Hillman Solutions Corp (NASDAQ:HLMN) Position Boosted by MGO One Seven LLC

MGO One Seven LLC increased its position in Hillman Solutions Corp (NASDAQ:HLMN) by 38.8% in the fourth quarter, Holdings Channel reports. The firm owned 43,826 shares of the company’s stock after purchasing an additional 12,240 shares during the quarter. MGO One Seven LLC’s holdings in Hillman Solutions were worth $427,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its holdings in shares of Hillman Solutions by 25.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 353,265 shares of the company’s stock valued at $3,442,000 after acquiring an additional 72,569 shares during the last quarter. Susquehanna International Group LLP increased its holdings in shares of Hillman Solutions by 126.2% in the 4th quarter. Susquehanna International Group LLP now owns 386,912 shares of the company’s stock valued at $3,769,000 after acquiring an additional 215,838 shares during the last quarter. ClearAlpha Technologies LP bought a new stake in shares of Hillman Solutions in the 4th quarter valued at approximately $116,000. Tower Research Capital LLC TRC increased its holdings in shares of Hillman Solutions by 116.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 17,022 shares of the company’s stock valued at $166,000 after acquiring an additional 9,156 shares during the last quarter. Finally, MetLife Investment Management LLC increased its holdings in shares of Hillman Solutions by 2.0% in the 4th quarter. MetLife Investment Management LLC now owns 119,406 shares of the company’s stock valued at $1,163,000 after acquiring an additional 2,391 shares during the last quarter. 98.11% of the stock is owned by institutional investors.

Hillman Solutions Price Performance

Shares of HLMN opened at $7.67 on Monday. The company has a market cap of $1.51 billion, a P/E ratio of 95.89 and a beta of 1.67. The stock has a fifty day moving average price of $8.74 and a 200 day moving average price of $9.87. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.76. Hillman Solutions Corp has a 12 month low of $6.60 and a 12 month high of $12.08.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on HLMN shares. Baird R W downgraded Hillman Solutions from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 16th. Robert W. Baird reiterated a “neutral” rating and issued a $9.00 price target (down from $12.00) on shares of Hillman Solutions in a report on Wednesday, April 16th. William Blair downgraded Hillman Solutions from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 2nd. Benchmark restated a “buy” rating and set a $16.00 price objective on shares of Hillman Solutions in a research note on Wednesday, February 19th. Finally, Barclays lowered their price objective on Hillman Solutions from $11.00 to $8.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 8th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Hillman Solutions currently has a consensus rating of “Hold” and an average target price of $11.50.

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.