Hillman Solutions Corp. $HLMN Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP grew its position in Hillman Solutions Corp. (NASDAQ:HLMN) by 114.5% in the first quarter, Holdings Channel.com reports. The fund owned 145,961 shares of the company’s stock after buying an additional 77,926 shares during the period. Quantinno Capital Management LP’s holdings in Hillman Solutions were worth $1,214,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC lifted its stake in Hillman Solutions by 80.5% during the first quarter. AQR Capital Management LLC now owns 55,109 shares of the company’s stock worth $484,000 after purchasing an additional 24,581 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Hillman Solutions by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 116,919 shares of the company’s stock worth $1,028,000 after purchasing an additional 5,104 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Hillman Solutions by 5.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 393,947 shares of the company’s stock valued at $3,463,000 after purchasing an additional 21,619 shares during the last quarter. Jane Street Group LLC increased its stake in Hillman Solutions by 334.9% during the first quarter. Jane Street Group LLC now owns 298,438 shares of the company’s stock valued at $2,623,000 after purchasing an additional 229,815 shares during the last quarter. Finally, Prudential Financial Inc. raised its holdings in shares of Hillman Solutions by 72.0% during the second quarter. Prudential Financial Inc. now owns 26,145 shares of the company’s stock worth $187,000 after purchasing an additional 10,940 shares during the period. 98.11% of the stock is owned by institutional investors and hedge funds.

Hillman Solutions Price Performance

Shares of HLMN opened at $8.70 on Friday. The company has a market cap of $1.69 billion, a P/E ratio of 39.55, a PEG ratio of 1.23 and a beta of 1.39. The stock has a fifty day moving average price of $8.16 and a 200 day moving average price of $8.33. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.71 and a quick ratio of 0.87. Hillman Solutions Corp. has a 12 month low of $6.96 and a 12 month high of $10.85.

Hillman Solutions (NASDAQ:HLMN) last issued its earnings results on Monday, August 3rd. The company reported $0.17 earnings per share for the quarter, hitting the consensus estimate of $0.17. The firm had revenue of $442.25 million for the quarter, compared to analyst estimates of $433.67 million. Hillman Solutions had a return on equity of 9.11% and a net margin of 2.57%. On average, research analysts forecast that Hillman Solutions Corp. will post 0.6 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on HLMN. Canaccord Genuity Group reduced their price target on shares of Hillman Solutions from $14.00 to $13.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Weiss Ratings raised shares of Hillman Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, August 4th. Barclays boosted their price objective on shares of Hillman Solutions from $10.00 to $11.00 and gave the company an “equal weight” rating in a research report on Monday, August 10th. Finally, Wall Street Zen lowered shares of Hillman Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Hillman Solutions currently has a consensus rating of “Hold” and a consensus target price of $12.50.

Hillman Solutions Company Profile

Hillman Solutions (NASDAQ:HLMN) is a leading provider of hardware and related products to the home improvement, retail, industrial and manufacturing markets. The company’s portfolio encompasses key duplication systems and security solutions, hardware essentials such as fasteners and anchors, signage and labeling products, and outdoor and seasonal items. Hillman’s product offerings are sold through a network of major home improvement retailers, wholesalers, independent distributors and other specialty outlets.

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman grew from a family-run enterprise into a global supplier of hardware solutions.