Fuller & Thaler Asset Management Inc. Has $48.38 Million Holdings in Hyster-Yale Materials Handling, Inc. (HY)

Fuller & Thaler Asset Management Inc. lifted its stake in Hyster-Yale Materials Handling, Inc. (NYSE:HY) by 0.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 632,926 shares of the industrial products company’s stock after purchasing an additional 4,461 shares during the period. Fuller & Thaler Asset Management Inc. owned 3.85% of Hyster-Yale Materials Handling worth $48,381,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its position in shares of Hyster-Yale Materials Handling by 2.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 927,810 shares of the industrial products company’s stock worth $65,179,000 after purchasing an additional 18,840 shares during the period. Vanguard Group Inc. lifted its position in Hyster-Yale Materials Handling by 3.9% during the 2nd quarter. Vanguard Group Inc. now owns 659,764 shares of the industrial products company’s stock valued at $46,348,000 after acquiring an additional 24,805 shares during the period. Royce & Associates LP lifted its position in Hyster-Yale Materials Handling by 9.5% during the 2nd quarter. Royce & Associates LP now owns 284,957 shares of the industrial products company’s stock valued at $20,018,000 after acquiring an additional 24,619 shares during the period. State Street Corp lifted its position in Hyster-Yale Materials Handling by 10.4% during the 2nd quarter. State Street Corp now owns 219,916 shares of the industrial products company’s stock valued at $15,446,000 after acquiring an additional 20,740 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Hyster-Yale Materials Handling by 62.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 117,901 shares of the industrial products company’s stock valued at $8,282,000 after purchasing an additional 45,467 shares in the last quarter. 50.96% of the stock is owned by hedge funds and other institutional investors.

Shares of Hyster-Yale Materials Handling, Inc. (NYSE HY) traded down $0.43 during midday trading on Thursday, reaching $85.19. 40,200 shares of the company traded hands, compared to its average volume of 58,797. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.64 and a quick ratio of 1.02. The company has a market capitalization of $1,410.30, a price-to-earnings ratio of 24.27 and a beta of 1.08. Hyster-Yale Materials Handling, Inc. has a 12 month low of $53.50 and a 12 month high of $93.90.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be given a dividend of $0.3025 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $1.21 annualized dividend and a yield of 1.42%. Hyster-Yale Materials Handling’s dividend payout ratio (DPR) is 31.59%.

A number of research firms have weighed in on HY. Zacks Investment Research upgraded shares of Hyster-Yale Materials Handling from a “sell” rating to a “hold” rating in a research note on Thursday, November 9th. ValuEngine upgraded shares of Hyster-Yale Materials Handling from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Seaport Global Securities lowered shares of Hyster-Yale Materials Handling from a “neutral” rating to a “sell” rating and set a $56.00 price target for the company. in a research note on Monday, November 6th. Finally, Sidoti reiterated a “neutral” rating on shares of Hyster-Yale Materials Handling in a research note on Friday, October 13th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. Hyster-Yale Materials Handling currently has an average rating of “Hold” and a consensus target price of $74.00.

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Hyster-Yale Materials Handling Profile

Hyster-Yale Materials Handling, Inc is a lift truck manufacturer. The Company designs, engineers, manufactures, sells and services a line of lift trucks, attachments and aftermarket parts marketed globally under the Hyster and Yale brand names, mainly to independent Hyster and Yale retail dealerships.

Institutional Ownership by Quarter for Hyster-Yale Materials Handling (NYSE:HY)

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