Hamilton Beach Brands (NYSE:HBB) Earns “Hold (C)” Rating from Weiss Ratings

by · The Markets Daily

Hamilton Beach Brands (NYSE:HBB – Get Free Report)‘s stock had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings in a research report issued to clients and investors on Friday,Weiss Ratings reports.

Separately, Wall Street Zen cut Hamilton Beach Brands from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Get Our Latest Stock Report on HBB

Hamilton Beach Brands Trading Down 0.1%

Hamilton Beach Brands stock opened at $14.02 on Friday. The stock has a 50-day moving average of $14.60 and a two-hundred day moving average of $16.25. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.95 and a current ratio of 2.47. Hamilton Beach Brands has a one year low of $12.72 and a one year high of $30.67. The stock has a market cap of $189.00 million, a PE ratio of 5.97 and a beta of -0.01.

Hamilton Beach Brands (NYSE:HBB – Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.33 EPS for the quarter. Hamilton Beach Brands had a return on equity of 20.03% and a net margin of 5.10%.The company had revenue of $127.77 million during the quarter.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC raised its stake in shares of Hamilton Beach Brands by 305.7% in the second quarter. Tower Research Capital LLC TRC now owns 2,775 shares of the company’s stock worth $50,000 after purchasing an additional 2,091 shares during the last quarter. Osaic Holdings Inc. raised its position in Hamilton Beach Brands by 15.1% during the second quarter. Osaic Holdings Inc. now owns 5,766 shares of the company’s stock valued at $103,000 after acquiring an additional 757 shares in the last quarter. Bailard Inc. purchased a new position in Hamilton Beach Brands during the first quarter valued at approximately $223,000. Nuveen LLC purchased a new position in Hamilton Beach Brands during the first quarter valued at approximately $245,000. Finally, Jane Street Group LLC purchased a new position in Hamilton Beach Brands during the first quarter valued at approximately $245,000. 50.55% of the stock is currently owned by hedge funds and other institutional investors.

About Hamilton Beach Brands

(Get Free Report)

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.

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