Hamilton Beach Brands Holding (NYSE:HBB) Short Interest Update

Hamilton Beach Brands Holding (NYSE:HBB) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 284,800 shares, an increase of 8.3% from the December 15th total of 262,900 shares. Currently, 4.7% of the company’s stock are short sold. Based on an average daily volume of 54,600 shares, the days-to-cover ratio is presently 5.2 days.

Hamilton Beach Brands Stock Down 0.1 %

Shares of Hamilton Beach Brands stock opened at $17.48 on Tuesday. The company has a market cap of $239.48 million, a PE ratio of 9.30 and a beta of 0.87. Hamilton Beach Brands has a 52 week low of $14.34 and a 52 week high of $31.78. The business has a 50 day moving average price of $17.98 and a 200-day moving average price of $23.16.

Hamilton Beach Brands (NYSE:HBB) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.14 EPS for the quarter. The firm had revenue of $156.67 million during the quarter. Hamilton Beach Brands had a return on equity of 17.90% and a net margin of 4.06%.

Hamilton Beach Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Monday, December 2nd were paid a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 2.63%. The ex-dividend date of this dividend was Monday, December 2nd. Hamilton Beach Brands’s dividend payout ratio (DPR) is presently 24.47%.

Institutional Trading of Hamilton Beach Brands

A number of institutional investors and hedge funds have recently modified their holdings of HBB. American Century Companies Inc. increased its position in shares of Hamilton Beach Brands by 101.9% during the second quarter. American Century Companies Inc. now owns 118,355 shares of the company’s stock valued at $2,035,000 after acquiring an additional 59,726 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Hamilton Beach Brands by 5.7% during the second quarter. Dimensional Fund Advisors LP now owns 365,369 shares of the company’s stock valued at $6,280,000 after acquiring an additional 19,555 shares during the last quarter. Empowered Funds LLC increased its position in shares of Hamilton Beach Brands by 60.8% during the third quarter. Empowered Funds LLC now owns 41,657 shares of the company’s stock valued at $1,268,000 after acquiring an additional 15,745 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of Hamilton Beach Brands by 79.0% during the second quarter. Renaissance Technologies LLC now owns 34,007 shares of the company’s stock valued at $585,000 after acquiring an additional 15,007 shares during the last quarter. Finally, Ritholtz Wealth Management increased its position in shares of Hamilton Beach Brands by 32.2% during the third quarter. Ritholtz Wealth Management now owns 54,321 shares of the company’s stock valued at $1,653,000 after acquiring an additional 13,233 shares during the last quarter. 50.55% of the stock is owned by hedge funds and other institutional investors.

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.