Curbstone Financial Management Corp increased its holdings in Hyster-Yale Materials Handling, Inc. (NYSE:HY) by 100.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 61,940 shares of the industrial products company’s stock after acquiring an additional 30,970 shares during the quarter. Hyster-Yale Materials Handling makes up about 1.4% of Curbstone Financial Management Corp’s investment portfolio, making the stock its 15th largest position. Curbstone Financial Management Corp owned approximately 0.49% of Hyster-Yale Materials Handling worth $4,735,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Federated Investors Inc. PA lifted its position in shares of Hyster-Yale Materials Handling by 2,279,500.0% during the second quarter. Federated Investors Inc. PA now owns 68,388 shares of the industrial products company’s stock valued at $4,805,000 after buying an additional 68,385 shares during the last quarter. New Amsterdam Partners LLC NY purchased a new stake in shares of Hyster-Yale Materials Handling during the second quarter valued at about $4,402,000. JPMorgan Chase & Co. lifted its position in shares of Hyster-Yale Materials Handling by 62.8% during the second quarter. JPMorgan Chase & Co. now owns 117,901 shares of the industrial products company’s stock valued at $8,282,000 after buying an additional 45,467 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Hyster-Yale Materials Handling by 4.3% during the first quarter. Dimensional Fund Advisors LP now owns 908,970 shares of the industrial products company’s stock valued at $51,256,000 after buying an additional 37,588 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Hyster-Yale Materials Handling by 5.6% during the first quarter. Vanguard Group Inc. now owns 634,959 shares of the industrial products company’s stock valued at $35,805,000 after buying an additional 33,777 shares during the last quarter. 51.54% of the stock is owned by institutional investors.

Hyster-Yale Materials Handling, Inc. (HY) traded up 1.17% during mid-day trading on Tuesday, hitting $78.79. 22,925 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $73.92 and its 200-day moving average price is $69.72. Hyster-Yale Materials Handling, Inc. has a one year low of $49.84 and a one year high of $82.32. The stock has a market cap of $1.30 billion, a PE ratio of 22.01 and a beta of 1.06.

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Several analysts have commented on HY shares. Zacks Investment Research lowered shares of Hyster-Yale Materials Handling from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 5th. BidaskClub lowered shares of Hyster-Yale Materials Handling from a “hold” rating to a “sell” rating in a research report on Saturday, July 8th. Sidoti raised shares of Hyster-Yale Materials Handling from a “neutral” rating to a “buy” rating in a research report on Tuesday, August 8th. Finally, ValuEngine raised shares of Hyster-Yale Materials Handling from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $74.00.

In related news, insider Frank F. Taplin sold 1,464 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $68.25, for a total transaction of $99,918.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Susan Sichel sold 1,250 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $64.46, for a total value of $80,575.00. Following the sale, the insider now owns 16,850 shares of the company’s stock, valued at approximately $1,086,151. The disclosure for this sale can be found here. Company insiders own 26.34% of the company’s stock.

Hyster-Yale Materials Handling Company Profile

Hyster-Yale Materials Handling, Inc is a lift truck manufacturer. The Company designs, engineers, manufactures, sells and services a line of lift trucks, attachments and aftermarket parts marketed globally under the Hyster and Yale brand names, mainly to independent Hyster and Yale retail dealerships.

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Institutional Ownership by Quarter for Hyster-Yale Materials Handling (NYSE:HY)

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