Interval Partners LP Has $6.12 Million Stock Position in Hillman Solutions Corp (NASDAQ:HLMN)

Interval Partners LP reduced its stake in shares of Hillman Solutions Corp (NASDAQ:HLMN) by 47.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 575,000 shares of the company’s stock after selling 523,581 shares during the quarter. Interval Partners LP’s holdings in Hillman Solutions were worth $6,118,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of HLMN. Vanguard Group Inc. boosted its stake in Hillman Solutions by 9.2% in the third quarter. Vanguard Group Inc. now owns 19,156,902 shares of the company’s stock valued at $158,044,000 after buying an additional 1,613,190 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in Hillman Solutions by 12.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 87,900 shares of the company’s stock valued at $810,000 after purchasing an additional 9,587 shares during the last quarter. Conestoga Capital Advisors LLC raised its position in Hillman Solutions by 13.7% in the fourth quarter. Conestoga Capital Advisors LLC now owns 9,180,793 shares of the company’s stock valued at $84,555,000 after purchasing an additional 1,107,675 shares during the last quarter. Cornercap Investment Counsel Inc. bought a new position in Hillman Solutions in the fourth quarter valued at about $1,211,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in Hillman Solutions by 24.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 48,327 shares of the company’s stock valued at $445,000 after purchasing an additional 9,543 shares during the last quarter. 98.11% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HLMN has been the subject of several research reports. Robert W. Baird increased their target price on Hillman Solutions from $10.00 to $11.00 and gave the company an “outperform” rating in a research report on Wednesday, May 8th. Barclays dropped their target price on Hillman Solutions from $10.00 to $9.00 and set an “equal weight” rating for the company in a research report on Friday, July 12th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $11.58.

Hillman Solutions Trading Up 0.9 %

Shares of HLMN traded up $0.09 during mid-day trading on Wednesday, reaching $10.19. 454,956 shares of the company were exchanged, compared to its average volume of 883,205. Hillman Solutions Corp has a 52 week low of $6.02 and a 52 week high of $10.85. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.78 and a current ratio of 2.49. The stock has a market capitalization of $2.00 billion, a PE ratio of -1,021.00 and a beta of 1.66. The business has a 50 day simple moving average of $9.10 and a two-hundred day simple moving average of $9.41.

Hillman Solutions (NASDAQ:HLMN) last issued its quarterly earnings data on Tuesday, May 7th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. Hillman Solutions had a positive return on equity of 7.50% and a negative net margin of 0.13%. The company had revenue of $350.31 million during the quarter, compared to the consensus estimate of $354.47 million. During the same period last year, the company earned $0.06 earnings per share. The firm’s revenue was up .2% compared to the same quarter last year. On average, analysts predict that Hillman Solutions Corp will post 0.45 earnings per share for the current fiscal year.

Insider Transactions at Hillman Solutions

In other news, Director Aaron Jagdfeld sold 49,447 shares of the firm’s stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $9.04, for a total transaction of $447,000.88. Following the completion of the transaction, the director now directly owns 197,031 shares in the company, valued at $1,781,160.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.10% of the stock is owned by corporate insiders.

Hillman Solutions Company Profile

Founded in 1964 and headquartered in Cincinnati, Ohio, Hillman is a leading North American provider of complete hardware solutions, delivered with industry best customer service to over 40,000 locations. Hillman designs innovative product and merchandising solutions for complex categories that deliver an outstanding customer experience to home improvement centers, mass merchants, national and regional hardware stores, pet supply stores, and OEM & Industrial customers.