Balyasny Asset Management L.P. acquired a new stake in shares of Hafnia Limited (NYSE:HAFN - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 57,985 shares of the company's stock, valued at approximately $323,000.
Several other large investors also recently bought and sold shares of the business. WealthCollab LLC purchased a new position in shares of Hafnia during the 4th quarter worth approximately $28,000. SJS Investment Consulting Inc. acquired a new stake in shares of Hafnia in the 4th quarter valued at $89,000. Clear Harbor Asset Management LLC acquired a new stake in shares of Hafnia in the 4th quarter valued at $92,000. Wells Fargo & Company MN raised its stake in Hafnia by 7,756.1% during the 4th quarter. Wells Fargo & Company MN now owns 18,776 shares of the company's stock worth $105,000 after acquiring an additional 18,537 shares in the last quarter. Finally, Callan Capital LLC acquired a new stake in Hafnia during the 4th quarter worth $112,000.
Hafnia Price Performance
Shares of NYSE HAFN traded up $0.05 during midday trading on Tuesday, hitting $5.40. The company had a trading volume of 962,952 shares, compared to its average volume of 1,836,573. The company has a quick ratio of 1.52, a current ratio of 1.70 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $2.74 billion and a price-to-earnings ratio of 3.18. The business has a 50-day simple moving average of $4.46 and a two-hundred day simple moving average of $4.99. Hafnia Limited has a twelve month low of $3.61 and a twelve month high of $8.99.
Hafnia (NYSE:HAFN - Get Free Report) last announced its earnings results on Thursday, May 15th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.01. The company had revenue of $340.34 million during the quarter, compared to analysts' expectations of $250.80 million. Hafnia had a net margin of 53.44% and a return on equity of 36.90%.
Hafnia Dividend Announcement
The business also recently announced a dividend, which will be paid on Wednesday, June 4th. Investors of record on Monday, May 26th will be issued a $0.1015 dividend. The ex-dividend date is Friday, May 23rd. This represents a yield of 7.59%. Hafnia's payout ratio is 33.06%.
Wall Street Analysts Forecast Growth
Separately, Fearnley Fonds raised shares of Hafnia to a "strong-buy" rating in a research report on Tuesday, May 6th.
Read Our Latest Research Report on HAFN
About Hafnia
(
Free Report)
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.
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