Fuller & Thaler Asset Management Inc. Sells 2,158 Shares of Hyster-Yale Materials Handling, Inc. (NYSE:HY)

Fuller & Thaler Asset Management Inc. trimmed its position in shares of Hyster-Yale Materials Handling, Inc. (NYSE:HY) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 218,061 shares of the industrial products company’s stock after selling 2,158 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 1.25% of Hyster-Yale Materials Handling worth $11,106,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. Meeder Asset Management Inc. raised its position in Hyster-Yale Materials Handling by 421.8% in the 4th quarter. Meeder Asset Management Inc. now owns 741 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 599 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in shares of Hyster-Yale Materials Handling in the fourth quarter worth approximately $76,000. US Bancorp DE raised its holdings in shares of Hyster-Yale Materials Handling by 29.1% in the fourth quarter. US Bancorp DE now owns 1,726 shares of the industrial products company’s stock worth $88,000 after buying an additional 389 shares during the period. CANADA LIFE ASSURANCE Co boosted its holdings in Hyster-Yale Materials Handling by 164.5% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 2,468 shares of the industrial products company’s stock valued at $125,000 after acquiring an additional 1,535 shares during the period. Finally, Tower Research Capital LLC TRC boosted its holdings in Hyster-Yale Materials Handling by 17.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,018 shares of the industrial products company’s stock valued at $154,000 after acquiring an additional 448 shares during the period. Institutional investors own 46.47% of the company’s stock.

Hyster-Yale Materials Handling Stock Performance

Shares of NYSE:HY opened at $39.07 on Friday. The firm’s 50 day simple moving average is $43.48 and its 200-day simple moving average is $51.60. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.61 and a current ratio of 1.36. Hyster-Yale Materials Handling, Inc. has a one year low of $34.13 and a one year high of $84.44. The firm has a market cap of $691.42 million, a PE ratio of 4.38 and a beta of 1.32.

Hyster-Yale Materials Handling Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date was Friday, February 28th. Hyster-Yale Materials Handling’s dividend payout ratio (DPR) is presently 17.37%.

Analyst Ratings Changes

Separately, StockNews.com downgraded Hyster-Yale Materials Handling from a “buy” rating to a “hold” rating in a research report on Friday, March 7th.

About Hyster-Yale Materials Handling

Hyster-Yale, Inc, through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. The company manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. It markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships.