Hyster-Yale Materials Handling Inc (HY) Chairman Alfred M. Et Al Rankin Buys 3,141 Shares

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Hyster-Yale Materials Handling Inc (NYSE:HY) Chairman Alfred M. Et Al Rankin bought 3,141 shares of the company’s stock in a transaction dated Friday, March 15th. The stock was purchased at an average price of $63.70 per share, for a total transaction of $200,081.70. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of NYSE HY opened at $62.83 on Friday. The company has a market capitalization of $1.05 billion, a PE ratio of 36.60 and a beta of 0.97. Hyster-Yale Materials Handling Inc has a 52-week low of $55.88 and a 52-week high of $78.19. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.77 and a current ratio of 1.46.

Hyster-Yale Materials Handling (NYSE:HY) last issued its earnings results on Tuesday, February 26th. The industrial products company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.51). The firm had revenue of $837.70 million during the quarter, compared to the consensus estimate of $872.90 million. Hyster-Yale Materials Handling had a return on equity of 4.98% and a net margin of 1.09%. The company’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.97 EPS.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Thursday, February 28th. This represents a $1.24 annualized dividend and a dividend yield of 1.97%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fisher Asset Management LLC raised its holdings in shares of Hyster-Yale Materials Handling by 51.5% during the fourth quarter. Fisher Asset Management LLC now owns 72,336 shares of the industrial products company’s stock valued at $4,482,000 after purchasing an additional 24,590 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Hyster-Yale Materials Handling by 1.8% during the third quarter. JPMorgan Chase & Co. now owns 59,130 shares of the industrial products company’s stock valued at $3,638,000 after purchasing an additional 1,025 shares during the last quarter. Acadian Asset Management LLC raised its holdings in shares of Hyster-Yale Materials Handling by 162.5% during the third quarter. Acadian Asset Management LLC now owns 2,441 shares of the industrial products company’s stock valued at $150,000 after purchasing an additional 1,511 shares during the last quarter. Vanguard Group Inc raised its holdings in shares of Hyster-Yale Materials Handling by 9.6% during the third quarter. Vanguard Group Inc now owns 837,343 shares of the industrial products company’s stock valued at $51,522,000 after purchasing an additional 73,639 shares during the last quarter. Finally, Isthmus Partners LLC raised its holdings in shares of Hyster-Yale Materials Handling by 31.6% during the fourth quarter. Isthmus Partners LLC now owns 16,267 shares of the industrial products company’s stock valued at $1,008,000 after purchasing an additional 3,902 shares during the last quarter. 48.52% of the stock is owned by hedge funds and other institutional investors.

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Hyster-Yale Materials Handling Company Profile

Hyster-Yale Materials Handling, Inc, through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks and aftermarket parts worldwide. The company operates through five segments: the Americas, EMEA, JAPIC, Bolzoni, and Nuvera. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks.

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Insider Buying and Selling by Quarter for Hyster-Yale Materials Handling (NYSE:HY)

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