Parametric Portfolio Associates LLC raised its stake in shares of Hyster-Yale Materials Handling, Inc. (NYSE:HY) by 0.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,471 shares of the industrial products company’s stock after buying an additional 32 shares during the period. Parametric Portfolio Associates LLC owned about 0.21% of Hyster-Yale Materials Handling worth $1,944,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in HY. Dimensional Fund Advisors LP increased its position in shares of Hyster-Yale Materials Handling by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 871,382 shares of the industrial products company’s stock valued at $55,568,000 after buying an additional 6,769 shares during the last quarter. State Street Corp increased its position in shares of Hyster-Yale Materials Handling by 2.5% in the fourth quarter. State Street Corp now owns 179,459 shares of the industrial products company’s stock valued at $11,443,000 after buying an additional 4,408 shares during the last quarter. Norges Bank acquired a new position in shares of Hyster-Yale Materials Handling during the fourth quarter valued at approximately $9,101,000. Foundry Partners LLC increased its position in shares of Hyster-Yale Materials Handling by 16.9% in the first quarter. Foundry Partners LLC now owns 101,671 shares of the industrial products company’s stock valued at $5,733,000 after buying an additional 14,664 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Hyster-Yale Materials Handling by 5.7% in the first quarter. Bank of New York Mellon Corp now owns 96,739 shares of the industrial products company’s stock valued at $5,455,000 after buying an additional 5,196 shares during the last quarter. Institutional investors and hedge funds own 67.80% of the company’s stock.

Shares of Hyster-Yale Materials Handling, Inc. (NYSE HY) traded down 0.72% during midday trading on Monday, reaching $64.49. The company’s stock had a trading volume of 88,418 shares. Hyster-Yale Materials Handling, Inc. has a 52 week low of $47.25 and a 52 week high of $76.50. The company has a 50 day moving average price of $71.81 and a 200-day moving average price of $65.51. The stock has a market capitalization of $1.06 billion, a PE ratio of 18.01 and a beta of 1.05.

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A number of research firms recently commented on HY. Seaport Global Securities upgraded Hyster-Yale Materials Handling from a “sell” rating to a “neutral” rating and set a $56.00 target price on the stock in a research report on Thursday, April 20th. They noted that the move was a valuation call. Sidoti downgraded Hyster-Yale Materials Handling from a “buy” rating to a “neutral” rating and set a $82.00 target price on the stock. in a research report on Wednesday, June 7th. Zacks Investment Research upgraded Hyster-Yale Materials Handling from a “hold” rating to a “buy” rating and set a $77.00 target price on the stock in a research report on Thursday, May 4th. Robert W. Baird upgraded Hyster-Yale Materials Handling from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $62.00 to $84.00 in a research report on Tuesday, May 2nd. Finally, TheStreet raised Hyster-Yale Materials Handling from a “c+” rating to a “b-” rating in a research note on Friday, May 12th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. Hyster-Yale Materials Handling has an average rating of “Hold” and a consensus price target of $74.75.

In other Hyster-Yale Materials Handling news, insider Cory Freyer sold 3,128 shares of the firm’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $74.81, for a total value of $234,005.68. Following the transaction, the insider now directly owns 8,000 shares of the company’s stock, valued at approximately $598,480. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Frank F. Taplin sold 1,400 shares of the firm’s stock in a transaction that occurred on Thursday, May 25th. The stock was sold at an average price of $73.93, for a total transaction of $103,502.00. The disclosure for this sale can be found here. Company insiders own 26.34% of the company’s stock.

About Hyster-Yale Materials Handling

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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