Walleye Capital LLC purchased a new position in shares of Hillman Solutions Corp. (NASDAQ:HLMN – Free Report) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 168,410 shares of the company’s stock, valued at approximately $1,421,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership boosted its position in Hillman Solutions by 46.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,094,327 shares of the company’s stock valued at $9,105,000 after buying an additional 344,995 shares during the last quarter. UBS Group AG increased its position in shares of Hillman Solutions by 112.2% during the fourth quarter. UBS Group AG now owns 2,671,354 shares of the company’s stock worth $23,134,000 after acquiring an additional 1,412,693 shares during the last quarter. Anchor Capital Management Company LLC lifted its stake in shares of Hillman Solutions by 33.1% in the first quarter. Anchor Capital Management Company LLC now owns 2,535,478 shares of the company’s stock worth $21,095,000 after acquiring an additional 630,000 shares in the last quarter. Leith Wheeler Investment Counsel Ltd. lifted its stake in shares of Hillman Solutions by 18.5% in the first quarter. Leith Wheeler Investment Counsel Ltd. now owns 864,598 shares of the company’s stock worth $7,193,000 after acquiring an additional 135,057 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in Hillman Solutions by 69.1% in the first quarter. First Trust Advisors LP now owns 270,453 shares of the company’s stock valued at $2,250,000 after purchasing an additional 110,478 shares during the last quarter. Institutional investors and hedge funds own 98.11% of the company’s stock.
Hillman Solutions Price Performance
HLMN opened at $8.70 on Friday. The company has a market capitalization of $1.69 billion, a P/E ratio of 39.55, a PEG ratio of 1.23 and a beta of 1.39. The company has a 50-day moving average of $8.16 and a 200-day moving average of $8.33. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.87 and a current ratio of 2.71. Hillman Solutions Corp. has a 1-year low of $6.96 and a 1-year high of $10.85.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the company. Weiss Ratings upgraded Hillman Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 4th. Canaccord Genuity Group cut their target price on Hillman Solutions from $14.00 to $13.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Barclays increased their target price on Hillman Solutions from $10.00 to $11.00 and gave the company an “equal weight” rating in a research note on Monday, August 10th. Finally, Wall Street Zen downgraded shares of Hillman Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Hillman Solutions has an average rating of “Hold” and an average target price of $12.50.
View Our Latest Research Report on HLMN
Hillman Solutions Company Profile
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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