GSA Capital Partners LLP bought a new position in Hillman Solutions Corp. (NASDAQ:HLMN – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 100,190 shares of the company’s stock, valued at approximately $868,000. GSA Capital Partners LLP owned about 0.05% of Hillman Solutions as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of HLMN. UBS Group AG boosted its stake in shares of Hillman Solutions by 112.2% in the fourth quarter. UBS Group AG now owns 2,671,354 shares of the company’s stock worth $23,134,000 after buying an additional 1,412,693 shares during the last quarter. Kennedy Capital Management LLC purchased a new stake in shares of Hillman Solutions in the third quarter worth about $7,364,000. Marshall Wace LLP raised its holdings in Hillman Solutions by 729.9% in the 3rd quarter. Marshall Wace LLP now owns 838,728 shares of the company’s stock worth $7,700,000 after purchasing an additional 737,663 shares during the period. Anchor Capital Management Company LLC raised its holdings in Hillman Solutions by 102.5% in the 3rd quarter. Anchor Capital Management Company LLC now owns 1,417,772 shares of the company’s stock worth $13,015,000 after purchasing an additional 717,772 shares during the period. Finally, Qube Research & Technologies Ltd raised its holdings in Hillman Solutions by 86.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,492,352 shares of the company’s stock worth $10,655,000 after purchasing an additional 693,838 shares during the period. Hedge funds and other institutional investors own 98.11% of the company’s stock.
Insider Activity at Hillman Solutions
In other Hillman Solutions news, insider Amanda Kitzberger sold 11,804 shares of the stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $8.29, for a total transaction of $97,855.16. Following the completion of the transaction, the insider owned 72,605 shares of the company’s stock, valued at $601,895.45. This represents a 13.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.90% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on Hillman Solutions
Hillman Solutions Stock Performance
NASDAQ HLMN opened at $7.36 on Friday. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 38.74, a PEG ratio of 1.01 and a beta of 1.47. Hillman Solutions Corp. has a twelve month low of $6.55 and a twelve month high of $10.85. The company has a current ratio of 2.95, a quick ratio of 0.82 and a debt-to-equity ratio of 0.59. The stock has a 50-day moving average of $8.12 and a 200 day moving average of $8.74.
Hillman Solutions (NASDAQ:HLMN – Get Free Report) last released its quarterly earnings results on Monday, April 27th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). Hillman Solutions had a return on equity of 9.15% and a net margin of 2.30%.The business had revenue of $370.07 million during the quarter, compared to analyst estimates of $371.73 million. During the same period in the previous year, the company posted $0.10 EPS. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. Sell-side analysts anticipate that Hillman Solutions Corp. will post 0.6 EPS for the current fiscal year.
About Hillman Solutions
Hillman Solutions (NASDAQ:HLMN) is a leading provider of hardware and related products to the home improvement, retail, industrial and manufacturing markets. The company’s portfolio encompasses key duplication systems and security solutions, hardware essentials such as fasteners and anchors, signage and labeling products, and outdoor and seasonal items. Hillman’s product offerings are sold through a network of major home improvement retailers, wholesalers, independent distributors and other specialty outlets.
Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman grew from a family-run enterprise into a global supplier of hardware solutions.
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