Hafnia Limited (NYSE:HAFN) Shares Purchased by Barclays PLC

Barclays PLC lifted its stake in Hafnia Limited (NYSE:HAFN - Free Report) by 60.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,395,133 shares of the company's stock after purchasing an additional 1,660,627 shares during the quarter. Barclays PLC owned about 0.87% of Hafnia worth $24,481,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership raised its position in shares of Hafnia by 125.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 11,754,312 shares of the company's stock valued at $64,223,000 after buying an additional 6,530,482 shares during the period. Vanguard Group Inc. increased its stake in Hafnia by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 11,113,978 shares of the company's stock worth $59,449,000 after acquiring an additional 190,352 shares during the last quarter. Legal & General Group Plc raised its position in Hafnia by 41.0% in the fourth quarter. Legal & General Group Plc now owns 646,904 shares of the company's stock valued at $3,466,000 after purchasing an additional 188,152 shares during the period. Assenagon Asset Management S.A. acquired a new position in shares of Hafnia in the 4th quarter valued at $3,123,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of Hafnia by 100.4% during the 4th quarter. Bank of New York Mellon Corp now owns 573,825 shares of the company's stock worth $3,196,000 after purchasing an additional 287,460 shares during the period.

Hafnia Trading Down 0.1 %

HAFN traded down $0.01 on Friday, hitting $4.47. The company had a trading volume of 695,928 shares, compared to its average volume of 2,794,525. The company's fifty day moving average price is $4.33 and its 200 day moving average price is $5.21. Hafnia Limited has a 1 year low of $3.61 and a 1 year high of $8.99. The company has a current ratio of 1.70, a quick ratio of 1.52 and a debt-to-equity ratio of 0.34. The firm has a market cap of $2.26 billion and a P/E ratio of 2.63.

Hafnia Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Friday, March 7th were issued a $0.0294 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.12 annualized dividend and a dividend yield of 2.63%. Hafnia's dividend payout ratio is currently 7.28%.

Hafnia Company Profile

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels.