Hillman Solutions Corp. $HLMN Stock Position Lessened by Sei Investments Co.

Sei Investments Co. decreased its stake in shares of Hillman Solutions Corp. (NASDAQ:HLMN) by 16.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 1,105,352 shares of the company’s stock after selling 221,942 shares during the period. Sei Investments Co.’s holdings in Hillman Solutions were worth $9,196,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. MGO One Seven LLC lifted its holdings in Hillman Solutions by 3.8% in the 4th quarter. MGO One Seven LLC now owns 30,074 shares of the company’s stock valued at $260,000 after acquiring an additional 1,109 shares during the last quarter. MQS Management LLC boosted its stake in shares of Hillman Solutions by 11.1% during the 4th quarter. MQS Management LLC now owns 14,084 shares of the company’s stock worth $122,000 after acquiring an additional 1,406 shares in the last quarter. ProShare Advisors LLC boosted its stake in shares of Hillman Solutions by 6.9% during the 4th quarter. ProShare Advisors LLC now owns 36,213 shares of the company’s stock worth $314,000 after acquiring an additional 2,332 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in shares of Hillman Solutions by 13.5% in the 4th quarter. Benjamin Edwards Inc. now owns 20,095 shares of the company’s stock worth $174,000 after acquiring an additional 2,397 shares during the last quarter. Finally, California State Teachers Retirement System grew its holdings in shares of Hillman Solutions by 1.4% in the 2nd quarter. California State Teachers Retirement System now owns 181,427 shares of the company’s stock worth $1,295,000 after acquiring an additional 2,522 shares during the last quarter. Institutional investors and hedge funds own 98.11% of the company’s stock.

Wall Street Analysts Forecast Growth

HLMN has been the subject of several analyst reports. Canaccord Genuity Group reduced their target price on Hillman Solutions from $14.00 to $13.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Weiss Ratings downgraded Hillman Solutions from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, May 15th. 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 analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Hillman Solutions has an average rating of “Hold” and a consensus target price of $12.25.

Hillman Solutions Price Performance

HLMN opened at $7.87 on Friday. The firm has a market capitalization of $1.54 billion, a P/E ratio of 41.42, a PEG ratio of 1.09 and a beta of 1.38. The stock has a fifty day moving average of $7.84 and a 200-day moving average of $8.38. The company has a quick ratio of 0.82, a current ratio of 2.95 and a debt-to-equity ratio of 0.59. Hillman Solutions Corp. has a 12-month low of $6.96 and a 12-month high of $10.85.

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.