Universal Beteiligungs und Servicegesellschaft mbH Invests $3.11 Million in Hanmi Financial Co. (NASDAQ:HAFC)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Hanmi Financial Co. (NASDAQ:HAFC - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 131,567 shares of the bank's stock, valued at approximately $3,108,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.44% of Hanmi Financial as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Point72 Asset Management L.P. lifted its stake in Hanmi Financial by 6.6% during the fourth quarter. Point72 Asset Management L.P. now owns 8,527 shares of the bank's stock worth $201,000 after purchasing an additional 527 shares during the period. ProShare Advisors LLC bought a new position in Hanmi Financial during the fourth quarter worth about $214,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Hanmi Financial by 3.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,112 shares of the bank's stock worth $404,000 after purchasing an additional 547 shares during the period. Jacobs Levy Equity Management Inc. lifted its stake in Hanmi Financial by 0.4% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 176,354 shares of the bank's stock worth $4,165,000 after purchasing an additional 677 shares during the period. Finally, Deutsche Bank AG lifted its stake in Hanmi Financial by 48.0% during the fourth quarter. Deutsche Bank AG now owns 29,642 shares of the bank's stock worth $700,000 after purchasing an additional 9,613 shares during the period. Institutional investors own 88.66% of the company's stock.

Hanmi Financial Price Performance

HAFC traded up $0.59 during midday trading on Friday, reaching $23.33. 129,784 shares of the company's stock were exchanged, compared to its average volume of 200,967. The firm has a market capitalization of $704.85 million, a price-to-earnings ratio of 11.38 and a beta of 0.73. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 0.54. Hanmi Financial Co. has a one year low of $14.97 and a one year high of $27.59. The business has a 50-day simple moving average of $22.54 and a two-hundred day simple moving average of $23.37.

Hanmi Financial (NASDAQ:HAFC - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The bank reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.01. The company had revenue of $62.82 million during the quarter, compared to analyst estimates of $63.45 million. Hanmi Financial had a net margin of 14.45% and a return on equity of 8.64%. As a group, research analysts predict that Hanmi Financial Co. will post 2.6 EPS for the current year.

Hanmi Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Stockholders of record on Monday, May 5th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 4.63%. The ex-dividend date was Monday, May 5th. Hanmi Financial's payout ratio is 50.70%.

Hanmi Financial Profile

Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. It offers various deposit products, including noninterest-bearing checking accounts, savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit.