5,074 shares of the company’s stock worth $154,000 after acquiring an additional 2,859 shares during the last quarter. Walleye Capital LLC acquired a new position in shares of Hamilton Beach Brands during the third quarter valued at about $306,000. Jane Street Group LLC purchased a new position in shares of Hamilton Beach Brands in the 3rd quarter valued at approximately $219,000. Finally, Barclays PLC grew its position in Hamilton Beach Brands by 79.3% during the 3rd quarter. Barclays PLC now owns 16,112 shares of the company’s stock worth $491,000 after purchasing an additional 7,125 shares during the last quarter. 50.55% of the stock is owned by hedge funds and other institutional investors.

Hamilton Beach Brands Trading Up 1.7 %

NYSE HBB opened at $18.49 on Monday. Hamilton Beach Brands Holding has a 12-month low of $14.34 and a 12-month high of $31.78. The company has a fifty day simple moving average of $18.40 and a two-hundred day simple moving average of $20.97. The stock has a market cap of $249.95 million, a P/E ratio of 9.84 and a beta of 0.59.

Hamilton Beach Brands (NYSE:HBB) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $1.75 earnings per share (EPS) for the quarter. The company had revenue of $213.51 million during the quarter. Hamilton Beach Brands had a net margin of 4.06% and a return on equity of 17.90%.

Hamilton Beach Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were given a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date of this dividend was Monday, March 3rd. Hamilton Beach Brands’s dividend payout ratio (DPR) is presently 20.63%.

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.