Oppenheimer Asset Management Inc. bought a new position in shares of Hamilton Beach Brands Holding Co (NYSE:HBB) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 4,890 shares of the company’s stock, valued at approximately $115,000.

Other hedge funds have also made changes to their positions in the company. Zuckerman Investment Group LLC raised its stake in Hamilton Beach Brands by 3.1% in the 3rd quarter. Zuckerman Investment Group LLC now owns 646,816 shares of the company’s stock valued at $14,191,000 after purchasing an additional 19,595 shares during the last quarter. BlackRock Inc. raised its stake in Hamilton Beach Brands by 11.7% in the 3rd quarter. BlackRock Inc. now owns 575,374 shares of the company’s stock valued at $12,625,000 after purchasing an additional 60,400 shares during the last quarter. Vanguard Group Inc. raised its stake in Hamilton Beach Brands by 4.6% in the 3rd quarter. Vanguard Group Inc. now owns 371,260 shares of the company’s stock valued at $8,146,000 after purchasing an additional 16,475 shares during the last quarter. Vanguard Group Inc raised its stake in Hamilton Beach Brands by 4.6% in the 3rd quarter. Vanguard Group Inc now owns 371,260 shares of the company’s stock valued at $8,146,000 after purchasing an additional 16,475 shares during the last quarter. Finally, Ancora Advisors LLC raised its stake in Hamilton Beach Brands by 226.8% in the 3rd quarter. Ancora Advisors LLC now owns 217,214 shares of the company’s stock valued at $4,765,000 after purchasing an additional 150,742 shares during the last quarter. 38.11% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:HBB opened at $24.88 on Tuesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.19 and a quick ratio of 0.51. The firm has a market capitalization of $341.13 million, a price-to-earnings ratio of 15.08 and a beta of -0.07. Hamilton Beach Brands Holding Co has a 52-week low of $18.03 and a 52-week high of $31.30.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 15th. Shareholders of record on Friday, March 1st will be issued a $0.085 dividend. This represents a $0.34 annualized dividend and a yield of 1.37%. The ex-dividend date is Thursday, February 28th. Hamilton Beach Brands’s payout ratio is currently 20.61%.

Several research firms recently commented on HBB. Zacks Investment Research downgraded Hamilton Beach Brands from a “buy” rating to a “hold” rating in a research note on Thursday, November 1st. TheStreet raised Hamilton Beach Brands from a “d+” rating to a “c-” rating in a research note on Thursday, November 29th.

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About Hamilton Beach Brands

Hamilton Beach Brands Holding Company, together with its subsidiaries, operates in the consumer, commercial, specialty small appliance, and specialty retail market in the United States and internationally. It designs, markets, and distributes a range of small branded electric household and specialty housewares small appliances, including blenders, can openers, coffeemakers, food processors, indoor electric grills, irons, mixers, slow cookers, toasters, and toaster ovens, as well as commercial products for restaurants, bars, and hotels under the under the Hamilton Beach, Proctor Silex brand names.

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Want to see what other hedge funds are holding HBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hamilton Beach Brands Holding Co (NYSE:HBB).

Institutional Ownership by Quarter for Hamilton Beach Brands (NYSE:HBB)

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