Counterpoint Mutual Funds LLC Purchases Shares of 28,573 Hillman Solutions Corp (NASDAQ:HLMN)

Counterpoint Mutual Funds LLC purchased a new stake in shares of Hillman Solutions Corp (NASDAQ:HLMN) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 28,573 shares of the company’s stock, valued at approximately $278,000.

Several other hedge funds have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Hillman Solutions by 4.8% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 23,330 shares of the company’s stock valued at $227,000 after acquiring an additional 1,061 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of Hillman Solutions by 1.1% during the fourth quarter. HighTower Advisors LLC now owns 144,163 shares of the company’s stock valued at $1,404,000 after acquiring an additional 1,562 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in shares of Hillman Solutions by 231.7% during the third quarter. First Horizon Advisors Inc. now owns 3,317 shares of the company’s stock valued at $35,000 after acquiring an additional 2,317 shares in the last quarter. R Squared Ltd acquired a new position in shares of Hillman Solutions during the fourth quarter valued at about $32,000. Finally, Oppenheimer Asset Management Inc. increased its holdings in shares of Hillman Solutions by 4.6% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 78,807 shares of the company’s stock valued at $768,000 after acquiring an additional 3,476 shares in the last quarter. 98.11% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Hillman Solutions Price Performance

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

Hillman Solutions (NASDAQ:HLMN) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). The firm had revenue of $349.56 million for the quarter, compared to analyst estimates 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 in the previous year, the business earned $0.10 EPS. On average, sell-side analysts forecast 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.