Hillman Solutions Corp (NASDAQ:HLMN) Shares Sold by Sei Investments Co.

Sei Investments Co. reduced its position in shares of Hillman Solutions Corp (NASDAQ:HLMN) by 10.4% during the fourth quarter, HoldingsChannel reports. The firm owned 764,787 shares of the company’s stock after selling 88,559 shares during the quarter. Sei Investments Co.’s holdings in Hillman Solutions were worth $7,449,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in HLMN. R Squared Ltd purchased a new stake in Hillman Solutions during the 4th quarter worth $32,000. Quarry LP purchased a new stake in shares of Hillman Solutions during the third quarter worth about $43,000. Venturi Wealth Management LLC lifted its stake in shares of Hillman Solutions by 1,337.4% in the fourth quarter. Venturi Wealth Management LLC now owns 6,986 shares of the company’s stock worth $68,000 after acquiring an additional 6,500 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in Hillman Solutions by 285.7% in the fourth quarter. Jones Financial Companies Lllp now owns 7,985 shares of the company’s stock valued at $78,000 after purchasing an additional 5,915 shares during the last quarter. Finally, Entropy Technologies LP acquired a new stake in Hillman Solutions during the 4th quarter valued at approximately $106,000. 98.11% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on HLMN. Robert W. Baird reduced their target price on Hillman Solutions from $14.00 to $12.00 and set an “outperform” rating for the company in a research note on Wednesday, February 19th. Barclays reduced their price objective on shares of Hillman Solutions from $12.00 to $11.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 16th. Benchmark restated a “buy” rating and issued a $16.00 target price on shares of Hillman Solutions in a research note on Wednesday, February 19th. Finally, William Blair cut shares of Hillman Solutions from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 2nd. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Hillman Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $13.60.

Hillman Solutions Stock Up 1.2 %

HLMN stock opened at $8.79 on Tuesday. The firm has a fifty day moving average price of $9.73 and a two-hundred day moving average price of $10.23. 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 Corp has a 1-year low of $8.43 and a 1-year high of $12.08. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 109.89 and a beta of 1.68.

Hillman Solutions (NASDAQ:HLMN) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.01). The company had revenue of $349.56 million during the quarter, compared to the consensus estimate 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 business posted $0.10 EPS. Research analysts predict that Hillman Solutions Corp will post 0.58 EPS for the current 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.