Hamilton Beach Brands Holding (NYSE:HBB) Short Interest Up 10.7% in December

Hamilton Beach Brands Holding (NYSE:HBB) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 262,900 shares, an increase of 10.7% from the November 30th total of 237,400 shares. Currently, 4.3% of the company’s shares are sold short. Based on an average daily trading volume, of 57,800 shares, the short-interest ratio is currently 4.5 days.

Hamilton Beach Brands Trading Up 1.4 %

HBB stock traded up $0.23 during midday trading on Wednesday, hitting $16.83. The stock had a trading volume of 189,965 shares, compared to its average volume of 56,278. The firm has a market cap of $230.66 million, a P/E ratio of 8.95 and a beta of 0.84. The business has a fifty day moving average price of $20.64 and a two-hundred day moving average price of $23.19. Hamilton Beach Brands has a 1-year low of $14.34 and a 1-year high of $31.78.

Hamilton Beach Brands (NYSE:HBB) last released its earnings results on Wednesday, October 30th. The company reported $0.14 EPS for the quarter. The business 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Monday, December 2nd were issued a dividend of $0.115 per share. The ex-dividend date was Monday, December 2nd. This represents a $0.46 annualized dividend and a yield of 2.73%. Hamilton Beach Brands’s payout ratio is 24.47%.

Institutional Investors Weigh In On Hamilton Beach Brands

Several hedge funds and other institutional investors have recently made changes to their positions in HBB. Dimensional Fund Advisors LP grew its holdings in Hamilton Beach Brands by 5.7% during the second quarter. Dimensional Fund Advisors LP now owns 365,369 shares of the company’s stock worth $6,280,000 after buying an additional 19,555 shares in the last quarter. Acadian Asset Management LLC raised its holdings in shares of Hamilton Beach Brands by 35.3% in the second quarter. Acadian Asset Management LLC now owns 121,804 shares of the company’s stock valued at $2,090,000 after purchasing an additional 31,762 shares during the last quarter. American Century Companies Inc. lifted 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 purchasing an additional 59,726 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Hamilton Beach Brands by 34.2% during the second quarter. Bank of New York Mellon Corp now owns 91,315 shares of the company’s stock worth $1,570,000 after purchasing an additional 23,280 shares during the last quarter. Finally, Ritholtz Wealth Management boosted its stake in shares of Hamilton Beach Brands by 32.2% in the 3rd quarter. Ritholtz Wealth Management now owns 54,321 shares of the company’s stock worth $1,653,000 after buying an additional 13,233 shares during the last quarter. 50.55% of the stock is owned by 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.