Hanmi Financial Co. (NASDAQ:HAFC) Position Lessened by Jane Street Group LLC

Jane Street Group LLC trimmed its position in shares of Hanmi Financial Co. (NASDAQ:HAFC - Free Report) by 83.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,882 shares of the bank's stock after selling 50,169 shares during the quarter. Jane Street Group LLC's holdings in Hanmi Financial were worth $233,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in HAFC. Empowered Funds LLC lifted its holdings in Hanmi Financial by 5.1% in the fourth quarter. Empowered Funds LLC now owns 108,704 shares of the bank's stock valued at $2,568,000 after acquiring an additional 5,258 shares during the period. Savant Capital LLC boosted its stake in Hanmi Financial by 4.4% in the 4th quarter. Savant Capital LLC now owns 18,243 shares of the bank's stock worth $431,000 after buying an additional 776 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Hanmi Financial by 4.0% in the 4th quarter. Principal Financial Group Inc. now owns 170,942 shares of the bank's stock valued at $4,038,000 after purchasing an additional 6,643 shares during the last quarter. New York State Common Retirement Fund grew its holdings in shares of Hanmi Financial by 17.0% during the 4th quarter. New York State Common Retirement Fund now owns 8,257 shares of the bank's stock worth $195,000 after purchasing an additional 1,200 shares during the period. Finally, Ieq Capital LLC lifted its holdings in shares of Hanmi Financial by 34.0% during the 4th quarter. Ieq Capital LLC now owns 63,495 shares of the bank's stock valued at $1,500,000 after acquiring an additional 16,102 shares in the last quarter. 88.66% of the stock is owned by hedge funds and other institutional investors.

Hanmi Financial Stock Up 2.6%

HAFC traded up $0.59 during trading hours on Friday, reaching $23.33. 129,784 shares of the stock traded hands, compared to its average volume of 200,841. Hanmi Financial Co. has a fifty-two week low of $14.97 and a fifty-two week high of $27.59. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.00 and a quick ratio of 0.99. The company has a market cap of $704.85 million, a price-to-earnings ratio of 11.38 and a beta of 0.73. The firm's fifty day simple moving average is $22.52 and its two-hundred day simple moving average is $23.39.

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 for the quarter, beating the consensus estimate of $0.57 by $0.01. Hanmi Financial had a return on equity of 8.64% and a net margin of 14.45%. The firm had revenue of $62.82 million during the quarter, compared to analyst estimates of $63.45 million. As a group, analysts forecast that Hanmi Financial Co. will post 2.6 earnings per share for the current fiscal year.

Hanmi Financial Announces Dividend

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 $0.27 dividend. The ex-dividend date of this dividend was Monday, May 5th. This represents a $1.08 annualized dividend and a dividend yield of 4.63%. Hanmi Financial's dividend payout ratio (DPR) is 50.70%.

About Hanmi Financial

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.