Paradigm Capital Management Inc. NY increased its holdings in Huttig Building Products Inc (NASDAQ:HBP) by 1.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,112,700 shares of the company’s stock after purchasing an additional 30,000 shares during the period. Paradigm Capital Management Inc. NY owned approximately 0.08% of Huttig Building Products worth $14,049,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Wells Fargo & Company MN boosted its stake in shares of Huttig Building Products by 186,262.5% in the 3rd quarter. Wells Fargo & Company MN now owns 14,909 shares of the company’s stock valued at $105,000 after purchasing an additional 14,901 shares in the last quarter. Brandes Investment Partners LP purchased a new stake in shares of Huttig Building Products in the 3rd quarter valued at $134,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Huttig Building Products in the 2nd quarter valued at $157,000. Rhumbline Advisers purchased a new stake in shares of Huttig Building Products in the 2nd quarter valued at $165,000. Finally, Schwab Charles Investment Management Inc. purchased a new stake in shares of Huttig Building Products in the 2nd quarter valued at $282,000. 51.55% of the stock is owned by institutional investors.

Separately, Singular Research assumed coverage on shares of Huttig Building Products in a research note on Monday, November 27th. They issued a “buy” rating and a $9.75 price objective for the company.

Shares of Huttig Building Products Inc (HBP) opened at $5.92 on Friday. Huttig Building Products Inc has a 12 month low of $5.00 and a 12 month high of $9.24. The stock has a market cap of $153.21, a price-to-earnings ratio of 65.78 and a beta of 1.37. The company has a quick ratio of 1.18, a current ratio of 2.45 and a debt-to-equity ratio of 1.35.

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Huttig Building Products Profile

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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Institutional Ownership by Quarter for Huttig Building Products (NASDAQ:HBP)

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