Corebridge Financial Inc. Sells 7,376 Shares of Hillman Solutions Corp (NASDAQ:HLMN)

Corebridge Financial Inc. lowered its holdings in Hillman Solutions Corp (NASDAQ:HLMN) by 7.0% in the 4th quarter, HoldingsChannel reports. The firm owned 97,710 shares of the company’s stock after selling 7,376 shares during the quarter. Corebridge Financial Inc.’s holdings in Hillman Solutions were worth $952,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. R Squared Ltd bought a new position in Hillman Solutions in the fourth quarter worth approximately $32,000. Quarry LP purchased a new position in shares of Hillman Solutions in the 3rd quarter valued at $43,000. Venturi Wealth Management LLC raised its position in shares of Hillman Solutions by 1,337.4% in the 4th 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 lifted its stake in shares of Hillman Solutions by 285.7% during the 4th quarter. Jones Financial Companies Lllp now owns 7,985 shares of the company’s stock worth $78,000 after purchasing an additional 5,915 shares during the last quarter. Finally, Entropy Technologies LP bought a new stake in Hillman Solutions during the fourth quarter valued at about $106,000. Hedge funds and other institutional investors own 98.11% of the company’s stock.

Hillman Solutions Stock Down 1.7 %

NASDAQ:HLMN opened at $8.01 on Friday. The company has a current ratio of 2.32, a quick ratio of 0.76 and a debt-to-equity ratio of 0.62. Hillman Solutions Corp has a twelve month low of $7.35 and a twelve month high of $12.08. The company has a market cap of $1.58 billion, a PE ratio of 100.14 and a beta of 1.67. The company’s 50 day moving average is $9.59 and its two-hundred day moving average is $10.19.

Hillman Solutions (NASDAQ:HLMN) last announced 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 company had revenue of $349.56 million for the quarter, compared to analysts’ expectations of $350.45 million. Hillman Solutions had a net margin of 1.17% and a return on equity of 8.79%. During the same period last year, the firm earned $0.10 earnings per share. Analysts anticipate that Hillman Solutions Corp will post 0.58 EPS for the current year.

Wall Street Analysts Forecast Growth

HLMN has been the subject of a number of recent research reports. Robert W. Baird reduced their target price on shares of Hillman Solutions from $14.00 to $12.00 and set an “outperform” rating for the company in a report on Wednesday, February 19th. Barclays lowered their target price on shares of Hillman Solutions from $12.00 to $11.00 and set an “equal weight” rating for the company in a research note on Thursday, January 16th. William Blair downgraded Hillman Solutions from an “outperform” rating to a “market perform” rating in a research report on Thursday, January 2nd. Finally, Benchmark reiterated a “buy” rating and set a $16.00 price objective on shares of Hillman Solutions in a report on Wednesday, February 19th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Hillman Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $13.00.

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.