Counterpoint Mutual Funds LLC Makes New Investment in Hillman Solutions Corp (NASDAQ:HLMN)

Counterpoint Mutual Funds LLC acquired a new position in shares of Hillman Solutions Corp (NASDAQ:HLMN) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 28,573 shares of the company’s stock, valued at approximately $278,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Reinhart Partners LLC. boosted its stake in Hillman Solutions by 1.7% during the fourth quarter. Reinhart Partners LLC. now owns 7,612,474 shares of the company’s stock worth $74,145,000 after buying an additional 130,273 shares during the period. Geode Capital Management LLC lifted its position in shares of Hillman Solutions by 2.5% during the third quarter. Geode Capital Management LLC now owns 4,753,174 shares of the company’s stock worth $50,203,000 after purchasing an additional 113,692 shares during the last quarter. Natixis Advisors LLC lifted its position in shares of Hillman Solutions by 0.5% during the third quarter. Natixis Advisors LLC now owns 2,512,226 shares of the company’s stock worth $26,529,000 after purchasing an additional 13,439 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Hillman Solutions by 3.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,489,110 shares of the company’s stock worth $24,244,000 after purchasing an additional 73,216 shares during the last quarter. Finally, Harbor Capital Advisors Inc. lifted its position in shares of Hillman Solutions by 1.7% during the fourth quarter. Harbor Capital Advisors Inc. now owns 1,637,883 shares of the company’s stock worth $15,953,000 after purchasing an additional 26,832 shares during the last quarter. 98.11% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HLMN. Barclays decreased their target price on Hillman Solutions from $12.00 to $11.00 and set an “equal weight” rating for the company in a research report on Thursday, January 16th. Benchmark reiterated a “buy” rating and set a $16.00 target price on shares of Hillman Solutions in a research report on Wednesday, February 19th. Robert W. Baird decreased their target price on Hillman Solutions from $14.00 to $12.00 and set an “outperform” rating for the company in a research report on Wednesday, February 19th. Finally, William Blair downgraded Hillman Solutions from an “outperform” rating to a “market perform” rating in a report on Thursday, January 2nd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Hillman Solutions presently has an average rating of “Moderate Buy” and an average target price of $13.60.

Hillman Solutions Stock Down 2.0 %

NASDAQ:HLMN opened at $8.99 on Wednesday. Hillman Solutions Corp has a 1-year low of $8.43 and a 1-year high of $12.08. The company has a 50-day moving average of $9.88 and a 200 day moving average of $10.28. The firm has a market cap of $1.77 billion, a PE ratio of 112.39 and a beta of 1.68. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.32 and a quick ratio of 0.76.

Hillman Solutions (NASDAQ:HLMN) last released its quarterly earnings data on Tuesday, February 18th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). The business had revenue of $349.56 million during the quarter, compared to analysts’ expectations of $350.45 million. Hillman Solutions had a return on equity of 8.79% and a net margin of 1.17%. During the same period last year, the company earned $0.10 earnings per share. As a group, research analysts anticipate that Hillman Solutions Corp will post 0.58 EPS for the current fiscal year.

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.