Hamilton Beach Brands (NYSE:HBB) Trading Down 4.4%

Hamilton Beach Brands Holding (NYSE:HBB)’s stock price dropped 4.4% during trading on Wednesday . The stock traded as low as $21.69 and last traded at $21.79. Approximately 26,447 shares were traded during trading, a decline of 40% from the average daily volume of 44,405 shares. The stock had previously closed at $22.78.

Hamilton Beach Brands Trading Down 4.4 %

The stock has a market capitalization of $303.25 million, a price-to-earnings ratio of 12.04 and a beta of 0.89. The company’s 50 day moving average is $21.40 and its 200 day moving average is $17.70. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.15 and a current ratio of 2.05.

Hamilton Beach Brands (NYSE:HBB) last released its earnings results on Wednesday, March 6th. The company reported $1.40 EPS for the quarter. The firm had revenue of $206.65 million during the quarter. Hamilton Beach Brands had a net margin of 4.03% and a return on equity of 19.73%.

Hamilton Beach Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Monday, March 4th were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date was Friday, March 1st. Hamilton Beach Brands’s dividend payout ratio is 24.31%.

Hedge Funds Weigh In On Hamilton Beach Brands

Hedge funds have recently made changes to their positions in the business. Citigroup Inc. acquired a new position in shares of Hamilton Beach Brands in the 3rd quarter valued at $29,000. Barclays PLC increased its position in shares of Hamilton Beach Brands by 67.4% during the 3rd quarter. Barclays PLC now owns 9,292 shares of the company’s stock worth $116,000 after purchasing an additional 3,741 shares in the last quarter. O Shaughnessy Asset Management LLC acquired a new stake in shares of Hamilton Beach Brands during the 3rd quarter worth about $133,000. Ritholtz Wealth Management acquired a new stake in shares of Hamilton Beach Brands during the 4th quarter worth about $210,000. Finally, Crestwood Advisors Group LLC acquired a new stake in shares of Hamilton Beach Brands during the 3rd quarter worth about $191,000. Institutional investors and hedge funds own 50.55% of the company’s stock.

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.