EntryPoint Capital LLC Sells 2,001 Shares of Hillman Solutions Corp (NASDAQ:HLMN)

EntryPoint Capital LLC reduced its stake in Hillman Solutions Corp (NASDAQ:HLMN) by 6.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 30,001 shares of the company’s stock after selling 2,001 shares during the quarter. EntryPoint Capital LLC’s holdings in Hillman Solutions were worth $292,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Reinhart Partners LLC. lifted its position in shares of Hillman Solutions by 1.7% during the 4th quarter. Reinhart Partners LLC. now owns 7,612,474 shares of the company’s stock valued at $74,145,000 after acquiring an additional 130,273 shares during the period. Geode Capital Management LLC lifted its position in Hillman Solutions by 2.5% during the third quarter. Geode Capital Management LLC now owns 4,753,174 shares of the company’s stock worth $50,203,000 after purchasing an additional 113,692 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Hillman Solutions by 3.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,489,110 shares of the company’s stock worth $24,244,000 after buying an additional 73,216 shares in the last quarter. Harbor Capital Advisors Inc. increased its holdings in Hillman Solutions by 1.7% in the 4th quarter. Harbor Capital Advisors Inc. now owns 1,637,883 shares of the company’s stock valued at $15,953,000 after buying an additional 26,832 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of Hillman Solutions in the 4th quarter valued at approximately $11,318,000. Institutional investors and hedge funds own 98.11% of the company’s stock.

Hillman Solutions Stock Down 0.3 %

Shares of HLMN opened at $9.02 on Friday. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 112.76 and a beta of 1.68. Hillman Solutions Corp has a 52 week low of $8.43 and a 52 week high of $12.08. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.76 and a current ratio of 2.32. The stock has a fifty day moving average of $9.78 and a 200-day moving average of $10.24.

Hillman Solutions (NASDAQ:HLMN) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%. The firm had revenue of $349.56 million for the quarter, compared to analyst estimates of $350.45 million. During the same period in the previous year, the business posted $0.10 earnings per share. As a group, sell-side analysts anticipate that Hillman Solutions Corp will post 0.58 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently issued reports on HLMN shares. William Blair lowered shares of Hillman Solutions from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 2nd. Robert W. Baird reduced their target price on Hillman Solutions from $14.00 to $12.00 and set an “outperform” rating on the stock in a report on Wednesday, February 19th. Barclays dropped their price objective on Hillman Solutions from $12.00 to $11.00 and set an “equal weight” rating for the company in a research report on Thursday, January 16th. Finally, Benchmark reiterated a “buy” rating and issued a $16.00 target price on shares of Hillman Solutions in a research report on Wednesday, February 19th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $13.60.

About Hillman Solutions

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 40,000 locations. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers.