Hamilton Beach Brands Holding (NYSE:HBB) Shares Acquired by Ritholtz Wealth Management

Ritholtz Wealth Management boosted its holdings in Hamilton Beach Brands Holding (NYSE:HBB) by 32.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 54,321 shares of the company’s stock after buying an additional 13,233 shares during the period. Ritholtz Wealth Management owned 0.38% of Hamilton Beach Brands worth $1,653,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Sei Investments Co. acquired a new stake in Hamilton Beach Brands in the 2nd quarter worth about $181,000. XTX Topco Ltd purchased a new position in shares of Hamilton Beach Brands in the 2nd quarter worth about $178,000. Renaissance Technologies LLC raised its holdings in shares of Hamilton Beach Brands by 79.0% in the 2nd quarter. Renaissance Technologies LLC now owns 34,007 shares of the company’s stock worth $585,000 after purchasing an additional 15,007 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Hamilton Beach Brands by 5.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 365,369 shares of the company’s stock valued at $6,280,000 after buying an additional 19,555 shares during the period. Finally, WINTON GROUP Ltd purchased a new stake in shares of Hamilton Beach Brands during the 2nd quarter valued at about $204,000. 50.55% of the stock is owned by institutional investors and hedge funds.

Hamilton Beach Brands Stock Performance

Shares of NYSE:HBB opened at $30.85 on Monday. The company has a market cap of $436.40 million, a P/E ratio of 14.90 and a beta of 0.94. Hamilton Beach Brands Holding has a one year low of $10.88 and a one year high of $31.05. The business’s 50-day simple moving average is $28.25 and its 200 day simple moving average is $22.84.

Hamilton Beach Brands (NYSE:HBB) last issued its earnings results on Wednesday, July 31st. The company reported $0.42 EPS for the quarter. The company had revenue of $156.24 million during the quarter. Hamilton Beach Brands had a return on equity of 24.54% and a net margin of 5.39%.

Hamilton Beach Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend was Tuesday, September 3rd. Hamilton Beach Brands’s payout ratio is currently 22.22%.

About Hamilton Beach Brands

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.