Huttig Building Products, Inc. (NASDAQ:HBP) announced its earnings results on Monday. The company reported $0.05 EPS for the quarter, Bloomberg Earnings reports. The firm had revenue of $199.60 million for the quarter. Huttig Building Products had a return on equity of 10.21% and a net margin of 0.79%.
Shares of Huttig Building Products (NASDAQ HBP) traded down 0.61% on Tuesday, hitting $6.56. The company’s stock had a trading volume of 123,234 shares. The company has a market cap of $169.72 million, a price-to-earnings ratio of 30.09 and a beta of 1.80. Huttig Building Products has a 52 week low of $4.65 and a 52 week high of $9.24. The stock’s 50 day moving average is $7.05 and its 200-day moving average is $6.81.
Separately, TheStreet cut Huttig Building Products from a “b-” rating to a “c” rating in a report on Tuesday, August 1st.
A number of hedge funds and other institutional investors have recently bought and sold shares of HBP. State Street Corp purchased a new position in Huttig Building Products during the 2nd quarter worth approximately $1,776,000. California State Teachers Retirement System purchased a new position in Huttig Building Products during the 2nd quarter worth approximately $296,000. Finally, The Manufacturers Life Insurance Company purchased a new position in Huttig Building Products during the 2nd quarter worth approximately $157,000. Hedge funds and other institutional investors own 51.77% of the company’s stock.
About Huttig Building Products
Huttig Building Products, Inc is a domestic distributor of millwork, building materials and wood products used principally in residential construction and in home improvement, remodeling and repair work. The Company purchases from manufacturers and distributes its products through approximately 26 wholesale distribution centers serving over 41 states.
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