LSV Asset Management decreased its holdings in shares of Hyster-Yale Materials Handling Inc (NYSE:HY) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 639,416 shares of the industrial products company’s stock after selling 5,250 shares during the period. LSV Asset Management’s holdings in Hyster-Yale Materials Handling were worth $54,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of HY. Dimensional Fund Advisors LP boosted its holdings in 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 buying an additional 18,840 shares during the period. Vanguard Group Inc. boosted its holdings in Hyster-Yale Materials Handling by 3.9% in the 2nd quarter. Vanguard Group Inc. now owns 659,764 shares of the industrial products company’s stock worth $46,348,000 after buying an additional 24,805 shares during the period. Fuller & Thaler Asset Management Inc. boosted its holdings in Hyster-Yale Materials Handling by 0.7% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 632,926 shares of the industrial products company’s stock worth $48,381,000 after buying an additional 4,461 shares during the period. Royce & Associates LP boosted its holdings in Hyster-Yale Materials Handling by 3.6% in the 3rd quarter. Royce & Associates LP now owns 295,233 shares of the industrial products company’s stock worth $22,568,000 after buying an additional 10,276 shares during the period. Finally, State Street Corp boosted its holdings in Hyster-Yale Materials Handling by 10.4% in the 2nd quarter. State Street Corp now owns 219,916 shares of the industrial products company’s stock worth $15,446,000 after buying an additional 20,740 shares during the period. 50.67% of the stock is owned by hedge funds and other institutional investors.

Several research analysts recently weighed in on the stock. Sidoti reaffirmed a “neutral” rating on shares of Hyster-Yale Materials Handling in a report on Friday, October 13th. Zacks Investment Research raised shares of Hyster-Yale Materials Handling from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. ValuEngine raised shares of Hyster-Yale Materials Handling from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Seaport Global Securities raised shares of Hyster-Yale Materials Handling from a “sell” rating to a “neutral” rating in a report on Tuesday, January 23rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued 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.

In other Hyster-Yale Materials Handling news, insider Frank F. Taplin sold 1,178 shares of the business’s stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $84.40, for a total value of $99,423.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 26.34% of the stock is owned by insiders.

Shares of Hyster-Yale Materials Handling Inc (NYSE HY) opened at $76.70 on Tuesday. The company has a market cap of $1,338.53, a price-to-earnings ratio of 23.03 and a beta of 1.05. Hyster-Yale Materials Handling Inc has a one year low of $53.50 and a one year high of $93.90. The company has a quick ratio of 1.02, a current ratio of 1.64 and a debt-to-equity ratio of 0.40.

Hyster-Yale Materials Handling (NYSE:HY) last announced its quarterly earnings results on Friday, November 3rd. The industrial products company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.49 by $0.21. The business had revenue of $691.10 million for the quarter, compared to analysts’ expectations of $663.00 million. Hyster-Yale Materials Handling had a net margin of 2.27% and a return on equity of 11.34%. equities analysts forecast that Hyster-Yale Materials Handling Inc will post 4.06 earnings per share for the current year.

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Hyster-Yale Materials Handling Company 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.

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

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