80,562 Shares in Hanmi Financial Corporation (NASDAQ:HAFC) Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC acquired a new position in shares of Hanmi Financial Corporation (NASDAQ:HAFC - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 80,562 shares of the bank's stock, valued at approximately $1,826,000. Segall Bryant & Hamill LLC owned about 0.27% of Hanmi Financial at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HAFC. Victory Capital Management Inc. increased its position in shares of Hanmi Financial by 4.6% during the 4th quarter. Victory Capital Management Inc. now owns 25,554 shares of the bank's stock worth $604,000 after purchasing an additional 1,119 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Hanmi Financial in the 4th quarter valued at about $364,000. Amundi grew its position in Hanmi Financial by 213.3% in the 4th quarter. Amundi now owns 15,115 shares of the bank's stock valued at $338,000 after acquiring an additional 10,290 shares in the last quarter. Teacher Retirement System of Texas acquired a new position in Hanmi Financial in the 4th quarter valued at about $1,652,000. Finally, Magnetar Financial LLC acquired a new position in Hanmi Financial in the 4th quarter valued at about $222,000. 88.66% of the stock is owned by institutional investors and hedge funds.

Hanmi Financial Stock Performance

NASDAQ HAFC opened at $25.93 on Friday. The company has a market cap of $783.35 million, a P/E ratio of 12.17 and a beta of 0.73. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a 50-day moving average of $24.13 and a two-hundred day moving average of $23.25. Hanmi Financial Corporation has a 1-year low of $17.37 and a 1-year high of $27.59.

Hanmi Financial (NASDAQ:HAFC - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The bank reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.01. The business had revenue of $62.82 million during the quarter, compared to analysts' expectations of $63.45 million. Hanmi Financial had a return on equity of 8.84% and a net margin of 15.05%. As a group, analysts anticipate that Hanmi Financial Corporation will post 2.6 EPS for the current year.

Hanmi Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Investors of record on Monday, May 5th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 4.17%. The ex-dividend date of this dividend was Monday, May 5th. Hanmi Financial's payout ratio is 50.70%.

Hanmi Financial Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.